What Would XRP Price Be if Ripple Controls 20% of Global Stock Market?

The 2024 global stock market capitalization stands at around $118 trillion. What would happen to the XRP price if Ripple controlled 20% of the global stock market? It would put XRP price in the $223.70 to $439.51 range. But how likely is it that considering the huge size of the global stock markets? Little-to-none. Regardless, let’s explore the possibility.

XRP Price If Ripple Captures 20% of the Global Stock Market

Multiple developments need to happen for both Ripple, the payments company, and XRP, the native token, to control such a huge portion of the global stock market. 

  1. Ripple needs to establish partnerships, attain complete regulatory clarity, and improve its products to attract customers with real-life use cases.
  2. Additionally, the payments company needs to educate and onboard institutions with partnerships and technological advancements to see any meaningful move towards capturing global stock market share. 
  3. After the above two are achieved without any bargains, it could open the path for a future where both the company  and the token are deeply integrated into traditional finance, commerce, and central banks.

If the above outcomes come true, it would increase the odds of Ripple capturing a sizable chunk of the global stock market, be it 20%. If this outlook comes to pass, it would immediately put XRP’s market capitalization at $22.37 trillion, making it one of the largest financial institutions globally. Additionally, Ripple’s price would be in the top three spots in the world based on market capitalization.

Such a size would dwarf major finance companies based on their current market capitalization. Here are a few examples:

  • JPMorgan Chase: ~$590 billion
  • Visa: ~$573 billion
  • Mastercard: ~$459 billion
  • Goldman Sachs: ~$153 billion 

XRP Price Could Hit $400

Let’s make three assumptions to estimate where XRP price would trade if Ripple controls 20% of the global stock markets.

Assumption 1: XRP price is calculated based on the current circulating supply of 56.4 billion. This scenario would put Ripple market capitalization at $22.37 trillion and XRP price at $396.88.

Assumption 2: XRP price is calculated based on the fully diluted circulating supply of 100 billion. Assuming a full diluted supply would put Ripple’s market capitalization at $22.37 trillion, but one XRP would be worth $223.70.

Assumption 3: XRP price is calculated based on the partially circulating supply of 75 billion. In the last outcome, Ripple’s market capitalization would be worth the same, but the changing supply would put XRP price at $297.29. 

From the above assumptions, XRP price could range between $396.88 and $297.29.

Will Ripple Capture Portion of Global Stock Market?

Out of the three aforementioned requirements, Ripple recently acquired legal clarity surrounding SEC vs. Ripple, which has put XRP out of the regulators’ crosshairs. Additionally, the company already has xCurrent, xRapid, xVia, and other products that have onboarded massive clients worldwide. Additionally, the payments company has partnered with banks in Southeast Asia and the Mena regions.

Apart from the pointers mentioned above, if XRP is selected for use cases like Central Bank Digital Currencies (CBDCS), it could vastly improve the token’s utility. All these developments could indeed push Ripple closer to achieving this dream. 

Frequently Asked Questions (FAQs)

XRP’s price could range from $223.70 to $439.51.

Ripple needs to establish partnerships, attain regulatory clarity, improve products, educate institutions, and achieve widespread adoption.

Ripple’s market capitalization would reach $22.37 trillion, making it one of the largest financial institutions globally.

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Akash Girimath

Akash Girimath, an engineer by training, has developed a deep fascination with the complexities of cryptocurrency markets. As a senior reporter and analyst, he specializes in crypto analysis and contributes his expertise to notable platforms such as AMBCrypto and FXStreet. In addition to his analytical work, Akash actively trades cryptocurrencies and manages a small crypto fund for friends and family. His role involves providing insightful market analysis and keeping readers informed about the latest trends in the crypto world. Follow Him on Youtube , X and LInkedIn

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/markets/what-would-xrp-price-be-if-ripple-controls-20-of-global-stock-market/