XRP's Price Ceiling: Can It Break Through $3.84?

XRP has been trading for over 14 years and has never reached a price higher than $3.84, which was achieved in January 2018.

The cryptocurrency's price has had explosive breakout performances in the past, with XRP soaring by 275% in 2021 and 238% in 2024.

However, despite these gains, XRP's price remains capped at $3.84, raising questions about whether it can break through this ceiling.

The problem lies in XRP's capped supply of 100 billion coins, which makes any calculation of future market cap fraught with peril.

If XRP were to reach $10, its implied market cap would be $1 trillion, surpassing Bitcoin and making it the second-most valuable cryptocurrency in the world.