, we'll use the following calculation:
Market Capitalization = Total Supply x Price
Assuming the total supply of $XRP is 100 billion, we can set up the equation:
Market Capitalization = 100,000,000,000 x $100
Market Capitalization = $10,000,000,000,000 (10 trillion)
So, the market capitalization required for XRP to reach $100 would be approximately $10 trillion.
To put this into perspective:
- Current XRP market capitalization: around $25-30 billion
- Required growth: 333-400 times current market capitalization
This estimate assumes:
- No change in total supply
- No significant changes in market dynamics or competition
- Continuous adoption and growth
Keep in mind that reaching $100 will require significant market momentum, adoption, and infrastructure development.