Here’s XRP Price if Bitcoin Hits $1M and XRP Maintains Its Market Share

A market where Bitcoin is priced over $1 million could significantly benefit XRP.

Industry experts are increasingly in agreement that Bitcoin will eventually reach the $1 million mark. Sentiment has improved this year as Bitcoin broke into six-figure territory, ushering in unprecedented institutional FOMO (fear of missing out). Company after company has announced Bitcoin strategies, adding the asset to their balance sheets.

Reports even suggest that over 200 companies have adopted BTC as part of their treasury reserves, following the lead of MicroStrategy. The U.S. government is also planning to create a BTC reserve to hold 1 million BTC.

Amid this new environment, calls for Bitcoin reaching $1 million have grown stronger than ever. Among the prominent voices supporting this outlook are Michael Saylor, CZ of Binance, Jack Dorsey, Samson Mow, Cardano’s Charles Hoskinson, and even Eric Trump, son of U.S. President Donald Trump.

XRP Price if Bitcoin Hits $1 Million

This promising outlook raises questions about the potential valuation of altcoins like XRP if Bitcoin were to actually reach $1 million.

Currently, Bitcoin commands a 65.71% dominance in the $3.28 trillion crypto market. If Bitcoin hits $1 million and maintains this dominance, the total crypto market cap would be approximately $30.26 trillion.

XRP currently holds about 3.93% of the global crypto market. If it retains this market share in a $30.26 trillion environment, XRP’s price would be around $20.15. This would give XRP a market cap of approximately $1.19 trillion, a record high for the asset.

This scenario would represent an 830% increase (or roughly a 9x gain) from XRP’s current price of $2.18.

Can XRP Hit an Even Higher Price Before Bitcoin Reaches $1M?

While such growth would be a significant turnaround for XRP, many believe it could achieve this 830% surge even before Bitcoin hits $1 million.

For example, longtime Bitcoin advocate Davinci Jeremie has stated that XRP could reach $24 by the end of 2025.

However, many analysts see the $1 million Bitcoin target as something much farther in the future, with projections often pointing to 2030.

This suggests that XRP’s market share could increase beyond its current ~4% before Bitcoin reaches the $1 million milestone. In other words, XRP could be worth significantly more than $20 by that time.

For instance, Telegaon analysts predict that XRP could trade at $87 by 2035, the same year they expect Bitcoin to hit $1.2 million.

Indeed, XRP has historically shown more dramatic surges than Bitcoin. For example, over the past year, Bitcoin has risen by 75%, while XRP has gained 350%. This indicates XRP has grown nearly five times faster than Bitcoin, and could shape future outcomes.