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TimesTabloid 2025-06-06 20:00:38

Here’s XRP Likely Price If Its Market Dominance Surges to 40%

XRP’s price trajectory could see significant upward movement if its market dominance rises to 40%, surpassing its historical peak of 31.33%. Currently far from this level, a rise of such magnitude would require XRP to capture a sizable share from both Bitcoin and Ethereum. Historical Context of XRP Dominance XRP’s dominance in the cryptocurrency market has fluctuated notably since it first gained significant traction. After the launch of the XRP Ledger, XRP began rising in market prominence, and by October 2014, it had surpassed Litecoin to become the second-largest crypto asset by market cap. Over the following months, its market share climbed steadily, reaching 20.69% in January 2015. However, this dominance began to wane by early 2016 as Ethereum emerged as a strong competitor. XRP’s share of the market eventually dropped to 0.95% by March 2017. This was partly due to XRP underperforming during the early stages of the 2017 bull market. XRP rebounded later that year, and its market dominance peaked at 31.33% when its price hit $3.80. Since then, XRP’s dominance has experienced a prolonged decline, bottoming out at around 1.21% in November 2024. Recent Performance and Current Status Following a slight recovery in price, particularly after the U.S. elections in late 2024, XRP saw a renewed increase in market share. By January 2025, its dominance reached a four-year high of 5.58%. As of now, XRP holds a market share of approximately 3.97%, with a market capitalization of $128.51 billion. Despite this relatively low dominance figure, some analysts remain optimistic. They propose a scenario where XRP could reach an unprecedented 40% dominance, well above its previous high. To achieve this, XRP would need to overtake significant portions of the current market share held by Bitcoin (64.15%) and Ethereum (9.71%). We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Projected Price at 40% Market Dominance If XRP were to achieve 40% dominance in the current $3.24 trillion crypto market, its total market cap would rise to roughly $1.296 trillion. With a circulating supply of around 58.75 billion tokens, this would imply a price point of approximately $22.06 per XRP. Market observers, including figures such as Oscar Ramos, have floated similar projections, suggesting that a $22 price is attainable if XRP reaches a $1 trillion valuation. However, they also acknowledge that achieving 40% market dominance in the current market structure would be a considerable challenge. Notably, XRP might not need to reach 40% dominance to attain a $22 valuation. If its current 3.97% share of the market remains constant while the broader crypto market expands significantly, say to $32.65 trillion, XRP could still reach the $1.296 trillion mark needed for the $22 price target. A July 2023 report from Forbes projected that crypto-focused ETFs could introduce as much as $30 trillion in new capital into the space, providing a potential pathway for such market expansion. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Here’s XRP Likely Price If Its Market Dominance Surges to 40% appeared first on Times Tabloid .

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