As the global cryptocurrency market expands to an unprecedented $3.28 trillion, analysts predict that XRP might be poised for a significant rally—if it can recover even a fraction of its historical market dominance.
A Decade of Explosive Market Growth
The cryptocurrency market has undergone remarkable transformation over the past decade, growing from a modest $4.28 billion in 2014 to its current valuation. This represents an astonishing 76,528% increase, with most major digital assets appreciating alongside the broader market.
However, XRP has underperformed relative to its peers. Regulatory challenges, including a protracted legal dispute with the U.S. Securities and Exchange Commission (SEC), resulted in widespread delistings and a reduced investor base—particularly in the U.S. market.
XRP’s Lost Dominance
In May 2017, XRP reached its zenith with a market capitalization of $15.28 billion**, commanding **31.33%** of the total crypto market share (then valued at **$48.78 billion). During the same period, Bitcoin held 59.45% dominance with a $29 billion market cap.
Since then, Bitcoin has sustained its upward trajectory, now boasting a $2.132 trillion** market cap—a **7,251% surge**. Meanwhile, **XRP’s** growth has been more subdued, with its market cap at **$128.8 billion (a 743% increase since 2017). Its dominance has dwindled to just 3.96%.
What If XRP Reclaims Its Past Glory?
Currently priced at $2.18, XRP is widely considered undervalued. Analysts speculate: What if XRP regained even partial dominance?
- Half of Peak Dominance (15.665%):
Market cap would rise to $513.8 billion** in today’s **$3.28 trillion market.
With 59 billion tokens in circulation, XRP’s price would hit $8.70. - Full Dominance (31.33%):
Market cap could exceed $1 trillion**, pushing the price to **$17.40 per token.
Prominent voices like CryptosRus founder George Tung project a year-end target of $8–$10, while some community members argue this may still underestimate XRP’s potential.
👉 Discover how XRP’s rebound could reshape the crypto landscape
FAQs
What factors could drive XRP’s resurgence?
Regulatory clarity, institutional adoption, and renewed investor confidence could catalyze a rebound in XRP’s market dominance.
How does XRP’s current price compare to its all-time high?
XRP’s all-time high was $3.40** in January 2018. At **$2.18, it remains 36% below that peak.
Why has XRP’s market dominance declined?
Legal battles with the SEC and subsequent delistings eroded its market share, while competitors like Bitcoin and Ethereum grew exponentially.