thecryptobasic.com
Digital Asset Investor ($DAI), a familiar voice in the $XRP community, recently discussed $XRP’s current market position and multiple bullish developments.
He highlighted all this in a recent video commentary, calling attention to what he called the “$XRP Math.” In a section of his presentation, the market commentator mentioned the launch of the Rex Osprey $XRP ETF. Specifically, the fund opened at $25.82 and marked a milestone in institutional recognition of $XRP.
$XRP ETF Delivers on First Day
The Rex Osprey product saw a volume of $37.7 million, the largest natural volume for any ETF launch in 2025. Notably, this is according to Bloomberg’s James Seyffart. This institutional recognition could have a massive impact on the $XRP price. Interestingly, the U.S. SEC will also rule on multiple products next month.
$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq
— Eric Balchunas (@EricBalchunas) September 18, 2025
The $XRP Math
Following this, $DAI then called attention to $XRP’s recent price action during a broader market move. Specifically, when the crypto market cap rose by $0.08 trillion, $XRP climbed by $0.24, moving from $2.75 to $2.99. He used this example to show how $XRP reacts to overall market liquidity, calling it the “$XRP Math.”
Building on this, we assessed what might happen if $10 trillion poured into the crypto market. Since $10 trillion equals about 125 times the earlier $0.08 trillion increase, the same ratio suggests $XRP could add another $30 on top of its current price. This would push $XRP to around $33, giving it a market cap near $1.98 trillion.
At such a level, $XRP would hold about 14% of the total market, a sharp jump from its current 4.52% dominance but still below its past highs of 18% in January 2018 and 31% in May 2017.
Meanwhile, if the crypto market reached $14 trillion and $XRP simply kept its present 4.52% market share, its value would land at about $10.54 amid a $632 billion market cap. Even under this scenario, $XRP would see notable growth without needing to gain dominance.
$DAI Discusses $XRP Market Position
Notably, in the earlier part of his commentary, $DAI warned that the urge to lend or borrow against $XRP could backfire in today’s still-developing market. To him, institutions are just beginning to arrive, and the market needs more time to mature. For now, he said the smartest move is to hold $XRP securely and stick to a clear exit strategy.
He also noted that $XRP was already trending across the crypto scene due to major developments, including the SEC approval of Grayscale’s multi-asset fund featuring $XRP, the launch of the Rex Osprey $XRP ETF, and CME Group‘s announcement to introduce $XRP futures options.