XRP, the fourth-largest cryptocurrency by market capitalization, will never be an all-time high hero unless it gets to the moon at a much higher valuation. XRP has a very high circulating supply, at present 58.55 billion tokens. If its market cap ever reaches $750 billion, the price would have to rise to $12.81, surpassing the valuation of JPMorgan Chase. Some analysts predict that with a $1.5 trillion valuation, XRP could be valued at $25.62 per token, exceeding Meta Platforms (Facebook). That’s too bullish of an XRP price target according to some market commentators.
Potential Market Cap Scenarios
Today, XRP has a market capitalization of about $140 billion, making it the fourth most valuable cryptocurrency after Bitcoin, Ethereum and Tether’s USDT. A $750 billion market cap would put XRP in front of JPMorgan Chase, which has a valuation of $703 billion. At this market cap, XRP’s price would be around $12.81 per token.
If XRP is able to achieve a $1.5 trillion valuation, it would do so by overtaking Meta Platforms (Facebook). Today, the market capitalization of Meta Platforms is approximately $1.489 trillion. This milestone would be an increase of 433.73% from XRP right now at $2.40. At its current $1.5 trillion market cap, XRP would need to achieve around $25.62/token. This would make it one of the ten most valuable assets on the planet.
Surpassing Tech Giants
A $3 trillion valuation for XRP would be truly uncharted territory, launching it well past double-digits. This resulting valuation would put XRP just ahead of heavyweights Apple, NVIDIA, Amazon and Google. To hit this mark, XRP would have to increase 967.5% from where it’s sitting now.
Should XRP trade up to a $1.5 trillion market cap, it would be one of the ten most valuable assets in the world. Additionally, XRP would have to grow faster than Bitcoin to be the most valuable cryptocurrency, since by definition a cryptocurrency can only have one winner. Although, if Bitcoin were to trade at $152,000 when XRP reached $52, Bitcoin would still be in the lead in this comparison.
Market Predictions and Considerations
To reach any of these aggressive market cap milestones, XRP would need massive expansion and adoption. Other market commentators think that XRP at $52 would be too bullish. Nonetheless, the opportunity for large price gains remains.
Reaching a $3 trillion valuation for XRP would be historic for XRP. The cryptocurrency market is incredibly unstable. There are a number of factors that affect XRP’s price including regulatory news, technological progress, and general market sentiment.
