As a seasoned researcher with over two decades of experience in the financial markets, I have seen many predictions come and go. However, the scenario presented here – Ripple controlling 20% of the global stock market – seems more like a thrilling science fiction plot than a realistic forecast.
If Ripple were to control a fifth of the entire world’s stock market (a highly improbable scenario due to the sheer size of the markets), it could potentially push the price of XRP to a range between $223.70 and $439.51. Despite the slim likelihood, let’s delve into this intriguing hypothetical situation.
XRP Price If Ripple Captures 20% of the Global Stock Market
For Ripple, the payment service provider, as well as XRP, its native digital asset, to significantly dominate the global stock market, various key advancements must take place in both entities.
- Ripple needs to establish partnerships, attain complete regulatory clarity, and improve its products to attract customers with real-life use cases.
- Additionally, the payments company needs to educate and onboard institutions with partnerships and technological advancements to see any meaningful move towards capturing global stock market share.
- After the above two are achieved without any bargains, it could open the path for a future where both the company and the token are deeply integrated into traditional finance, commerce, and central banks.
If the predicted results materialize, it significantly boosts Ripple’s chances of controlling a substantial portion (20%) of the global stock market. Consequentially, XRP‘s market value would skyrocket to an impressive $22.37 trillion, positioning it among the world’s largest financial entities. Furthermore, Ripple’s price would rank among the top three globally, based on market capitalization.
This size is so large that it eclipses the scale of significant finance corporations, considering their present market value.
- JPMorgan Chase: ~$590 billion
- Visa: ~$573 billion
- Mastercard: ~$459 billion
- Goldman Sachs: ~$153 billion
XRP Price Could Hit $400
Let’s consider three hypotheses for predicting the potential trading range of XRP if Ripple were to control 20% of the worldwide stock market:
As a crypto investor, I’m considering the fact that the current market value of XRP is determined by its circulating supply of approximately 56.4 billion tokens. In this hypothetical scenario, this would elevate Ripple’s market capitalization to an staggering $22.37 trillion, resulting in a price per XRP token of around $396.88.
The value of one XRP is estimated to be around $223.70 if Ripple’s total supply were fully diluted and reached 100 billion, which would result in a market capitalization of approximately $22.37 trillion for the company.
The value of XRP is determined by considering only a portion of its total supply, which amounts to 75 billion units. If Ripple’s market capitalization remains constant in this scenario, the price of each XRP unit would be approximately $297.29 due to the fluctuation in the circulating supply.
From the above assumptions, XRP price could range between $396.88 and $297.29.
Will Ripple Capture Portion of Global Stock Market?
Among the three points mentioned earlier, Ripple’s legal situation with SEC vs. Ripple has gained clarity, effectively removing XRP from the focus of regulatory scrutiny. Furthermore, the firm boasts a range of products such as xCurrent, xRapid, xVia, and more, which have attracted significant global clientele. Moreover, Ripple has formed strategic partnerships with banks in Southeast Asia and the Mena regions.
Beyond the points I’ve already outlined, choosing XRP for applications such as Central Bank Digital Currencies (CBDCs) could significantly enhance the token’s practical value. Such advancements might very well steer Ripple towards realizing its aspiration in this regard.
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2024-09-17 13:34