LIVE
BTC$64,194.00 1.00%ETH$1,805.22 1.06%USDT$0.9993 0.03%BNB$587.65 0.38%USDC$0.9999 0.02%XRP$1.15 0.49%SOL$82.35 0.86%TRX$0.3292 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.19 0.33%DOGE$0.0771 1.37%USDS$0.9998 0.00%RAIN$0.0152 0.24%LEO$9.40 1.49%ZEC$453.75 2.02%ADA$0.1845 2.80%XLM$0.2010 1.54%WBT$57.64 0.40%XMR$323.90 1.39%LINK$8.06 0.17%CC$0.1385 1.93%BCH$245.61 1.28%GRAM$1.80 0.92%LAB$15.52 7.62%DAI$0.9998 0.00%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.27 1.09%HBAR$0.0732 3.73%USDG$0.9998 0.01%BTC$64,194.00 1.00%ETH$1,805.22 1.06%USDT$0.9993 0.03%BNB$587.65 0.38%USDC$0.9999 0.02%XRP$1.15 0.49%SOL$82.35 0.86%TRX$0.3292 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.19 0.33%DOGE$0.0771 1.37%USDS$0.9998 0.00%RAIN$0.0152 0.24%LEO$9.40 1.49%ZEC$453.75 2.02%ADA$0.1845 2.80%XLM$0.2010 1.54%WBT$57.64 0.40%XMR$323.90 1.39%LINK$8.06 0.17%CC$0.1385 1.93%BCH$245.61 1.28%GRAM$1.80 0.92%LAB$15.52 7.62%DAI$0.9998 0.00%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.27 1.09%HBAR$0.0732 3.73%USDG$0.9998 0.01%
G.MARKETS/PAIR ANALYSIS·Waves logoWAVESXRP logoXRP· LIVE· as of 22:53 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

WAVES WOULD BE
$0.00000000
currently $0.2644 · target mcap $71.46B
MULTIPLIER
0.00x

WAVES needs a 2.7Kx move to match XRP's valuation

COIN PROFILES·WAVES vs XRP
Waves logo
Waves
SOURCE

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

PRICE$0.2644
24H CHANGE 0.62%
MARKET CAP$26.44MFDV $26.44M · Fully circulating
RANK#701
SUPPLY100.0M WAVES
DOMINANCE<0.01%
VS
XRP logo
XRPVerified by G.MARKETS
XRP
TARGET

XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.

PRICE$1.15
24H CHANGE 0.49%
MARKET CAP$71.46BFDV $114.79B · 38% supply locked
RANK#6
SUPPLY62.2B XRP
DOMINANCE2.38%
7d 1.57%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.7Kx bigger
WAVES$26.44M
XRP$71.46B
THE CLIMBWaves logoWAVESXRP logoXRPMULTIPLIER 2.7KxGAP$71.43B
$100.00M$1.00B$10.00B
Waves logo
SOURCEWAVES$26.44M
XRP logo
TARGETXRP$71.46B
GALA logo
GALA$110.65M
Vision logo
VSN$125.81M
Theta Network logo
THETA$144.94M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
crvUSD logo
CRVUSD$200.35M
Pendle logo
PENDLE$248.29M
Terra Luna Classic logo
LUNC$343.21M
Injective logo
INJ$484.38M
USDtb logo
USDTB$726.88M
Spiko EU T-Bills Money Market Fund logo
EUTBL$1.01B
Ondo logo
ONDO$1.64B
USD1 logo
USD1$4.53B
log scale · mcap in USDJul 6, 2026
Waves logo
WAVESWaves
$26.44MSOURCE
GALA logo
GALA
$110.65M
Vision logo
VSN
$125.81M
Theta Network logo
THETA
$144.94M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
crvUSD logo
CRVUSD
$200.35M
Pendle logo
PENDLE
$248.29M
Terra Luna Classic logo
LUNC
$343.21M
Injective logo
INJ
$484.38M
USDtb logo
USDTB
$726.88M
Spiko EU T-Bills Money Market Fund logo
EUTBL
$1.01B
Ondo logo
ONDO
$1.64B
USD1 logo
USD1
$4.53B
XRP logo
XRPXRP
$71.46BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF WAVES HIT XRP MCAP·TARGET $714.56
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 WAVES$26.44$71,455.92+$71,429.47
Coffee money1K WAVES$264.43$714,559.16+$714,294.73
Small bag10K WAVES$2,644.25$7,145,591.56+$7,142,947.31
Real bag100K WAVES$26,442.50$71,455,915.57+$71,429,473.07
Whale bag1M WAVES$264,425.00$714,559,155.70+$714,294,730.70
Generational10M WAVES$2,644,250.00$7,145,591,557.00+$7,142,947,307.00
$71.46B compared to the world
UberUBER
$160.00B
XRP mcap is 44.7% of Uber
NikeNKE
$130.00B
XRP mcap is 55.0% of Nike
StarbucksSBUX
$100.00B
XRP mcap is 71.5% of Starbucks
SpotifySPOT
$90.00B
XRP mcap is 79.4% of Spotify
RobloxRBLX
$30.00B
XRP mcap is 2.38× Roblox
RedditRDDT
$25.00B
XRP mcap is 2.86× Reddit

About this comparison

This page compares the market capitalizations of Waves (WAVES) and XRP (XRP). With Waves currently at $0.2644 per coin and a market cap of $26.44M, and XRP at $1.15 with a market cap of $71.46B, applying XRP's market cap to Waves's circulating supply produces a hypothetical WAVES price of $714.56 — a 2.7Kx move from current.

Waves: Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

XRP: XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Waves had XRP's market cap, what would the price be?

If Waves (WAVES) had XRP's (XRP) current market cap of $71.46B, each WAVES would be worth approximately $714.56 based on the circulating supply of 100,000,000 WAVES. That is 2.7Kx the current WAVES price of $0.2644.

What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $26.44M, ranking #701 by market capitalization. Each WAVES trades at $0.2644.

What is the current market cap of XRP?

XRP (XRP) currently has a market cap of $71.46B, ranking #6 by market capitalization. Each XRP trades at $1.15.

How does WAVES compare to XRP?

Waves's market cap of $26.44M sits orders of magnitude beyond XRP's $71.46B. For WAVES to reach XRP's current valuation, the price would need to move 2.7Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Waves's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.