XRP Could Surge to New All-Time High If Market Dominance Rebounds

As the global cryptocurrency market swells to a staggering $3.28 trillion, analysts suggest XRP could be on the brink of a historic rally—if it can reclaim even half of its former market dominance.

A Decade of Explosive Market Growth

The crypto market has evolved dramatically over the past decade, ballooning from just $4.28 billion in 2014 to its current size. This represents a staggering 76,528% increase, with most major digital assets appreciating in tandem with the broader market.

However, XRP has notably lagged behind its peers in terms of proportional growth. Regulatory headwinds, including a prolonged legal battle with the U.S. Securities and Exchange Commission (SEC), led to widespread delistings and a diminished investor base—particularly in the United States.

XRP’s Lost Dominance

In May 2017, XRP was at its prime, boasting a market capitalization of $15.28 billion and commanding 31.33% of the total crypto market share, which was then valued at $48.78 billion. At the same time, Bitcoin held a 59.45% dominance with a market cap of $29 billion.

Since then, Bitcoin has maintained its trajectory, now sitting at a $2.132 trillion market cap—a 7,251% increase. In contrast, XRP’s growth has been far more subdued, with its market cap now at $128.8 billion, reflecting a 743% gain since 2017. Its dominance has plummeted to just 3.96%.

What If XRP Reclaims Its Past Glory?

Currently trading at $2.18, XRP is widely seen as undervalued. Analysts have begun speculating: what if XRP recaptured just a portion of its former market dominance?

If XRP were to reclaim even half of its peak dominance—around 15.665%—its market cap would balloon to $513.8 billion in today’s $3.28 trillion market. Given its circulating supply of 59 billion tokens, this would place XRP’s price at approximately $8.70.

This projection aligns with recent commentary from CryptosRus founder George Tung, who suggested a year-end target of $8 to $10 for XRP. However, some in the community, including influential voices like Xena, argue that even this level may understate XRP’s potential.

Should XRP regain its full 31.33% dominance, its market cap would surpass $1 trillion, pushing its price to an estimated $17.40 per token.