XRP is currently gaining momentum in the crypto market, with speculations rising about whether the asset could eventually rival Bitcoin. As XRP sees a surge in value, many in the community are now entertaining the possibility of XRP overtaking Bitcoin in terms of market capitalization.
XRP is currently gaining momentum in the crypto market, with speculations rising about whether the asset could eventually rival Bitcoin. As XRP sees a surge in value, many in the community are now entertaining the possibility of XRP overtaking Bitcoin in terms of market capitalization.
The conversation was recently reignited by XRP enthusiast and researcher SMQKE on X (formerly Twitter). SMQKE highlighted insights from asset management firm WisdomTree, which outlined what it would take for XRP to reach parity with Bitcoin’s valuation.
At present, XRP is trading at a seven-year high of $3.66, giving it a market cap of approximately $216 billion. This places the coin as the third-largest cryptocurrency, trailing only behind Bitcoin and Ethereum. In contrast, Bitcoin maintains a dominant market cap exceeding $2.3 trillion, making XRP’s current gap over $2 trillion.
Still, hope in the XRP community remains strong. As XRP continues to gain traction, more analysts and investors are theorizing scenarios where XRP could climb high enough to match or even surpass Bitcoin’s market value.
XRP’s Institutional Appeal and Unique Strengths
WisdomTree’s in-depth research presents XRP as the only major altcoin that deserves consideration alongside Bitcoin within a long-term investment strategy. Unlike many other cryptocurrencies often categorized under speculative assets, XRP is viewed for its functional characteristics: speed, low transaction costs, and high energy efficiency.
The report classifies XRP and Bitcoin together under “Layer-1 payment networks,” emphasizing XRP’s differentiation from other altcoins. Its finite supply, deflationary structure, and readiness for institutional adoption elevate XRP’s long-term investment value. With institutions expanding their focus beyond Bitcoin, XRP’s inclusion in portfolios like that of WisdomTree underscores growing investor confidence in its role as both a payment mechanism and a store of value.
In fact, WisdomTree has reportedly filed to launch ETFs backed by XRP, further endorsing the asset’s legitimacy in institutional circles.
What Must Happen for XRP to Catch Bitcoin
According to a WisdomTree report published in October 2024, XRP would have had to experience a roughly 20-fold increase to reach parity with Bitcoin’s valuation at the time. Back then, XRP lingered between $0.50 and $0.60, while Bitcoin hovered around $59,000 to $70,000—its market cap sat between $1.2 trillion and $1.4 trillion.
A twentyfold rise at that level would have placed XRP’s price closer to $10–$12. With 59 billion tokens in circulation, this increase wouldn’t quite push XRP’s market cap into trillion-dollar territory. However, factoring in its total maximum supply of 100 billion tokens, XRP’s fully diluted value in that case would rise well into the trillions.
Fast forward to today, and XRP’s remarkable rise has significantly narrowed the split between the two crypto giants. Currently trading at $3.66 and with a circulating supply of 59 billion tokens, XRP would achieve a market cap of around $4.26 trillion if it saw a 20X price increase. This would equate to each XRP token being valued at over $73.
However, to simply match Bitcoin’s present market capitalization of $2.4 trillion, XRP doesn’t need to climb that drastically. A more modest 11-fold increase would suffice, lifting its price to just over $40. According to market analysts, this target—although ambitious—is within the realm of possibility in the current bullish market trend.
It’s important to note, though, that any future rise in Bitcoin’s own market capitalization would again expand the gap, making it even more challenging for XRP to overtake. As both assets continue their upward trajectories amid bullish sentiment, the race between XRP and Bitcoin remains a compelling storyline in the crypto landscape.
While surpassing Bitcoin may still be a long shot, the current dynamics reveal a maturing market where XRP’s position is strengthening among both retail and institutional investors.
Read related coverage: Veteran Trader Shares How High XRP Could Go.
Related: XRP Price: $12M Max Pain for Bears
Market watchers continue keeping an eye on XRP’s rally. Check out more on recent developments: XRP Surges Past $3 – What’s Next?
Quick Summary
XRP is currently gaining momentum in the crypto market, with speculations rising about whether the asset could eventually rival Bitcoin. As XRP sees a surge in value, many in the community are now entertaining the possibility of XRP overtaking Bitcoin in terms of market capitalization.
Source
Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.
Author
Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.
Editorial Note
Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.
