Here’s What 1 XRP Would Be Worth If It Matches Bitcoin’s $2.1 Trillion Market Cap

Market watchers are drawing attention to the potential price of XRP if it were to match Bitcoin’s current market valuation.

Specifically, the post suggested that XRP’s price would expand by over 16 times if it reached the $2.1 trillion valuation that Bitcoin currently holds.

At press time, XRP is trading at $2.20 with a market capitalization of $130 billion. This valuation places it as the fourth-largest cryptocurrency, trailing only Bitcoin, Ethereum, and USDT.

Notably, XRP has a circulating supply of 59 billion tokens. Based on this supply, a $2.1 trillion market cap would translate to a price of approximately $35.60 per XRP. To reach this level, XRP’s price would need to surge by over 1,520%.

Can XRP Reach Bitcoin’s Market Cap?

The idea of XRP reaching a trillion-dollar valuation like Bitcoin has become a hot topic in the crypto community. Critics argue that such a milestone is overly ambitious for XRP, at least in the short term.

So far, Bitcoin remains the only crypto asset to achieve and maintain a trillion-dollar valuation. Its closest competitor, Ethereum, briefly reached $561 billion in 2021 before falling significantly below that level.

However, XRP proponents don’t view Ethereum’s struggles to rival Bitcoin as a limitation for XRP’s potential. In fact, some believe XRP could overtake Ethereum as the leading altcoin as early as this year.

Harvard-trained developer Austin King argues that XRP could surpass Ethereum due to Ethereum’s inflationary design, perceived centralization, and XRP’s efficiency and clearer use cases. Attorney John Deaton has also cited growing Wall Street interest in XRP, pointing to over 10 spot ETF filings as evidence that XRP may surpass Ethereum in 2025.

Essentially, many influential voices in the crypto space believe XRP could eventually overtake Ethereum and potentially approach a trillion-dollar market cap in the coming years.

Timeline for XRP to Reach $35 and a $2.1 Trillion Cap

Also, numerous forecasts in the crypto community suggest XRP could surpass $35 and a $2 trillion valuation, some as early as this year. However, there’s skepticism around such aggressive timelines.

Meanwhile, research from notable entities like Bitwise and Changelly points to a longer trajectory. According to Bitwise, XRP may reach $30 by 2030, potentially paving the way for further growth. Changelly’s forecast aligns closely, suggesting XRP could hit $35 by 2032.

While these projections extend nearly a decade into the future, many XRP advocates consider them too conservative. As a result, they remain optimistic, and some even expect triple-digit prices for XRP in the coming years.