Ripple’s Market Cap: What Would an 8% Reach Mean for XRP?

A recent analysis suggests that if Ripple’s market cap reached just 8% of the U.S. M2 money supply, XRP could experience a significant price surge. This prediction arises from the analysis posted by Crypto Basic on X (formerly Twitter), which highlights Ripple’s resilience and potential for growth based on this economic factor. The analysis reveals that despite facing market pressure, XRP has consistently remained above the $2 mark for the past five months. 8% is a significant target, as it would equate to approximately $1.75 trillion in market cap if achieved – bringing XRP’s price potentially closer to $32, assuming a circulating supply of 55 billion tokens remains unchanged. However, this projection is dependent on various factors like investor sentiment, regulatory clarity, and the adoption of Ripple’s technology. It’s worth noting that while this analysis offers exciting possibilities for growth, XRP prices are not guaranteed to rise linearly. The rise in the U.S. M2 money supply – which has increased by over $1 trillion since December 2023 – is generally considered a positive signal for crypto markets seeking new opportunities for investment. The larger economic picture and Ripple’s continued development efforts play crucial roles in determining XRP’s trajectory.