Can XRP Surpass Ethereum in Market Cap?
Insight
Recent attention has been garnered by Dom Kwok, a former Goldman Sachs analyst and co-founder of EasyA, who boldly anticipates that XRP could outpace Ethereum to become the second-largest cryptocurrency by market capitalization. This assertion has stirred interest within the cryptocurrency community, especially in light of XRP’s impressive performance in recent times.
Expert View
Kwok’s optimistic outlook is evident in his statement, “Are you ready for a new world order?” This reflects his enduring confidence in XRP’s potential and acknowledges the advancements taking place in its ecosystem, such as the tokenization of real-world assets (RWA) on the XRP Ledger (XRPL). Similar sentiments are echoed by market analysts like EGRAG Crypto, suggesting that XRP could see significant gains, possibly reaching $7.50 with a breakthrough past crucial resistance levels.
Market Scenario
Following the post-U.S. presidential election trends in November 2024, XRP has been leading a surge in the cryptocurrency market. After hitting a peak of $3.39, the digital asset has shown resilience, particularly with a recent 10% rise over the January 11, 2025 weekend, pushing the XRP/ETH trading pair to a 50-month high of 0.0007885. Presently, XRP holds a market cap of $177 billion, while Ethereum maintains its dominance at $407 billion, indicating the competitive landscape XRP must navigate for a chance to outshine Ethereum.
Analysis of Impact
To surpass Ethereum, XRP would need to climb to around $7.07, marking a notable 129.5% increase from its current value. This projection relies on Ethereum’s stability in the face of the volatile crypto market. XRP’s remarkable 351% surge relative to Ethereum since November 2024 underscores its recent strength. With XRP currently trading at $3.10—up by 31.26% in the past week and 49% since the start of 2025—it presents a striking comparison to Ethereum’s modest gains of 1.45% during the same period. Ethereum’s challenges with gas fees and network congestion might further prop up XRP as a more efficient transaction processor in the market.
Wrapping Up
While the speculation of XRP overtaking Ethereum may raise eyebrows, recent market trends and expert perspectives indicate that this possibility is gaining traction. As XRP’s momentum builds and Ethereum contends with its own hurdles, the race for the second-largest cryptocurrency intensifies. Tracking the unfolding of this high-stakes competition promises to be fascinating as the cryptocurrency landscape continues to evolve.
