The value of Ripple escrow holdings and Chairman Chris Larsen’s bag could surge significantly if XRP reaches a double-digit price.
While XRP and the XRP Ledger launched before Ripple (then OpenCoin), the blockchain’s original architects had some ties to the Ripple firm. As a result, the team donated billions of XRP to the company and its founders, with Chris Larsen, one of the founders and now Chairman, also receiving a large chunk.
XRP Tokens Held by Larsen and Ripple Escrow
Ripple as a company locked up most of its balance in an escrow in 2017, releasing 1 billion tokens each month. Notably, due to their large holdings, Ripple and Chris Larsen stand to benefit tremendously if the XRP price skyrockets to greater heights.
Interestingly, several analysts and community figures already believe XRP is currently undervalued, suggesting that it is on track for an imminent explosive run. For instance, last month, crypto trader DK64Trades expressed confidence that XRP could easily break $10 this cycle, citing the XRP dominance chart.
Should this $10 price materialize, it could have far-reaching implications on the value of Ripple’s escrow as well as Larsen’s holdings. For context, data from XRPScan shows that Ripple currently holds 36.208 billion XRP across 14 wallets within its escrow system. Currently, these tokens are worth $77.84 billion at XRP’s price of $2.15.
XRP Distribution | XRPScan
Meanwhile, Ripple Chairman Chris Larsen currently holds 2.643 billion XRP tokens. At the prevalent XRP price, his stash is worth $5.682 billion.
Worth of Ripple and Larsen’s Holdings if XRP Hits $10
Notably, if XRP surges to $10 per token, these holdings would skyrocket. For instance, at a $10 price, Ripple’s escrowed 36.208 billion XRP tokens would be worth $ 362.08 billion, representing an increase of nearly $285 billion. At this price, Larsen’s 2.643 billion tokens would surge to $26.43 billion, inflating his worth by over $20 billion.
Interestingly, while the $10 price appeared ambitious as of November 2024, when XRP traded for $0.5, this price target now seems readily feasible at the current position. With XRP now trading for $2.15, it would need to increase by just 365% to reach the $10 price.
Recall that XRP already showed its potential with a 580% rise from November 2024 to January 2025. As a result, several analysts believe a run to $10 is achievable. For instance, CryptosRUs founder George Tung expects XRP to reach a price of $8 to $10 by the end of the year.
Also, in March, market technician Cas Abbé identified three factors that could push XRP to $10, including RLUSD adoption, a Ripple IPO, and the launch of spot XRP ETFs.
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