XRP Price Prediction: Can It Reach Bitcoin’s Market Cap and Hit $30?
XRP's price could soar if it reaches Bitcoin’s market cap, with analysts predicting a dramatic increase in valuation
By Tylt Editorial Team
XRP has faced a significant 16.4% price drop since late February.
If XRP reaches Bitcoin’s market cap, its price could surge to $30 per token.
Analysts believe XRP's growth potential remains strong despite recent downturns.
XRP has been experiencing a bearish trend, declining 16.4% since February 24. This marks its steepest weekly drop since late September 2024. As of now, XRP is trading at around $2.30, a sharp contrast from its peak in mid-January, when its market cap reached $195 billion. Currently, XRP’s market cap has shrunk to $134 billion, reflecting a loss of $61 billion in just a few weeks.
The decline has posed challenges to XRP’s goal of surpassing Ethereum (ETH) as the second-largest cryptocurrency. Previous projections analyzed how much XRP would be worth if it overtook ETH. Now, discussions have turned to a much bigger possibility—what if XRP attains Bitcoin’s market cap?
Bitcoin currently holds a market cap of $1.743 trillion, with a circulating supply of 19.83 million BTC, pricing each Bitcoin at around $85,797. At its peak valuation of $195 billion in January 2025, XRP was valued at $3.20 per token. Although XRP is now trading lower, some analysts believe that it could stage a major comeback and potentially challenge Bitcoin’s dominance.
Crypto analyst Bobby A has suggested that once XRP surpasses Ethereum in market cap, discussions about its potential to match Bitcoin’s valuation will take center stage. His projection aligns with his take-profit target of 0.001 BTC per XRP. If XRP reaches Bitcoin’s current market cap of $1.743 trillion, the price per XRP would skyrocket to an estimated $30 per token.
This would represent a staggering 1,027% increase from its current price of $2.30. Several analysts have previously predicted this possibility. In November, CryptoBull projected an initial rise to $5, followed by a rally toward $30. Another trader, Ralston Maximus, also believes this price target is feasible.
Despite these bullish projections, market conditions remain unpredictable. Investors should approach such predictions cautiously, keeping in mind the volatility of cryptocurrencies. The future of XRP remains uncertain, but if its market cap ever reaches Bitcoin’s, holders could witness an extraordinary price surge.
Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed here are those of the analysts and do not reflect the views of The Crypto Basic. Investors should conduct thorough research before making any financial decisions.
