XRP ranks 85th among the top 100 assets and companies, what will happen if it reaches $20?

XRP, currently ranked as the 85th largest asset among global companies and commodities, continues to attract significant attention from market participants and cryptocurrency analysts. A recent tweet from EGRAG Crypto highlights the position of XRP in the rankings and predicts that its potential will increase further, provided that its price reaches new milestones. Currently, XRP’s market cap stands at around $180.48 billion, at a price of $3.13. It is lower than large corporations such as Berkshire Hathaway ($1.009 trillion), Taiwan Semiconductor Manufacturing Company (TSMC) ($1.096 trillion), and Broadcom ($1.112 trillion), as illustrated in the EGRAG Crypto analogy.

The analyst hypothesizes that if XRP reaches $20, its market capitalization could skyrocket to around $1 trillion, allowing it to surpass these top entities in the global rankings.

Such development will signal an extraordinary leap in XRP’s valuation, potentially changing its position in the financial landscape. A market cap of a trillion dollars would put XRP in comparison with some of the largest companies in the global economy, signaling wider adoption and its relevance in cross-border transactions and blockchain-based solutions. Community Feedback A Twitter post has generated various reactions from the cryptocurrency community. One user, X, Sensemake, noted, “The real advantage of XRPL is that it is NOT a security and does not exist in any specific country.” If the world believes it belongs to the US, XRPL will die! The key point of XRPL is that it is a new equal playing field." This statement emphasizes an important aspect of XRP and XRP Ledger (XRPL): its decentralized nature and ability to operate as an independent global infrastructure free from political constraints. On the contrary, another user, EliteInvestors, criticized the comparison of XRP with companies, stating, ‘First of all, XRP is not a company to compare with another company. Let Ripple’s IPO launch and then compare the market capitalization.’ Don’t post stupid things." This view reflects the ongoing debate over the appropriateness of combining digital assets with traditional companies, due to their different structures and functions. The Potential Path of XRP The potential for XRP to achieve a market capitalization of $1 trillion depends on several factors, including regulatory clarity, widespread acceptance by institutions, and use cases as an intermediary currency for international payments. The recent legal clarity of XRP in the United States, following a landmark ruling, has boosted investor confidence and support, potentially paving the way for wider adoption. Furthermore, the role of XRP as part of the XRPL ecosystem positions it uniquely among cryptocurrencies. Unlike securities or assets tied to specific legal jurisdictions, XRP enables a level playing field for financial institutions and individuals, facilitating efficient and cost-effective cross-border transactions. DYOR! #Write2Earn #XRPRealityCheck $XRP {spot}(XRPUSDT)