XRP Market Outlook 2028: Will it Reach $2.15 or $0.73?

Introduction

XRP has already shed 61% from its recent peak, and the road to 2028 runs through three very different destinations.

Market Capitalization and Market Share

XRP's market value stands at about $89 billion, with around 63.1 billion coins in circulation. Analysts often rely on market valuation to test future prices. As market value rises, it usually requires new investment to fuel growth. The total cryptocurrency market is valued at roughly $2.81 trillion, and XRP represents about 3.16% of that.

Scenario 1: Moderate Recovery

In this scenario, we assume that XRP maintains its current 3.16% market share as the overall cryptocurrency market rebounds to its previous peak of $4.3 trillion by 2028. Based on this share, XRP would be valued at around $2.15 per coin, for a market capitalization of about $136 billion.

Scenario 2: All-Time High

In this case, we assume XRP can recover its all-time high of $3.65 by 2028, which would require a 159% price increase. Recent developments, such as support from new U.S. spot XRP funds holding about $1.57 billion in assets, could help drive this growth. Additionally, Evernorth—a treasury company that actively holds XRP—lists on Nasdaq on October 12, and the Commodity Futures Trading Commission (CFTC) has categorized XRP as a digital commodity.

Scenario 3: 80% Drop

If that happened again, an 80% drop from $3.65 would bring the price to around $0.73. Significant declines after a peak have been a common occurrence in the world of cryptocurrency, so this possibility merits serious consideration. However, the XRP landscape has changed since 2018, especially with the conclusion of the SEC’s lawsuit against Ripple and the existence of dedicated XRP funds. Still, XRP has already seen a substantial decline of 61% from its peak.