, we'll consider the following:
- Global financial market size: Approximately $90 trillion (Source: World Bank)
- 15% market share: $13.5 trillion (15% of $90 trillion)
- Total XRP supply: 100 billion
- Circulating supply: Approximately 45 billion (assuming 45% of total supply is in circulation)
Now, let's calculate the potential XRP price:
- Market capitalization: $13.5 trillion (15% market share)
- Circulating supply: 45 billion XRP
XRP price = Market capitalization / Circulating supply
= $13,500,000,000,000 / 45,000,000,000
≈ $300
So, if XRP captures 15% of the global financial market, its price could potentially reach around $300.
Keep in mind that this is a simplified calculation and doesn't account for various factors, such as:
- Market dynamics and competition
- Regulatory environment
- Adoption rates
- Technical advancements
This estimate should not be considered investment advice
