The price of 1 XRP could be significantly appreciated if the altcoin grows to reach the market cap of Bitcoin

This marks the asset’s highest weekly drop since late September 2024. For context, Bitcoin currently boasts a market cap of $1.743 trillion.

The price of 1 XRP could be significantly appreciated if the altcoin grows to reach the market cap of Bitcoin, the pioneering crypto asset.

Currently, XRP has been subject to the bearish pressure impacting the broader crypto market, having collapsed by a substantial 16.4% since Feb. 24, a downturn that has had a massive bearish impact on its price. For context, this marks the asset’s highest weekly drop since late September 2024.

XRP Market Cap Struggles

As XRP trades around the $2.30 region, its market cap has collapsed from the $195 billion peak in mid-January to a current figure of $134 billion, reflecting a loss of $61 billion worth of valuation over the past few weeks.

Notably, this bearish turn of events has dealt a blow to XRP’s ambition to overtake Ethereum (ETH) as the second-largest crypto asset. While previous analyses had assessed how much XRP would be worth if it overtook ETH, The Crypto Basic recently evaluated the price of the altcoin if it reached the market cap of Bitcoin, the world’s largest crypto asset.

For context, Bitcoin currently boasts a market cap of $1.743 trillion. With a circulating supply of 19.83 million tokens, this translates to a unit price of $85,797 per BTC. Meanwhile, as highlighted, XRP’s all-time high market cap stands at $195 billion, attained in January 2025. At this valuation, the worth of 1 XRP was $3.20.

Despite the correction that has since ensued, with XRP currently changing hands at $2.30, several analysts believe the altcoin is on the verge of an impressive comeback story. Amid the optimism, speculation of XRP rivaling Bitcoin has emerged.

The worth of 1 XRP if It Reaches the Bitcoin Market Cap

In January, analyst Bobby A suggested that discussions around XRP surpassing Bitcoin in market cap ranking would dominate the scene once the asset overtakes Ethereum. Notably, this would align with his ultimate take-profit target of 0.001 BTC for XRP.

However, should XRP indeed hit Bitcoin’s market cap of $1.743 trillion, the worth of 1 XRP would skyrocket to unimaginable levels. For context, XRP currently has a circulating supply of 57.94 billion tokens. At this supply, the unit price of 1 XRP would surge to $30 on a $1.743 trillion market cap.

Notably, this would mark a remarkable 1,027% increase from XRP’s current price of $2.30. Some analysts have already predicted a possible XRP rise to the $30 mark. For instance, last November, CryptoBull projected a run to $5 and from there to $30. Trader Ralston Maximus also believes the $30 target is not ridiculous.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.