The cryptocurrency market is no stranger to ambitious predictions, and XRP often ranks among the boldest forecasts. Some believe it could reach astonishing price levels, such as $100, $300, or even $500.
However, these predictions raise important questions about feasibility, especially considering that XRP's circulating supply exceeds 57 billion tokens and the market cap required to achieve these milestones.
XRP's performance
Many existing holders hope to replicate such a rebound, especially as the market is experiencing a massive recovery. Top analysts believe XRP can reproduce this extraordinary performance.
Some analysts hold even higher expectations, with many predicting the digital asset will reach three-digit targets. For example, financial expert Armando Pantoja recently claimed that due to a recent breakout from a 7-year consolidation, the $100 price point may be within reach.
Market cap and feasibility
XRP's current circulating supply and market conditions pose significant challenges to achieving such high price targets. XRP is currently trading at $2.49, with a supply of 57.18 billion tokens, resulting in a market cap of $142.44 billion.
If XRP reaches its all-time high of $3.84 with the current circulating supply, its market cap would hit $219.57 billion. If it reaches $5, as a well-known analyst recently predicted, its market cap would reach $285.9 billion.
If it breaks into double digits and reaches $10, the market cap of this digital asset would reach $571.8 billion, surpassing Ethereum's current market cap of $463.7 billion.
However, reaching more ambitious targets like $100 or higher requires more capital inflow. A $100 XRP price implies a staggering $5.7 trillion market cap, exceeding the entire cryptocurrency market's valuation of $3.64 trillion.
To reach $300, its valuation must hit $17.155 trillion, almost equivalent to gold's market cap of $17.9 trillion. If it reaches $500, XRP's market cap will soar to $28.59 trillion.
Can XRP reach these targets?
Given the current market conditions, the likelihood of XRP reaching $100, $300, or $500 in the short term is very low unless there are significant changes in scenarios or the global financial system.
Based on historical growth trends and potential future demand, more moderate targets like $5 or $10 seem easier to achieve. However, platforms like Changelly have already set long-term forecasts for XRP, expecting the asset to exceed $300 by 2040 and $500 by 2050.
