Foreign media reports that XRP has followed the overall crypto market downturn in recent months, with its market capitalization falling to approximately $72 billion. Based on current circulating supply, the token would need to return to a market capitalization of around $200 billion for its price to reach that level again. The article also points out that short-term price movements remain influenced by interest rates, inflation, and geopolitical tensions.
Based on current circulation volume
The article cites Coinbase data stating that the current circulating supply of XRP is approximately 62 billion. Based on this figure, if the market capitalization reaches $200 billion, the price per coin would need to rise to approximately $3.22.
XRP reached an all-time high of $3.65 in July 2025. At that time, market sentiment surged rapidly amid expectations that the lawsuit between the U.S. Securities and Exchange Commission and Ripple was nearing its end. After the lawsuit officially concluded in 2025, XRP's market capitalization briefly rose to $226 billion.
However, the article notes that XRP's circulating supply changes over time. If the circulating supply continues to increase, even if the price hasn't returned to its previous high, the market capitalization could surpass $200 billion again first.
The short-term trend remains near the support level.
Based on price performance, the article suggests that XRP currently has support in the $1.15 to $1.18 range. The token rebounded to $1.29 on June 16, but the upward momentum failed to continue, and it subsequently fell back to the vicinity of the aforementioned range.
The article links this pullback to the Federal Reserve's latest interest rate decision. Risk assets came under pressure after the Fed announced it would maintain interest rates. Meanwhile, the US inflation rate rose to 4.2% in May 2026, higher than market expectations, which also weakened market bets on easing policies.
Inflation and oil prices will be key factors to watch in the future.
The article argues that the recent rise in crude oil prices is related to the increased energy costs driven by the conflict between the US and Iran, which is also one of the factors contributing to rising inflation. With the two sides reaching an agreement and signing a peace treaty, oil prices have since fallen.
If oil prices continue to cool and lead to a decline in US inflation, market expectations for interest rate cuts may resurface. Based on this, the article concludes that if macroeconomic pressures ease, XRP prices could rebound again.
Additional information:This article is essentially a market opinion, with its core conclusions based on current circulating supply calculations and macroeconomic scenario projections. It does not provide a clear timeline for XRP to return to a market capitalization of $200 billion.
