XRP News Today: XRP's Price Potential Surpasses $22 If Market Cap Matches Bitcoin

A recent analysis by pseudonymous market observer (X)=chi (Resurrected)(P)=rho has reignited debate on XRP’s long-term valuation potential. The analyst noted that if XRP’s market capitalization were to match that of Bitcoin, its price could surpass $22, with potential for even higher gains if the 1.618 Fibonacci extension is factored in [1]. This projection is based on both market-cap parity calculations and technical analysis, reinforcing the notion that XRP is significantly undervalued compared to its theoretical potential [1].

The calculation assumes Bitcoin’s current market cap of approximately $2.32 trillion and divides it by XRP’s supply. Using the maximum supply of 100 billion tokens, the implied price comes to roughly $23.23, which aligns with the $22+ target mentioned by the analyst. When using XRP’s circulating supply of about 59.308 billion tokens, the implied price jumps to around $39.17 [1]. Given that XRP trades at about $3.32, the difference highlights the asset’s substantial undervaluation [1].

Further analysis incorporates technical indicators, specifically the 1.618 Fibonacci extension, commonly used to project price targets in strong uptrends. Applying this ratio to the $23 parity level yields a target near $37.60, a figure that closely mirrors the circulating-supply parity calculation [1]. This convergence of fundamental and technical indicators strengthens the case for a bullish outlook, though Fibonacci levels are not guarantees but rather indicators frequently observed in market psychology [1].

To achieve market-cap parity with Bitcoin, XRP would need a dramatic shift in adoption and institutional interest. This includes broader integration of Ripple’s payment solutions by major financial institutions, favorable regulatory clarity, and a move of capital from Bitcoin to altcoins, a trend seen in past bull cycles [1]. Analyst Versan Aljarrah has noted that XRP’s price remains constrained by a “layered, coordinated” system involving exchanges, regulatory structures, and liquidity manipulation [2]. Aljarrah argues that while XRP has been positioned as a utility instrument for a new monetary system, its price performance continues to underperform expectations [2].

XRP has recently seen a resurgence driven by favorable regulatory developments. In 2023, a court ruling by Judge Analisa Torres determined that XRP sold to retail investors was not a security, reducing regulatory pressure on the asset [6]. This decision, coupled with the resignation of SEC Chair Gary Gensler and the anticipated appointment of a more crypto-friendly successor, has contributed to market optimism [6]. Political developments in the U.S., including the election of Donald Trump, who has pledged to make the U.S. the “global cryptocurrency capital,” have also played a role in boosting sentiment [6].

Ripple’s ongoing efforts to secure regulatory compliance, including the acquisition of multiple licenses and partnerships with traditional financial institutions, have further enhanced its credibility [6]. The company has also expanded into the Web3 space, launching its stablecoin RLUSD and supporting decentralized applications on the XRP Ledger [6]. Despite these strides, XRP still faces challenges such as legal uncertainty regarding its status as a security and the concentration of tokens under Ripple’s control [6].

Analysts have suggested that if regulatory and legal hurdles are fully resolved, XRP could see significant upside potential. The asset’s technological advantages—such as high throughput, low fees, and fast settlement times—position it well for future adoption, though real-world usage in cross-border payments remains limited [6]. The price of XRP currently fluctuates between $3.10 and $4.20, with further gains dependent on both external regulatory developments and internal business strategies [6].

Source:

[1] title: Analyst Shares XRP Expected Price Against Bitcoin If ...

url: https://timestabloid.com/analyst-shares-xrp-expected-price-against-bitcoin-if-price-was-not-suppressed/

[2] title: XRP Price Suppressed By 'Layered' Manipulation, Pundit ...

url: https://www.newsbtc.com/xrp-news/xrp-price-suppressed-by-layered-manipulation-pundit/

[6] title: The old public chain XRP is reborn, how far can it go in ...

url: https://www.panewslab.com/en/articles/p7l10oav

[7] title: Why Some Analysts Say XRP Could Outpace Bitcoin This Cycle

url: https://cryptodnes.bg/en/tag/bitcoin/page/16/