The idea of the XRP price reaching $100 is usually dismissed almost instantly based on arguments of market capitalization and circulating supply. On paper, that math suggests a $100 value would imply a market cap valuation of at least $6 trillion, which is a figure many see as unrealistic when compared to today’s crypto market.
Nonetheless, a few XRP enthusiasts are of the notion that such a framework does not apply to XRP. A crypto pundit on X, known as 24HRSCRYPTO, noted that treating XRP like a static store-of-value asset misses the entire point of what the cryptocurrency is designed to do.
The Pundit’s Argument: XRP Moves Value, It Doesn’t Store It
According to 24HRSCRYPTO, market cap math is misleading when it is used to judge an asset like XRP, which is designed for high-velocity settlement. 24HRSCRYPTO is an XRPL validator and fervent XRP supporter that’s always calling for ultra-bullish price targets for the cryptocurrency.
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In his words, market capitalization assumes an asset stores value, whereas a global liquidity asset moves value. XRP, from this perspective, is not meant to warehouse trillions of dollars but to facilitate the rapid movement of capital across systems, borders, and currencies.
Based on this logic, if XRP is used to free trapped capital and settle transactions at scale, the same units of liquidity can be reused repeatedly within a short period of time with huge demand. Price, then, reflects the demand plus the level of trust placed in the system and the volume of economic weight it is clearing, not how much money is sitting still.
Under that framework, static market cap comparisons are a poor proxy for what XRP could be valued at in a fully deployed global settlement role. With this in mind, 24HRSCRYPTO noted that XRP at $100 isn’t delusional; it’s reality.
Why Market Cap Math Dominates The $100 Debate
The skepticism around a $100 XRP price comes from straightforward math. At the time of writing, XRP is trading at $1.92 and is about 5,100% away from reaching $100. XRP currently has a circulating supply of 60.85 billion tokens, and multiplying that supply by $100 produces a $6 trillion market cap, which is larger than the current market cap of the entire crypto market.
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Market cap is treated as a hard ceiling based on this angle. The assumption is that for XRP to trade at $100, trillions of dollars would need to sit idle inside its market cap at the same time. That logic works reasonably well in theory for XRP. However, 24HRSCRYPTO is of the notion that the logic is for crypto assets like Bitcoin, whose primary function is holding value, and the assumption breaks down when applied to a liquidity-focused network asset.
However, this claim does not, in fact, guarantee that XRP can trade at $100 without the cumulative market cap of circulating tokens reflecting such an amount.
Featured image from iStock, chart from Tradingview.com