XRP Price If It Gains 50% Share of Global Crypto Market

XRP could see its valuation surge to the multi-trillion-dollar range if it ever commanded a 50% share of the global crypto market.

Since this year, XRP has continued to consolidate its position as the third-largest crypto asset, trailing only Bitcoin and Ethereum.

This followed its nearly 6x price growth since November 2024, elevating it in the market rankings. Amid this impressive ascent, holders continue to have high hopes for their beloved token.

Speculations about how high XRP could go are wild in the crypto community. Some have argued for multi-trillion-dollar valuations, a position only Bitcoin currently enjoys. In light of this, The Crypto Basic explored a scenario where XRP commands 50% of the global crypto market.

XRP Price if It Gains 50% of Global Crypto Market

As of today, the global crypto market is $3.2 trillion. Of this market, XRP covers $156 billion. At this valuation, XRP makes up 4.875% of the total crypto market cap. What if XRP commanded 50%?

Notably, Bitcoin alone currently has a market cap that surpasses half of the entire crypto market. Some believe a similar scenario could play out for XRP someday.

In a scenario where XRP sees its valuation advance to the extent that it makes up 50% of the global crypto market, its market cap would be $1.6 trillion, given the current valuation of $3.2 trillion. Considering a circulating supply of 57.81 billion tokens, a $1.6 trillion cap would mean a unit price of $27.65 for XRP.

Notably, this $27 price point is among the widely projected valuations for XRP by analysts like Egrag. However, these analysts do not suggest XRP would attain this valuation by commanding 50% of the global crypto market.

What XRP Controlling 50% of the Total Crypto Market Means

The view of XRP attaining 50% of the crypto market is largely speculative. In particular, for XRP to control half of the crypto market, other assets—including Bitcoin, Ethereum, Tether, Solana, BNB, and others—would need to share the other half of the market.

In perspective, in a $10 trillion crypto market, for instance, XRP would have a $5 trillion market cap, while Bitcoin and the other assets share the other half.

This essentially suggests a hypothetical scenario where XRP dethrones Bitcoin to become the leading asset. For context, Bitcoin has a $1.93 trillion cap, which enables it to command 60% of the entire crypto market.