A forecast says XRP’s long-term market capitalisation could reach $400 billion to $500 billion.

On May 4 local time, blockchain outlet The Crypto Basic reported that market analyst Chifrat argued XRP’s long-term potential could target a market capitalisation of $400 billion to $500 billion.

XRP is currently far below that range. XRP was priced at $1.41 and its market capitalisation was tallied at $87.1 billion. It ranks fourth among cryptocurrencies by market value. XRP rose to $3.66 in July 2025, posting a market capitalisation of $216.7 billion, but its current value is about 60 percent below that peak.

Chifrat said XRP could do more than regain its previous peak and, over the long term, reach a valuation more than double that level. In a post on social media platform X, formerly Twitter, he said XRP’s long-term potential targets a $400 billion to $500 billion market capitalisation.

He cited a cup-and-handle pattern on a two-week chart as the basis for the outlook. On the chart, the cup phase began forming at XRP’s peak in January 2018. At the time, XRP was $3.35 and its market capitalisation was about $128.5 billion, based on TradingView CryptoCap. The price later fell to $0.105 in March 2020 and market capitalisation shrank to $5 billion. A rebound followed and rose to the July 2025 peak to complete the cup phase, with the handle phase now under way, the interpretation says.

Chifrat said a breakout above the top of the bullish pattern could appear once the handle phase ends over the long term. He projected XRP could rise to unprecedented price levels after a correction from current levels.

The price calculation was presented based on the current circulating supply. XRP’s circulating supply stands at 61.79 billion tokens, about 61.8 percent of the maximum issuance of 100 billion. Assuming that supply does not change, a $400 billion market capitalisation implies a price of $6.47 per XRP. Applying a $500 billion market capitalisation lifts the price to $8.09. Both levels would exceed the previous record high.

A projected timeline for reaching the long-term levels was also mentioned. Forecast platform ChainChilli put the time for XRP to reach $6.47 at December 2034. It cited September 2040 for $8.09.

The outlook is a scenario based on a technical pattern and the current circulating supply. The next points to watch, the report said, are whether XRP can recover its past market-capitalisation peak and whether an inflow of funds exceeding $400 billion is feasible over the long term.

$XRP's long-term potential can hit $400B-$500B in market cap. Remember XRP has already seen $200B in Mcap around its ATH's pic.twitter.com/m5IXyFdkB8