A hypothetical scenario circulating among crypto investors examines how much XRP could be worth if its market value were to rise to roughly half that of Bitcoin, a benchmark that highlights the scale of growth required for such an outcome.
What Happened
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has fallen sharply from its early October high of $126,198. This rally had briefly pushed Bitcoin’s total valuation above $2.5 trillion. However, following a broader market pullback, Bitcoin has since retreated to around $87,738, reducing its market capitalization to approximately $1.75 trillion. Despite this decline, Bitcoin continues to dominate the crypto market by a wide margin, with its valuation still exceeding that of major assets such as Ethereum and XRP combined.
Even so, market participants frequently explore alternative valuation scenarios, contemplating whether other large-cap tokens could narrow the gap. Currently, XRP trades near $1.86, giving it a market capitalization of about $113 billion, placing it among the top five cryptocurrencies globally, behind Bitcoin, Ethereum (ETH), Tether (USDT), and BNB.
Why It Matters
If XRP were to reach half of Bitcoin’s current market capitalization, its valuation would need to rise to roughly $875 billion. This scenario implies a more than sixfold increase from present levels, signifying a gain of approximately 673% in market value. Based on XRP’s circulating supply of roughly 60.6 billion tokens, an $875 billion valuation would translate into a token price near $14.43. Such a level would exceed XRP’s previous all-time high of $3.84 and mark a significant re-rating of the asset within the crypto market.
Under this optimistic scenario, the impact on individual holdings could be substantial. At current prices, purchasing 5,000 XRP requires an investment of about $9,300. Interestingly, this same position would have cost notably less earlier in October, when XRP briefly traded near $1.53, but it has since rebounded in value.
Should XRP eventually trade at $14.43, a holding of 5,000 tokens would be worth approximately $72,150. This outcome implies a gain of about $64,500 from today’s entry price. Such projections are engaging for investors, but it’s essential to note that they remain theoretical. Achieving this level would require XRP to surpass the combined market capitalizations of several major cryptocurrencies, a daunting task.
While some analysts have publicly discussed price targets in the $14 range over multi-year horizons, there is no certainty that XRP will reach that level. Various factors, including market sentiment, regulatory developments, and technological advancements, could influence XRP’s journey in the competitive crypto landscape.
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