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.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven 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.

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