One Analyst Just Made The Most Bullish XRP Call Yet — $20 And Bigger Than BTC, ETH Together

XRP is currently fighting to hold $1. One analyst thinks it could eventually be worth more than Bitcoin (BTC) and Ethereum (ETH) put together. The gap between those two realities is large — but Dominic Basulto of The Motley Fool argues there is a credible path to get there, and it runs through a set of trends already taking shape in the market.

Why The Crypto Crash Could Be Good News For XRP

Bitcoin and Ethereum currently carry a combined market cap of $1.4 trillion — more than half of the entire crypto market. XRP’s market cap sits at $66 billion. For the altcoin to surpass that $1.4 trillion combined figure, it would need to reach $20, which would represent a roughly 1,700% increase from where it trades today.

Basulto’s argument starts with the current market downturn. He contends that the shakeout now playing out across crypto could actually clear the ground for new assets to emerge as market leaders.

The foundation of his thesis is Ripple, the fintech company behind XRP. Over the past few years, Ripple has spent more than $3 billion on crypto and blockchain acquisitions, all directed toward one goal — making XRP the central piece of a global, end-to-end blockchain-powered payment network. 

Basulto argues that spending is beginning to translate into results, with institutional adoption of the XRP blockchain appearing to be on an upward trajectory as new use cases for the token continue to emerge.

One of those use cases is real-world asset (RWA) tokenization — the process of representing traditional financial assets like bonds, real estate, or commodities as digital tokens on a blockchain. 

That market is already projected to reach multiple trillions of dollars in value over the coming years, and XRP is increasingly positioned to play a role in how those assets move and settle across the network, the analyst said.

Here Is Why $20 Makes Sense 

Basulto was careful to distance his analysis from the more extreme price predictions for XRP. Targets of $100 and even $500 have been floated in various corners of the market, often built on assumptions like XRP eventually replacing the SWIFT network.

The analyst dismissed those scenarios, noting that such an outcome is simply not going to happen and that even Ripple’s own executives understand that. His more grounded scenario sees XRP pushing past $10 within the next few years, consolidating at that level, and then making a second move toward $20.

The $20 target, in his own words, is not a short-term call — it is a decade-long thesis built on asset tokenization gaining real traction and XRP becoming the backbone infrastructure of a new blockchain-based global payment system. 

Lastly, the analyst acknowledged that the conditions required to meet that target are significant. “Many puzzle pieces must fall in the right spots to reach that goal,” he wrote, “but it’s entirely possible.”

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