Garlinghouse's $10 Trillion XRP Scenario Sparks Market Attention

XRP's price has garnered attention after social media posts attributed a potential $10 trillion valuation scenario to Ripple CEO Brad Garlinghouse, implying an XRP price of roughly $179.50.

The figure is based on circulating-supply calculations and represents a substantial increase from current XRP valuations, requiring the asset to achieve a market capitalization in the multi-trillion-dollar range.

Garlinghouse has repeatedly highlighted cross-border payments as an area where blockchain technology can improve traditional financial infrastructure. He argues that digital assets can move value more quickly than traditional methods and has used the example of a Dutch central bank's gold transfer to illustrate this point.

A Bank for International Settlements (BIS) working paper published on September 2 describes a proof of concept using XRPL technology, demonstrating technical capabilities but not adoption at scale. XRP's price outlook faces a test as analyst ChartNerd has highlighted the token's position relative to a long-term Gaussian Channel.