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The global crypto market is valued at over $3.7 trillion, and $XRP is among the few crypto assets holding a notable share.
During the bull run, experts project the market could surpass $20 trillion in this cycle.
Interestingly, widely followed market commentators like Capt Toblerone have even suggested a potential valuation as high as $35 trillion. In such a promising market environment, bold price forecasts have emerged for top altcoins like $XRP.
The only assets ahead of $XRP are Bitcoin, Ethereum, and the stablecoin $USDT. Notably, Bitcoin controls 64% of the market with a valuation exceeding $2 trillion. Ethereum commands 9%, while $USDT accounts for approximately 5%.
Should the crypto market reach $20 trillion and these assets maintain their current shares, their valuations would increase significantly.
$XRP Price in a $20 Trillion Global Crypto Market
If $XRP retains its 4% market share in a $20 trillion market, its market cap would rise to $800 billion (based on 4%). With a circulating supply of 58.93 billion tokens, this would translate to a unit price of approximately $13.57.
This would mark a new all-time high for $XRP, which has been trading below its peak for over seven and a half years.
Notably, many analysts have projected that $XRP could reach and potentially exceed the $13 mark this year. Some even suggest $XRP could hit prices above $20 this cycle. Historically, price predictions for $XRP were primarily based on technical analysis and historical performance.
However, with growing institutional adoption of $XRP through ETFs and its inclusion in treasury reserves, many believe the token could outperform expectations.
Bitcoin, Ethereum, and Other Top Altcoins in a $20 Trillion Market
If Bitcoin maintains its 64% dominance, its market cap would rise to $12.8 trillion, implying a BTC price of over $644,000 per coin.
Ethereum would also reach the trillion-dollar milestone, with a projected valuation of $1.8 trillion if it retains its 9% share.
$USDT would rise to $966 billion, nearing the $1 trillion mark. Meanwhile, BNB and Solana would hit historic highs, reaching $556 billion and $458 billion, respectively.
Interestingly, Cardano’s 0.63% market share would take its valuation to $126 billion, resulting in an ADA price of approximately $3.56. This isn’t far from Cardano’s previous all-time high of $3.10, which it reached with a market cap of $95 billion.