The global cryptocurrency market has undergone substantial fluctuations in recent weeks, resulting in significant changes in valuations across major digital assets. Earlier in October, total market capitalization reached a record level of approximately $4.27 trillion. That momentum proved short-lived, as prices retreated sharply following widespread selling pressure days later. Since then, the global market has struggled to regain its earlier strength. After briefly recovering to around $3.9 trillion in mid-November, the market faced renewed resistance and reversed course once again. At present, the global crypto market stands at $3.22 trillion, reflecting a loss of more than $1 trillion from the early October peak. These developments have affected nearly all large-cap assets, including XRP. XRP’s Position Amid the Downturn XRP, currently ranked among the largest non-stablecoin cryptocurrencies, has also experienced a substantial decline during this period. Over the past month, its market value has dropped by roughly $40 billion, leaving XRP with a market capitalization of around $137 billion. This decline has occurred alongside a broader downturn affecting the entire sector. Despite the reduction in value, XRP’s share of the total market has not decreased at the same pace. On October 6, the asset held approximately 4.28% of the market. As of now, its share stands at about 4.25%, representing only a slight change. This indicates that most major cryptocurrencies have been impacted in a similar manner, preserving their relative positions. Even with this stability in relative terms, XRP’s dominance remains below its yearly peak of 5.53%, recorded earlier in July. This suggests that the asset has experienced a gradual decline in comparative influence over the past several months, even before the most recent downturn. Evaluating a 15% Market Share Scenario Several analysts maintain that XRP could eventually regain some of its lost share, with a few expressing confidence that it could even surpass Ethereum’s current level of market dominance, which is near 11.9%. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Based on this sentiment, a hypothetical scenario was examined to determine the potential valuation of XRP if the asset reached 15% dominance within the current market environment. Historically, XRP has reached far higher dominance levels. In early 2017, the asset accounted for more than 31% of the total market, though this figure corresponded to a much smaller global market size at that time. If XRP were to secure 15% of today’s $3.22 trillion market, its capitalization would rise to roughly $483 billion. With an estimated circulating supply of 60 billion units, this valuation would imply a price near $8 per token . Compared to the current price of approximately $2.27, this would reflect an increase of more than 250%. Analyst Expectations and Outlook Predictions of a potential rise to the $8 range are not new within the XRP community. Some market analysts, including Dark Defender, have proposed that the asset could reach this level based on technical wave patterns. Others, such as Cobb, expressed confidence earlier in the year that XRP has the potential to approach or reach $8 under favorable market conditions. While such projections remain speculative, the analysis illustrates how a relative gain in market dominance, even without an expansion of the global crypto market, could significantly affect XRP’s valuation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Price Projection if It Captures 15% of Total Crypto Market Cap appeared first on Times Tabloid .
