XRP Could Surpass Bitcoin by Market Cap with $10 Trillion Ledger Growth

A theory has emerged suggesting that XRP could surpass Bitcoin in market capitalization. This idea is based on the assumption that significant amounts of capital will move to the XRP Ledger, potentially reaching a value of $10 trillion.

Cunningham's thought experiment argues that not all of this capital would necessarily flow into XRP itself. Instead, it would be used for liquidity, bridging, collateral, or investment purposes.

He points to an example where $66 million in net inflows into XRP resulted in a $45 billion jump in its total market cap. However, he notes that this is not a permanent multiplier and that small changes in buying or selling can significantly impact the token's price.

For XRP to surpass Bitcoin by market capitalization, it would need to grow approximately 17 times over, assuming Bitcoin's price remains flat. Ripple reports that the XRPL has already moved more than $1 trillion in value and is being built out for various institutional finance uses.