XRP Price Could Soar if Bitcoin Hits Ark Invest’s $2.4M Bull Target

XRP might be on the brink of an explosive rally if it continues mirroring Bitcoin’s price trajectory, especially as new forecasts from Ark Invest suggest a monumental upside for the leading cryptocurrency by 2030.

Ark Invest’s Bold Bitcoin Prediction

Renowned asset management firm Ark Invest has recently revised its long-term Bitcoin price outlook as part of its “Big Ideas 2025” report. Taking current market dynamics into account, the firm laid out a range of scenarios for Bitcoin’s potential growth through the end of the decade.

In the most conservative projection, Ark expects Bitcoin to reach between $300,000 and $500,000 by 2030. The base case envisions a more optimistic $1.2 million, while the bullish scenario places Bitcoin at an eye-watering $2.4 million. This bullish forecast implies a staggering 73% compound annual growth rate (CAGR) and a potential 2,435% price increase from Bitcoin’s current level of around $94,000.

How XRP Could Benefit From Bitcoin’s Surge

Historically, XRP has strongly correlated with Bitcoin's price movements, particularly during periods of heightened market activity. Recent data from CoinMarketCap illustrates that in the past month, XRP has closely tracked Bitcoin's performance, albeit with minor deviations.

For example, over the last seven days, Bitcoin gained 7.7%, while XRP followed closely with a 7.1% increase. This pattern suggests that if Bitcoin were to experience a significant bull run, XRP could very likely ride that same wave upward.

XRP’s Potential Price if Bitcoin Reaches $2.4M

Should Bitcoin indeed climb to $2.4 million, marking a 2,435% increase, XRP could similarly post a massive rally. If XRP mirrored this growth rate, its price would rise from its current level of $2.27 to approximately $56.75.

This projection isn't without precedent. Earlier this month, crypto analyst Cryptominder predicted that XRP could breach the $50 mark by 2030, aligning with Ark Invest’s bullish Bitcoin scenario.

However, while the outlook is optimistic, some market experts urge caution. Analysts at Changelly believe XRP has the potential to hit these heights, but not before 2033. They forecast a maximum price of $50.12 for XRP by February 2033, around eight years from now.

XRP Market Cap Implications

A price of $56.75 would push XRP’s market capitalization to a monumental $3.3 trillion, a figure that would surpass the current total crypto market cap. For comparison, if XRP maintains its current 4.55% market dominance, this would imply a future global crypto market cap of $72.53 trillion. In such a scenario, Bitcoin’s market cap alone would reach a massive $46.6 trillion, assuming it retains its 64.23% dominance.

While Bitcoin’s path to $2.4 million remains speculative, Ark Invest’s bullish forecast adds significant fuel to crypto market optimism. If history holds and XRP continues to track Bitcoin’s upward moves, investors could see extraordinary gains across both assets. As always, however, market volatility and macroeconomic factors must be considered before making investment decisions.