Bitcoin

Kaspa Price at 15% of XRP’s Market Cap Might Surprise You


Kaspa and XRP both have extremely strong communities in crypto. However, one is of a market capitalization of around 2.4 billion dollars, while the other amounts to more than $ 128 billion.

What would happen with the Kaspa price if it captures 15% of the current XRP market capitalization? Discover.

To date, Kaspa is negotiated at $ 0.0,925. Its market capitalization is at 2.41 billion dollars with approximately 26.1 billion KAS tokens in circulation.

XRP, on the other hand, is negotiated at $ 2.20. Its market capitalization is much greater at 128.94 billion dollars. There are about 58.44 billion XRP in circulation.

The gap between them is enormous. XRP is worth more than 53 times more than Kaspa in the total market value. So what would happen if Kaspa went to a fraction of the size of XRP?

The 15%scenario: Potential price impact

If we take 15% of XRP market capitalization, we obtain $ 19.34 billion. To find what it would mean for the price of Kaspa, we divide this number by Food in circulation of Kaspa::

19.34 billion dollars ÷ 26.1 billion kas = $ 0.741 per kas token

It would be a massive leap in the current price of $ 0.0,925. It represents an increase of approximately 700% of value. It is a big decision, but not unknown in the crypto.

What are the chances?

Looking at all the factors, there are approximately 30 to 40% like this on the current market.

This estimate takes into account the forces and challenges of Kaspa. It is not a guarantee, but reflects reasonable dimensions based on the market conditions of cryptography in mid-201.

Kaspa has a solid technology with its Ghostdag systems and its parallel work proof. These solve the problems of Bitcoin and Litecoin speed without giving up decentralization.

The project draws attention as “new generation bitcoin”. Its recent crescendo upgrade increased 10 block performance per second. This makes his case of evolving blockchain much stronger.

Only $ 2.4 billion, market capitalization, Kaspa is still small compared to XRP. Mounting to $ 19.3 billion means an 8x – large but possible gain in cryptographic cycles.

If XRP faces more regulatory problems or fails to increase its adoption, Kaspa could fill the gap more quickly.

Read also: the worst Bitcoin nightmare? Crescendo Fork de Kaspa triggers a new cryptographic arms race

Why it might not happen

Kaspa does not have the institutional support of XRP. He still needs ads on major exchanges like Coinbase and Binance. He does not yet have an ETF speculation or large investors.

The layer 1 blockchains market is crowded. With Solana, Ethereum L2S and even be careful, Kaspa must stand out to grow.

XRP A Ripplenet, deals with institutions and strong recognition of the brand. Kaspa does not yet have a case of using the real world, many developers or financial applications increasing its value.

The ratings of 30 to 40% are reasonable given the current conditions. Kaspa could succeed if it obtains better exchanges, builds a DEFI ecosystem or connects with popular cryptography stories. But it could fight if the interest fades or if its technology does not lead to actual use.

The path to the capture of 15% of XRP market capitalization is difficult, but at hand if Kaspa continues to develop and adopt adoption in the coming years.

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