If you compare $XION marketcap to the marketcap of $XRP, it comes out to about 9,702x.

I believe this could be possible for two main reasons:

First, we are entering a privacy-focused era where proving what is real matters more, and XION is the trust layer for the internet, helping verify what’s real and what’s not.

Second, XION has a burn-based revenue model. Apps that use its network generate revenue, which is used to buy back XION and permanently burn it, reducing supply and potentially increasing value over time.