XRP Market Cap of $500 Billion Could Bring Price Down to $6.96
Analyst EGRAG CRYPTO has been exploring what could be XRP's worth if its market cap reaches $500 billion. The answer is surprising, and it involves some math.
EGRAG estimated that Ripple has been distributing around 268 million tokens per month from escrow. If this pace continues through 2029, about 9.1 billion additional XRP would enter circulation, increasing the total to 71.9 billion.
This changes the calculation for XRP's value if it were to reach a $500 billion market cap. The original estimate was around $8 per token, but with the increased supply, the price drops to $6.96 per token. However, EGRAG notes that this could range from $6.85 to $7.20 depending on how quickly escrowed XRP enters circulation.