The worth of 1 XRP may very well be considerably appreciated if the altcoin grows to achieve the market cap of Bitcoin, the pioneering crypto asset.
At present, XRP has been topic to the bearish strain impacting the broader crypto market, having collapsed by a considerable 16.4% since Feb. 24, a downturn that has had an enormous bearish impression on its worth. For context, this marks the asset’s highest weekly drop since late September 2024.
XRP Market Cap Struggles
As XRP trades across the $2.30 area, its market cap has collapsed from the $195 billion peak in mid-January to a present determine of $134 billion, reflecting a lack of $61 billion price of valuation over the previous few weeks.
Notably, this bearish flip of occasions has dealt a blow to XRP’s ambition to overhaul Ethereum (ETH) because the second-largest crypto asset. Whereas earlier analyses had assessed how a lot XRP could be price if it overtook ETH, The Crypto Fundamental lately evaluated the worth of the altcoin if it reached the market cap of Bitcoin, the world’s largest crypto asset.
For context, Bitcoin at the moment boasts a market cap of $1.743 trillion. With a circulating provide of 19.83 million tokens, this interprets to a unit worth of $85,797 per BTC. In the meantime, as highlighted, XRP’s all-time excessive market cap stands at $195 billion, attained in January 2025. At this valuation, the value of 1 XRP was $3.20.
Regardless of the correction that has since ensued, with XRP at the moment altering fingers at $2.30, a number of analysts consider the altcoin is on the verge of a powerful comeback story. Amid the optimism, hypothesis of XRP rivaling Bitcoin has emerged.
The value of 1 XRP if It Reaches the Bitcoin Market Cap
In January, analyst Bobby A suggested that discussions round XRP surpassing Bitcoin in market cap rating would dominate the scene as soon as the asset overtakes Ethereum. Notably, this is able to align together with his final take-profit goal of 0.001 BTC for XRP.
Nevertheless, ought to XRP certainly hit Bitcoin’s market cap of $1.743 trillion, the value of 1 XRP would skyrocket to unimaginable ranges. For context, XRP at the moment has a circulating provide of 57.94 billion tokens. At this provide, the unit worth of 1 XRP would surge to $30 on a $1.743 trillion market cap.
Notably, this is able to mark a exceptional 1,027% enhance from XRP’s present worth of $2.30. Some analysts have already predicted a doable XRP rise to the $30 mark. For example, final November, CryptoBull projected a run to $5 and from there to $30. Dealer Ralston Maximus additionally believes the $30 goal just isn’t ridiculous.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article could embody the writer’s private opinions and don’t mirror The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Fundamental just isn’t liable for any monetary losses.