For XRP to do so, it would need to grow from today's price of $2.7 to $891, a 33,000% return. Over 30 years, this works out to an annual rate of 21.3%, more than twice that of the stock market's historical average. Although this wouldn't be strictly impossible, I would venture to say it's probably not going to happen.

Ripple was at the center of a legal storm in the past four years as the SEC hounded the fintech company over alleged securities violations over its $XRP sales, but in the past month, the company bounced back in what could be the biggest recovery of the year.

XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in the last 24 hours,

The token has surged since the U.S. election, on the expectation that the Trump administration will ease regulatory pressure on Ripple Labs.

The XRP price jumped 6.8% amid news that its stablecoin is approved, but traders rush to buy this ICO before it's too late.