XRP Price Must Reach $30.61 to Match Bitcoin’s Market Cap

The discussion around XRP is intensifying due to ecosystem growth, interest in Spot XRP ETFs, and market dynamics. Despite this, XRP's market cap remains significantly lower than Bitcoin's, the leading cryptocurrency.

XRP vs. Bitcoin Market Cap

  • Bitcoin's current market cap: approximately $1.84 trillion.
  • XRP's current market cap: approximately $128.7 billion.
  • XRP would need to reach $30.61 per token to match Bitcoin's market cap.
  • To equal Bitcoin's all-time high market cap of $2.485 trillion, XRP would need to climb to about $41.26 per token.

XRP

Market Comparison

  • XRP is currently valued at roughly 7% of Bitcoin's total market cap.
  • An investor with 1,000 XRP could see value increase from $2,140 to over $30,000 if XRP reaches the "flippening price."

Recent developments in the Ripple ecosystem include new partnerships and acquisitions. The introduction of Spot XRP ETFs by major issuers like Bitwise, which recently launched its ETF, could bring significant liquidity to the market.