Bo Hines, Director of the President’s Council of Advisers for Crypto Assets, has issued an ambitious outlook for the crypto market, with XRP benefiting from it.
In a recent interview, Hines suggested that the crypto market could reach a valuation of $15 trillion to $20 trillion in the coming years.
For context, the crypto market is currently valued at $3.87 trillion. At its all-time high last week, it reached $4 trillion, with XRP accounting for $216 billion and Bitcoin for $2.4 trillion.
How Crypto Could Reach a $20T Market Cap, According to Trump’s Adviser
Trump’s crypto adviser is projecting a massive expansion, up to 5x, for the market to reach a $20 trillion valuation. Notably, this outlook is based on the recently passed GENIUS Act, a regulatory framework for stablecoins.
According to Hines, capital inflows into the digital asset ecosystem from stablecoin adoption could be immense. He views the GENIUS Act as a foundational modification that enables broader innovations, such as tokenized public securities and round-the-clock financial markets.
He emphasized that access to U.S. capital markets will increasingly depend on dollar-backed stablecoins. As such, the trend could cement the United States’ leadership in digital finance.
Hines argued that the U.S. must take the lead in the global transition to digital asset technologies. He believes this leadership would not only fuel domestic innovation but also safeguard the U.S. economy and ensure long-term global competitiveness.
As Hines envisions the market reaching $20 trillion, many are now wondering what XRP’s price could be in such a scenario.
What Could XRP’s Price Be in a Global $20T Crypto Market?
Currently, XRP controls 5.33% of the entire crypto market, giving it a market cap of approximately $203 billion. With a supply of 59.18 billion tokens, this results in a price of about $3.43 per XRP.
If XRP maintains its 5.33% dominance and the overall crypto market grows to $20 trillion, XRP’s market cap could rise to $1.06 trillion. Given today’s circulating supply, this would translate to an XRP price of approximately $18.
Meanwhile, Bitcoin, currently commanding a 61.83% market dominance, would hold a much higher valuation and unit price in a $20 trillion market. If that dominance remains steady, Bitcoin would become a $12 trillion asset, with its price exceeding $620,000 per coin.
Could XRP Value Be Even Higher?
This analysis assumes a hypothetical scenario in which crypto assets like XRP and Bitcoin grow proportionally with the rest of the market. However, this is rarely the case.
For instance, XRP’s dominance has increased by 19.3% over the past week, indicating it has outperformed many other crypto assets. Historically, XRP’s market share has shown consistent growth, according to data from TradingView.
This suggests that XRP could reach a higher market share and price point than $18 in a global crypto market valued at $20 trillion, especially if Bitcoin trades above $600K.
While estimating XRP’s future price at such a valuation is challenging, some analysts have offered projections. For example, a report by Telegaon suggests that XRP could reach $36 when Bitcoin is trading at $620,000 by 2030.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
