How much would the XRP price need to grow for XRP’s market valuation to match billionaire Elon Musk’s $500 billion net worth?
According to a recent Forbes report, SpaceX Chief and X Owner Elon Musk recently became the first person alive to clinch a $500 billion net worth. The billionaire achieved this feat on Wednesday afternoon amid an impressive spike in Tesla shares, which added over $9 billion to his net worth.
Cryptocurrencies That Have Reached $500B Valuations
Interestingly, a comparison of Musk’s fortune with the crypto market provides a perspective on the scale of his wealth. Specifically, besides Bitcoin (BTC) and Ethereum (ETH), no other crypto asset has ever clinched the $500 billion mark in valuation.
For context, Bitcoin first claimed a $500 billion market cap in December 2020 during the COVID-19 rally, as macroeconomic uncertainties triggered by the pandemic resulted in a mass entrance of investors who sought a safe haven. It collapsed below the $500 billion mark on the back of the Terra collapse in May 2022 but recovered it fully in October 2023.
Meanwhile, Ethereum first clinched the $500 billion market cap during the bull run in October 2021. However, it relinquished the valuation mark almost immediately and remained below it until its fortunes turned around two months ago. Today, Ethereum holds a market cap of $546 billion.
XRP Price if It Matches Elon Musk’s Wealth at $500B
Being the third-largest crypto asset in the market, XRP is naturally the next candidate to hit the $500 billion milestone. It bears mentioning that XRP’s peak valuation is $216.69 billion, a market cap it attained when its price soared to $3.66 in July 2025.
Amid the price correction that occurred after this, XRP’s valuation slumped to a low of $160 billion in September but has since recovered to the current figure of $181.18 billion. With XRP currently featuring a circulating supply of 59.91 billion tokens, this market cap of $181.18 billion translates to a price of $3.02 per token.
However, with this same supply, we recently assessed how much the XRP price would need to grow for it to also claim the $500 billion valuation mark. Specifically, at a 59.91 billion circulating supply, XRP’s price must rise to $8.34 for the token to reach $500 billion in market cap.
This would represent a 176.2% increase from XRP’s current price. Notably, such a rally remains within the realms of possibility for XRP, considering it spiked by a massive 283% in November 2024 alone and is up over 500% since then. Interestingly, market analyst Dark Defender is already predicting a possible XRP run to $8.
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