- Current Dominance: XRP holds a steady 4.55% market dominance, even amid recent price struggles.
- Future Scenario: If the global crypto market hits $40 trillion and XRP maintains its dominance, its market cap would be ~$1.82 trillion — pushing price to around $28 (based on a 65B supply).
- Analyst Predictions: CrediBULL, Telegaon (2029), and Changelly (2031) all support the $28 target; meanwhile, Bitcoin could reach $1.3 million with 64% dominance under the same market cap scenario.
XRP has had a bumpy ride lately — but here’s the thing: if it keeps holding market share and the total crypto market cap sees serious growth, XRP could very well hit double digits. Yeah, sounds wild, but it’s not impossible.
XRP’s Market Grip
Despite struggling to ride the latest market bounce, XRP has kept its dominance above 4% — sitting at 4.55% right now. That’s no small feat. Just a year ago, XRP was stuck below 3% for what felt like forever. Then November 2024 happened — a big price spike pushed its dominance way up, hitting 5.58% when XRP reached $3.39 in January.
Sure, it pulled back after that. But that 4.55% dominance? It’s holding steady.
Big Picture: What If Crypto Hits $40 Trillion?
Back in 2022, the global crypto market hit a low of $744 billion. By late 2024, it skyrocketed to $3.73 trillion. Now, we’re sitting around $2.9 trillion — already up 10% this month. And if market bulls like Dan Gambardello are right, we could be looking at a $40 trillion market down the line. No one knows when — but the idea’s out there.
So what happens to XRP in that scenario?
If XRP keeps its 4.55% dominance when the total market hits $40 trillion, its market cap would be around $1.82 trillion. With a projected circulating supply of 65 billion tokens (thanks to Ripple’s escrow releases), that gives us a price of… wait for it… $28 per XRP.
$28 XRP? It’s Not That Crazy
Believe it or not, others have floated this number too. In March, CrediBULL made a similar call. Telegaon thinks XRP might hit $28 by 2029. Changelly is a bit more conservative, putting the target year at 2031.
Now obviously, Bitcoin’s gonna grab the biggest slice of that $40T pie. With its 64.28% dominance, BTC would sit at a $25.7 trillion market cap — which, with nearly 20 million coins in circulation, means a price of roughly $1.3 million per Bitcoin. Ark Invest’s Cathie Wood and VanEck both made similar predictions.
Final Thought
Sure, $28 XRP and $1.3M Bitcoin sound bold. But if global crypto adoption keeps accelerating and the market grows 10x or more, these numbers might not be as crazy as they seem. XRP’s been here a long time. If it keeps its ground — or gains more — the upside’s there.
