These are some of the most absurd claims I’ve ever seen. There are posts floating around on Square suggesting that XRP will skyrocket to $978.99 by May 12, 2025. Let’s be clear—that’s flat-out impossible. Here’s why:

XRP is currently trading around $2.37 with a circulating supply of about 56 billion tokens, giving it a market cap of approximately $132.7 billion. For XRP to hit $978.99, its market cap would need to explode to nearly $54.82 trillion. And if you factor in the full 100 billion token supply, that number balloons to $97.9 trillion—a valuation higher than the entire global stock market, which sits around $100 trillion. For comparison, the entire crypto market is worth about $2.94 trillion today, meaning XRP would need to become 18 times more valuable than all cryptocurrencies combined.

Even in a wildly hypothetical scenario where XRP's supply is cut in half, it would still require a market cap exceeding $27 trillion—nine times the size of the current crypto market. Ripple has never executed a token burn on that scale, and transaction fee burns are far too slow to have any meaningful short-term impact.

Going from $2.37 to $978.99 means a 41,000% price jump, which dwarfs XRP’s historic three-month rally of 280%. Achieving that level would require around $54 trillion in fresh capital—an injection that would shake the foundations of the global financial system. Even if XRP replaced SWIFT and handled 1% of its $5 trillion daily volume, it would only justify a price of around $35, not $978.

Let’s also consider the regulatory and economic realities. Yes, XRP has had positive developments like the SEC lawsuit outcome and CME Futures listing, but these factors typically lead to gradual gains, not overnight moonshots. Case in point: XRP recently dropped from $2.25 to $2.09, then bounced back to $2.37—a 13% swing, not the explosive surge needed to hit that fantasy price target.

The bottom line? XRP reaching $978.99 in two days is pure fantasy. The math doesn’t work, the history doesn’t support it, and the market logic isn’t there.