Market veteran Peter Brandt suggests that XRP's market cap could surge to $502 billion, citing the formation of a weekly half-mast flag on the XRP market cap chart. XRP has been consolidating within a flag pattern since reaching a peak market cap of $165.74 billion in early December 2024. Brandt believes that if the flag pattern completes, XRP could reach a new all-time high price of $8.74 per token and potentially surpass Ethereum to become the second-largest cryptocurrency. He warns that if the flag pattern doesn't break out soon, it may fail to fulfill its bullish potential. XRP is currently trading at $2.42, having gained 19.38% over the past week.
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