- XRP enthusiasts, including Edoardo Farina, believe XRP could one day surpass Bitcoin as the top cryptocurrency.
- Ripple would need to trade at approximately $37.30 per token to match Bitcoin’s current market cap, representing over 1,500% growth.
- Analyst predictions for Ripple reaching this level vary from as early as 2025 to as late as 2032.
- The scenario assumes Bitcoin’s price remains stagnant, which is unlikely, making XRP’s path to the top highly challenging but not impossible.
XRP Eyes the Top Spot in the Crypto World
Crypto educator Edoardo Farina has sparked fresh debate in the cryptocurrency community by suggesting that Ripple could eventually dethrone Bitcoin (BTC) to become the most valuable crypto asset globally. This audacious claim envisions Ripple not only surpassing Ethereum (ETH) but also achieving a trillion-dollar market cap, rivaling global tech giants.
As of now, XRP’s market cap stands at $138 billion, placing it fourth among cryptocurrencies. Bitcoin, by comparison, boasts a dominant $2.16 trillion market valuation, making it one of the most valuable assets worldwide—surpassing companies like Alphabet (Google) and Meta (Facebook).
At What Price Would XRP Overtake Bitcoin?
The Crypto Basic analyzed what Ripple price would need to be to surpass Bitcoin’s market cap. With XRP’s circulating supply hovering around 59 billion tokens, it would take a price of approximately $37.30 per XRP to reach a valuation of $2.2 trillion—slightly above Bitcoin’s current market cap.
Given XRP’s present price of $2.34, this represents a staggering 1,500% price increase. However, it’s important to note that Bitcoin’s market cap is unlikely to remain static, meaning XRP’s actual target could be higher.
Also Read: Projected XRP Price if Bitcoin Hits $3.45 Million By 203
When Could XRP Reach $37? Expert Predictions Vary
Forecasts on XRP’s timeline to reach $37 differ widely across the crypto space:
- Analyst XForceGlobal predicts XRP could reach $40 this year, driven by technical momentum.
- Crypto commentator Dustin Layton expects Ripple could exceed $50 by 2025, citing historical price action.
- On the other hand, research firm Telegaon projects Ripple may reach $37 by 2030, while Bitwise sees a possible $30 peak by 2030 under bullish conditions.
- Crypto exchange Changelly offers a more conservative estimate, suggesting Ripple might only hit $37 by 2032.
Can Ripple Really Overtake Bitcoin?
While the prospect of Ripple surpassing Bitcoin remains highly speculative, XRP supporters remain optimistic about the coin’s long-term utility, including its role in cross-border payments and the financial system.
Reaching Bitcoin’s market cap would require not only significant XRP price growth but also widespread adoption and potentially regulatory clarity—areas where Ripple continues to make strides.