- If XRPL processes Hidden Road’s full $3 trillion annual volume, Grok predicts XRP could reach $28.55 based on market velocity and bullish sentiment.
- However, the estimate hinges on optimistic assumptions, including full adoption and favorable market conditions.
Ripple’s latest $1.5 billion acquisition of Hidden Road, a prime brokerage firm managing $3 trillion in annual transaction volume, has sparked renewed optimism in the XRP community. While Ripple has long targeted institutional adoption, this move is seen as a bold step toward embedding the XRP Ledger (XRPL) deeper into traditional finance.
The excitement isn’t just speculative. Ripple CTO David Schwartz recently acknowledged the potential for XRPL to process a portion of Hidden Road’s transaction flow. Naturally, this raises the question—what would XRP be worth if XRPL handled all $3 trillion?
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To explore this scenario, xAI’s Grok chatbot ran a detailed analysis based on the quantity theory of money. The model assumed XRP acts as the bridge asset for all transactions, with a circulating supply of 58.33 billion tokens. After factoring in that 10% could be locked up by institutions, the effective supply drops to about 52.5 billion XRP.
Using a transaction velocity of 10—indicating each XRP token is used ten times a year—Grok calculated that supporting $3 trillion in volume would require a $300 billion market cap. That equates to a base price of $5.71 per XRP.
However, things get more exciting. Grok included a sentiment-driven multiplier, accounting for bullish factors like regulatory clarity and institutional demand. Applying a 5x multiplier pushes XRP’s price to a staggering $28.55—a jaw-dropping 1,299% surge from today’s levels.
Still, Grok’s forecast includes crucial caveats. The assumption that XRPL will handle 100% of Hidden Road’s volume is highly optimistic. Even partial adoption or shifts in transaction velocity could drastically alter the outcome. For instance, a velocity of 20 would slash the price projection in half, while a lower rate would double it.
While speculative, Grok’s analysis underscores XRP’s potential if Ripple succeeds in integrating XRPL with high-volume institutions. If Hidden Road’s adoption proves substantial, XRP could be on the cusp of a major breakout.
