Imagine XRP hitting double-digit prices! That could actually happen if XRP were to grow to the size of JPMorgan Chase, currently the world’s biggest bank by market value.

It’s been quite a journey for XRP in terms of market capitalization. Just a decade ago, this digital asset had a market cap of around $330 million, according to CoinMarketCap data. Fast forward to today, and XRP now boasts a valuation of $127 billion, making it the fourth-largest cryptocurrency by market cap.

The Ups and Downs of XRP’s Market Cap

Think about that growth – from $330 million back in March 2015 to $127 billion now! That’s a staggering 38,384% jump in XRP’s market cap over ten years. This impressive climb has been largely driven by price surges, with a smaller contribution from the token’s inflation rate.

Despite this incredible growth, many XRP enthusiasts feel it’s still undervalued. A key reason often cited is the ongoing SEC vs. Ripple legal battle, which has dragged on for more than four years. Many believe this case has been holding back XRP’s price and, consequently, its market cap expansion. However, recently, there’s been increasing buzz about a potential settlement.

This hope for a resolution has sparked a lot of positive sentiment, and analysts are once again making some bold price predictions. For example, prominent voices in the community, like Amelia, have shared exciting price targets for XRP based on it matching JPMorgan’s massive cross-border transaction volume.

WOW! 💥

JP MORGAN MOVES 10 TRILLION EVERY DAY & IS CONNECTED TO RIPPLE’s ODL! 🤝🏼

ALONE JP MORGAN CROSS-BORDER PAYMENTS COULD DRIVE #XRP TO $1,000! 💸 pic.twitter.com/hB03W8BFTJ

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) November 2, 2024

What Price Could XRP Reach Matching JPMorgan’s Market Cap?

Now, let’s dive into what XRP’s price could look like if it actually achieved JPMorgan’s market cap. Here at The Crypto Basic, we’ve taken a closer look at this scenario. To give you some perspective, JPMorgan’s market cap currently sits at a hefty $677 billion, making it the world’s most valuable bank.

For comparison, XRP’s peak market cap was around $180 billion. That high point was reached back in late January 2025 when XRP hit a price of $3.4. Since then, XRP has seen a price correction from that $3.4 peak, and its market cap has naturally decreased. With the price now dipping below $3, XRP’s current valuation is around $127 billion.

So, what would happen if XRP’s market cap jumped to match JPMorgan’s $677 billion? The impact on price would be significant! Currently, there are 58.04 billion XRP tokens in circulation. If the market cap hit $677 billion, the price of a single XRP token would potentially skyrocket to $11.6. That would be a brand new all-time high for XRP.

Interestingly, several market experts have already predicted an XRP price target around $11. Back in January, analyst Ali Martinez even suggested XRP could rally to the $11 level. To put things in context, XRP is currently trading around $2.35. To reach $11.6, XRP would need to increase by approximately 429% from its current price.