Ripple’s XRP token might just become the top player of 2025. The asset hit multiple milestones over the last several months. The most significant achievement was the settlement of the SEC lawsuit. The lawsuit presented substantial challenges to XRP’s price. However, after the lawsuit was put to an end, the asset climbed to a new all-time high after nearly seven years. In this article, let’s discuss why XRP could become a trillion-dollar cryptocurrency by 2035.
Why XRP Could Become a Trillion-Dollar Project By 2035
Ripple, the company that utilizes the XRP Ledger, has made significant inroads into blockchain technology. Even when XRP was struggling to gain momentum due to the SEC lawsuit, Ripple saw consistent partnerships and adoption. Japanese banks, in particular, have been extremely bullish on Ripple’s technology. A similar trend could emerge in the US over the coming years.
ETFs have played a massive role in Bitcoin’s (BTC) incredible gains over the last year. There are several XRP ETF applications currently awaiting approval at the SEC. Given the SEC’s pro-crypto stance under the Trump administration, there is a very high chance that the financial watchdog will approve at least one XRP ETF very soon. An ETF approval may lead to a massive surge in institutional inflows. Such a development may lead to XRP’s market cap ballooning to new heights.
There are about 60 billion XRP tokens currently in circulation, and a total supply of 100 billion. For XRP’s market cap to hit $1 trillion, the price of each token has to reach around $16.6, given the supply remains at 60 billion. If the supply rises to 100 billion, the price of each token has to hit $10.
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According to Changelly’s XRP analysis, XRP’s price will trade at $115.36 in December 2034. This means that the asset may go beyond the $120 mark by 2035. XRP’s market cap will surge to way beyond the $1 trillion mark by 2035 under such circumstances.
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