Top Analyst Explains XRP Price Potential to Reach $7, $25, or $53 in $10T Market Cap
In a recent video, analyst Steph delivered a comprehensive analysis of XRP future price potential.He explored different market scenarios and how XRP might perform based on the broader crypto markets growth.At the time of the presentation, the total crypto market cap stood at $3.18 trillion. Of this global cap, XRP held a market dominance of 4.6%. This means XRP controlled 4.6% of the entire crypto market, with its valuation at $146 billion.At that point, XRPs price was approximately $2.50, though it had fluctuated slightly down to around $2.18. To simplify calculations, Steph used the rounded price of $2.50 in his analysis.Steph begins by referencing the consensus among financial experts, who predict that the crypto market will grow to $10 trillion. They expect this valuation to materialize by the end of this cycle, likely by 2025 or the first quarter of 2026.Using this $10 trillion market cap as a base case, he explores what would happen if XRP maintained its 4.6% dominance throughout the entire bull run.Conservative Market Growth ScenarioIf XRPs dominance holds steady at 4.6% and the total market cap grows to $10 trillion, XRPs price would reach approximately $7.85 per token. This would represent a 3x growth from its current price.Notably, Steph acknowledged that XRP maintaining a consistent market dominance is unlikely. Yet he emphasized that the $7 outlook is still quite conservative.What If XRP Gains Market Dominance?Meanwhile, Steph speculated on a scenario where XRP increases its market dominance. Given that this has been something XRP has historically done, he suggests this is a much more likely scenario.Accordingly, he suggested that if XRP were to claim 15% of the total cryptocurrency market by the end of this bull run, the price of XRP could surge to $25.64 per token.The Ultra-Bullish CaseFurthermore, Steph presented his ultra-bullish scenario, where XRP not only sees significant growth but also recaptures the dominance it had during the 2017 bull run.Back then, XRP commanded 31.3% of the entire cryptocurrency market. If history were to repeat itself and XRP were to achieve this level of dominance again, the token could reach a price of $53.40.
Text source: The Crypto Basic
