Kaspa and XRP both have extremely strong communities in crypto. However, one is at around $2.4 billion market cap, while the other is at over $128 billion.
What would happen with the Kaspa price if it captures 15% of XRP’s current market cap? Let’s find out.
As of today, Kaspa is trading at $0.0925. Its market cap sits at $2.41 billion with about 26.1 billion KAS tokens in circulation.
XRP, on the other hand, trades at $2.20. Its market cap is much bigger at $128.94 billion. There are roughly 58.44 billion XRP in circulation.
The gap between them is huge. XRP is worth over 53 times more than Kaspa in total market value. So what would happen if Kaspa grew to just a fraction of XRP’s size?
What you'll learn 👉
The 15% Scenario: Potential Price Impact
If we take 15% of XRP’s market cap, we get $19.34 billion. To find what this would mean for Kaspa’s price, we divide this number by Kaspa’s circulating supply:
$19.34 billion ÷ 26.1 billion KAS = $0.741 per KAS token
This would be a massive jump from the current price of $0.0925. It represents about a 700% increase in value. That’s a big move, but not unheard of in crypto.
What Are The Odds?
Looking at all factors, there’s about a 30-40% chance of this happening in the current market.
This estimate takes into account Kaspa’s strengths and challenges. It’s not a guarantee, but reflects reasonable odds based on the crypto market’s conditions in mid-2025.
Kaspa has strong technology with its GhostDAG and Parallel Proof-of-Work systems. These solve Bitcoin and Litecoin’s speed problems without giving up decentralization.
Kaspa is again at the top of CoinMarketCap’s Community Sentiment rankings today.
— Kaspa Daily (@DailyKaspa) May 1, 2025
Consistent support from the community reflects growing interest in its approach to proof-of-work, scalability, and decentralization. pic.twitter.com/mlrSIP9UJs
The project is gaining attention as a “next-gen Bitcoin.” Its recent Crescendo upgrade boosted performance to 10 blocks per second. This makes its case as a scalable blockchain much stronger.
At just $2.4 billion market cap, Kaspa is still small compared to XRP. Growing to $19.3 billion means an 8x gain – big but possible in crypto cycles.
If XRP faces more regulatory issues or fails to grow its adoption, Kaspa could close the gap faster.
Read also: Bitcoin’s Worst Nightmare? Kaspa’s Crescendo Fork Sparks a New Crypto Arms Race
Why It Might Not Happen
Kaspa lacks the institutional support that XRP has. It still needs listings on major exchanges like Coinbase and Binance. It doesn’t have ETF speculation or big investors backing it yet.
The market for Layer 1 blockchains is crowded. With Solana, Ethereum L2s, and meme coins taking attention, Kaspa needs to stand out to grow hugely.
XRP has RippleNet, deals with institutions, and strong brand recognition. Kaspa doesn’t yet have real-world use cases, many developers, or financial applications driving its value higher.
The 30-40% odds are reasonable given current conditions. Kaspa could succeed if it gets on better exchanges, builds a DeFi ecosystem, or connects with popular crypto narratives. But it could struggle if interest fades or its technology doesn’t lead to actual usage.
The path to capturing 15% of XRP’s market cap is challenging but within reach if Kaspa continues to develop and gain adoption in the coming years.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
