XRP Price Forecast If Ripple Regains 15% Market Share

The future of XRP looks increasingly optimistic if historical trends in market share return. If Ripple’s XRP token manages to reclaim even half of its peak dominance in today’s expanding crypto market, its valuation could rise dramatically, according to recent projections and market insights.

The cryptocurrency industry has transformed massively over the past decade. From a modest size of $4.28 billion in total market capitalization ten years ago, the market has ballooned to an impressive $3.28 trillion as of now—an extraordinary growth of more than 76,000%. Many digital currencies have grown in tandem with this market surge, but XRP has faced limitations that hindered its full participation in the upside.

XRP’s Growth Lag: Regulatory Hurdles and Delistings

While other large-cap cryptocurrencies have captured new heights, XRP’s performance has lagged due to regulatory challenges. In previous years, major exchanges in the U.S.—a key region for crypto volume—delisted XRP following legal actions against Ripple Labs. These setbacks significantly impacted XRP’s adoption and reduced its market influence compared to other leading coins like Bitcoin and Ethereum.

To understand XRP’s past dominance, we can look back to May 17, 2017. At the height of a major bull run, XRP’s market capitalization surged to $15.28 billion. At the time, the total crypto market cap stood at $48.78 billion, meaning XRP held a market share of 31.33%—a significant slice of the pie.

By contrast, Bitcoin’s share stood at 59.45% during this same period. Fast forward to the present, Bitcoin has continued to dominate and maintain its stature with a market capitalization of $2.132 trillion—a staggering 7,251% climb since May 2017. Meanwhile, XRP lags behind with a market cap of $128.8 billion, reflecting only a 743% rise over the same time frame. In effect, while Bitcoin’s market dominance has climbed to 65.75%, XRP now holds just 3.96% of the total market share.

Estimating XRP’s Price Based on Reclaimed Market Share

Currently, XRP trades around $2.18, a valuation that many investors and analysts see as undervalued when weighing its historical presence and present capabilities. A hypothetical analysis was conducted to estimate the potential value of XRP if the token regained a fraction of its historical dominance.

Assuming XRP captures 15.665% of the total crypto market—a figure representing half of its 2017 peak—the token’s market capitalization would increase to $513.8 billion. Given the circulating supply of 59 billion XRP tokens, this translates to a projected price of $8.70 per XRP.

Interestingly, market observer George Tung, founder of CryptosRus, recently echoed a similar outlook, forecasting that XRP could plausibly reach between $8 and $10 by the end of the year. While such aspirations are considered bold, others in the XRP community urge caution. For instance, crypto commentator Xena has tempered enthusiasm, suggesting that $8, while significant, is not a definitive sign of XRP achieving its full potential.

If XRP were to regain its full peak dominance of 31.33% in the current market setting, calculations show that the market cap could soar to approximately $1.027 trillion. This valuation would drive the token price to approximately $17.40, assuming the supply remains constant.

Final Thoughts: XRP’s Untapped Potential

While these projections are speculative, they highlight the gap between XRP’s historical market position and its current valuation. Regulatory challenges have undeniably slowed its growth, but with clarity returning to the space and Ripple’s ongoing developments, a resurgence in dominance is not out of the question.

Related: Expert Advice: Sell XRP If You’re Confused

Investors and market watchers will be closely monitoring shifts in market dominance over the coming months, particularly as the broader market continues to evolve. Whether or not XRP reclaims its former market share, its trajectory in the evolving landscape remains one of the most closely followed narratives in the cryptocurrency world.