- XRP’s current market cap is $136.34B and experts estimate it could grow to $1.5 trillion.
- W-formations and Fibonacci levels play a role in assisting both non-logarithmic and logarithmic growth models.
- Under these assumptions, the market cap is the only factor likely to change as XRP’s supply is fixed at 58.68B.
XRP’s market activity remains in the spotlight as analysts revisit historical chart patterns and Fibonacci extensions to estimate its future price potential. While some market participants remain skeptical about using market capitalization as a primary forecasting tool, current projections still draw heavily from past price behavior.
At present, XRP is trading at $2.32 a 0.74% decline with a circulating supply of approximately 58.68 billion tokens. This places its market capitalization around $136.34 billion. Over the past 24 hours, trading volume has reached $2.2 billion, although the asset has experienced a modest price decline of 0.59% within the same period.
Recalling the W-Formation and Fibonacci-Based Growth Targets
According to Egragcrypto, the previous market cycle established a W-formation, which was used to calculate projected market cap levels. This pattern has offered two outcomes. The first follows a non-logarithmic move, placing XRP’s potential market cap near $270 billion. The second applies a logarithmic growth scale, predicting an extended peak near $1.5 trillion. These projections both intersect with Fibonacci retracement levels — notably Fib 1.618 — a commonly used level in market analysis.
The earlier price expansion from Fib 1.0 to Fib 1.618 delivered a 242% rise, forming the base for further estimation. By applying similar percentage growth, researchers have outlined additional price targets beyond the previously measured zone. This method also considers ranges above $450 billion and $978 billion, indicating a tiered structure for possible future capital inflow into XRP.
XRP Price Paths Based on Market Cap Growth
When XRP’s circulating supply is measured against various projected market capitalizations, several potential price ranges come into focus. At the lower end of the non-logarithmic projection, a market cap of $270 billion emerges as a conservative benchmark.
A more aggressive estimate—based on a 242% increase from the current $136.34 billion market cap—places XRP’s valuation near $450 billion. If that same growth rate is applied to higher levels, the projection climbs to approximately $978 billion.
The most optimistic scenario suggests a market cap of $1.5 trillion. By holding the supply figure constant, the estimates focus purely on the impact of market cap growth, allowing for clearer, supply-neutral price projections. Despite this, trading activity remains steady, as reflected in the $2.2 billion daily volume. These observations, while tied to specific chart structures, strictly emphasize numeric progression without introducing speculative sentiment.