The XRP Avengers shared their views on the possibility of XRP reaching $10,000, based on the cryptocurrency's unique characteristics and its growing use.
Speed, Reuse, and On-Demand Liquidity
The XRP Ledger settles transactions in about three to five seconds, allowing for the same tokens to be reused multiple times a day. Ripple's On-Demand Liquidity (ODL) product positions XRP as a bridge asset, providing instant liquidity and eliminating the need for costly pre-funding of nostro accounts. This high-velocity design is the foundation of the argument that the same XRP can facilitate enormous daily payment flows without requiring an equally large pool of idle capital.
Supply and Scale
XRP’s maximum supply is capped at 100 billion tokens, with a significant portion held in Ripple escrow. Current circulating supply is about 59.6 billion XRP. At a hypothetical $10,000 price per coin, the market capitalization would reach approximately $596 trillion, a figure that raises skepticism among critics. Traditional market capitalization is calculated as price multiplied by circulating supply.
Reasons for Challenging Market Cap
Advocates argue that market cap is less relevant when a digital asset serves as a settlement medium rather than a static store of value. If one unit of XRP can settle transactions 50 times a day, a global payment volume of $1 trillion could theoretically be supported by just $20 billion in circulating liquidity. This math illustrates how rapid turnover may reduce the amount of XRP needed to process vast flows, allowing a higher per-coin price without requiring an impossibly large capital base.
XRP Avengers present a compelling utility-driven narrative: if a tokenized global economy worth quadrillions emerges and XRP becomes the preferred bridge asset, its high transaction velocity could justify a far higher price than traditional market cap math suggests. However, the leap to $10,000 per coin hinges on extraordinary global adoption and market evolution that have not yet occurred.
