Cryptocurrency

XRP Likely Price If Ripple Captures 20% of Global Stock Market

The global stock market is a vast financial ecosystem valued at approximately $118 trillion. With Ripple’s growing global influence and a potential IPO around the corner, we want to discuss how Ripple capturing 20% of the stock market can impact the digital asset’s price.

While the likelihood of such an occurrence is low, examining this possibility provides insights into XRP’s potential trajectory and the challenges Ripple would face in achieving such market dominance.

Ripple’s Current Position and Challenges

Ripple has made significant strides in recent years, particularly in terms of regulatory clarity. The recent conclusion of the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) alleviated many regulatory concerns surrounding XRP.

Furthermore, Ripple has developed a suite of products that have attracted notable clients globally. The company has also established partnerships with financial institutions in Southeast Asia, the Middle East, and North Africa, and is gradually expanding into Europe.

Despite these achievements, Ripple faces substantial challenges in expanding its market share. To make meaningful progress toward a successful IPO and capture a significant portion of the global stock market, Ripple would need to continually develop and improve its XRP-powered product offerings and the XRP Ledger (XRPL) to address real-world use cases.

The company would also have to establish more extensive partnerships across the financial sector and achieve widespread adoption of its technology in traditional finance and potentially central banking systems.

Hypothetical Valuation Scenarios

Overcoming these challenges and capturing 20% of the global stock market would result in a market cap of approximately $22.37 trillion for Ripple. This valuation would significantly exceed that of current financial giants such as JPMorgan Chase, Visa, Mastercard, and Goldman Sachs combined. To estimate the potential price of XRP in this scenario, we must consider various supply assumptions.

Based on the current circulating supply of around 56 billion XRP, the price per token could reach $396.88. Calculating with the fully diluted supply of 100 billion tokens would result in $223.7. Meeting in the middle and using a partial circulating supply of 75 billion tokens would yield a price of $297.29.

XRP is currently trading at $0.5861, up 1.00% in the past 24 hours. Although these targets seem unattainable, experts have weighed in on the digital asset’s price and many of them see triple-digit prices in its future, with some targets exceeding $500.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on Twitter, Facebook, Telegram, and Google News

Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

Recent Posts

XRP Price Looks Bleak, Investors Move Into Ripple Alternative Under $0.1 Set To Explode To $5 In Next 2 Months

As the XRP price falters, investors are beginning to find other options. Recent shifts in…

3 hours ago

Which Are The Best Cryptos To Buy Now In November 2024? Top 5 Picks for January 2025

With cryptocurrency adoption on the rise, digital assets are becoming integral to global finance. For…

5 hours ago

$100 In FX Guys ($FXG) Presale Could Change Your Life – Analysts Say It’s On Track To Outpace Ethena And NEIRO By 2025

Crypto market analysts have made bold assertions about the potential of FX Guys ($FXG) to…

7 hours ago

Meme Coin Mania Continues: Analysts Predict These Newcomers Could Deliver 15,000% Returns by Year-End

The surge of interest in meme coins continues unabated as new digital assets promise phenomenal…

7 hours ago

XRP Price Faces Resistance: This RWA Altcoin Could Steal the Spotlight with a 20,000x Surge

XRP price has hit resistance after a recent rally, with several crypto enthusiasts attributing this…

8 hours ago

Turn $500 into $500k: Experts Predict Massive Gains for These Altcoins by 2025

In the dynamic world of cryptocurrency, a modest investment today could potentially yield extraordinary returns…

8 hours ago