I genuinely don’t understand how some people believe XRP could reach $500. I’m not sure what assumptions or perspective they're using in their analysis.
Let’s break it down with some basic math. XRP’s current market cap is approximately $129.14 billion, with a circulating supply of 58.5 billion tokens. That gives us the current price.
Now, let’s imagine the market cap doubles—which is already quite optimistic—and reaches $260 billion, with the full token supply unlocked. Even then, the price would only be around $2.60.
If we keep the supply fixed at 58.5 billion and still assume a $260 billion market cap, the price climbs to just $4.44.
Now, let’s indulge the $500 price crowd by first considering a $10 target. For XRP to reach $10 with the full supply in circulation, the market cap would need to hit $1 trillion. Keeping the supply unchanged at 58.5 billion under the same $1 trillion market cap would result in a price of $17.09.
So where exactly is the $500 prediction coming from? Just the vague notion of “adoption”?
Let’s be realistic—a $1 trillion market cap for XRP alone, when the entire crypto market is around $3 trillion, isn’t just unlikely—it’s flat-out delusional.