XRP Price Forecast: Can Ripple's Market Cap Balloon to $1.2T?

The price forecast originates from crypto analyst Capt Toblerone, who recently outlined his vision for a $35 trillion global crypto market by 2026.

Crypto analyst Capt Toblerone predicts that Ripple’s XRP token could hit $22 if its market capitalization reaches $1.29 trillion. In his opinion, if the global crypto market expands to a $35 trillion valuation by 2026, while Bitcoin claims a $15 trillion market cap and Ethereum reaches $8 trillion, then XRP’s market cap could reach $1.2 trillion.

At that point, a $10,000 investment in XRP today could be worth over $100,000.

At a $1.29 trillion market cap for XRP, the token could be trading at around $22.

His projection aligns with other optimistic voices in the space. Notably, Bitcoin analyst Davinci Jeremie maintains a $24 XRP target, while Elliott Wave analyst XForceGlobal believes XRP could rise to between $10 and $40 this cycle. On the more extreme end, Javon Marks predicts XRP could hit $100, equating to a nearly $6 trillion market capitalization.

These predictions stem from the rapid expansion of the Ripple ecosystem and the increasing legal clarity surrounding XRP in the United States. After winning its case against the U.S. Securities and Exchange Commission (SEC), which aimed to classify XRP as a security, Ripple is now better positioned for strategic partnerships with U.S. banks.

“We’re finally seeing institutions return to the conversation with confidence. We’re able to have open conversations with large U.S. banks about partnership opportunities.”

suggesting that RippleNet adoption could accelerate now that the SEC Ripple lawsuit has concluded.

This aligns with Ripple’s Q1 report, which highlighted an increase in institutional demand for XRP and the growing adoption of Ripple’s stablecoin, RLUSD, with a market cap exceeding $316 million and daily volumes seeing numbers north of $100 million.

Earlier this week, Amber, a Nasdaq-listed firm, announced that it would add XRP to its $100 million digital asset reserve. Amber joins other companies like Worksport, Wellgistics, and BC Bud, all of which have included XRP in their strategic stockpiles.

Moreover, the crypto community is closely watching for an XRP Exchange-Traded Fund (ETF).

suggesting a strong possibility of approval.

If greenlit, an XRP ETF could open the door to a fresh wave of institutional capital.

From a technical standpoint, XRP is showing signs of bullish momentum as it hits $2.60, its highest price since early March. The token has also managed to break out from a long-term descending wedge pattern—a classic bullish reversal signal. Analysts see this breakout as confirmation that a long-term rally is underway.

XRP also appears to have completed the final stage of the Elliott Wave cycle, entering the fifth and typically most bullish wave. According to crypto technical analyst Crispus Nyaga, this wave could propel XRP toward a psychological resistance at $5, doubling its current value.

Furthermore, XRP remains well above its 50-week Exponential Moving Average (EMA)—a sign that buyers remain firmly in control since October 2024.

However, XRP price faces a critical test at the $2.65 resistance level, which aligns with key Fibonacci retracement zones. A decisive close above this region would confirm the bullish trend reversal. But failure to break this level could signal a temporary top, prompting a correction.

Analyst Valdrin Tahiri notes the possibility of two outcomes: either a minor pullback within a larger rally or a more sustained correction if the token breaks below its current ascending channel.

“This week’s price action will be critical in determining the short-term trajectory of XRP.”

While a $22 XRP value seems far-fetched, the combination of network growth, legal updates, and technical strength positions XRP as one of the top altcoins to watch in this bull cycle. The coming weeks will be pivotal, as a breakout could pave the way for even more ambitious price targets to come into play. For now, XRP continues to trade with bullish undertones, but with critical hurdles still ahead.