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**# Dealers Foresee XRP Surpassing Ethereum, Though It Requires a $233 Billion Increase**
* The cost of Ripple’s XRP has risen dramatically by 433% since November.
* Specialists anticipate it may soon exceed Ethereum.
Following a 22% increase this week for the cryptocurrency issued by Ripple, a number of well-known crypto dealers and influencers are implying that XRP’s market capitalization may soon outperform Ethereum’s once more.
For XRP to overshadow Ethereum’s market cap, it would have to reach $6.75 per token – a 138% rise from its present cost of $2.83, given that Ethereum is trading at $3,203.
A crypto dealer known as DonAlt, with 646,000 followers, declared on X, “I sincerely believe XRP has the ability to temporarily flip ETH, and perhaps even BTC if things go absolutely crazy.”
Despite XRP’s total market cap hovering around $164 billion – less than half of Ethereum’s $397 billion – a number of other prominent accounts have echoed similar forecasts. To dethrone Ethereum as the world’s second-largest cryptocurrency, XRP needs to close a $233 billion market cap gap.
However, in recent months, the second-largest crypto has had trouble keeping up with the expansion of Bitcoin, Solana, and XRP. Since November, XRP has increased by 433%, while Ethereum’s Ether token has only increased by a modest 27%.
XRP surpassed Tether in early January to take the title of third-largest cryptocurrency. If XRP were to outperform Ethereum, it would indicate a major upheaval in the crypto market and increase the pressure on Ethereum.
The last time the market valued XRP higher than Ethereum was in January 2018.
During the 2021 bull run, Ethereum enthusiasts speculated that the asset might one day surpass Bitcoin’s market cap, an event dubbed “the Flippening.” Four years later, and now XRP bulls are talking about a different kind of flippening. Toncoin (TON) Value Forecast for March 26th
## “A Huge Victory for Ripple”
A number of recent developments have fueled XRP’s price increase in recent weeks. Kiyosaki: Global Economy Declining, Predicts Bitcoin at $200,000
As SEC Chair Gary Gensler, a well-known crypto doubter, may be resigning, the current legal dispute between watchdogs and Ripple Labs might be rapidly concluding.
GSR analyst Carlos Guzman previously informed DL News that a rejection of the SEC’s appeal, or a resolution under fresh management, would be a significant triumph for Ripple.
Ripple CEO Brad Garlinghouse recently mentioned on X that the firm’s U.S. operations in the final six weeks of 2024 exceeded the prior six months. He credited this to the “Trump effect,” implying that a friendlier crypto regulatory climate under the incoming president could spark massive expansion for the sector.
Intriguingly, Google searches for XRP have exceeded those for Bitcoin for the first time, signaling increasing investor curiosity.
Nevertheless, JPMorgan Chase analysts propose that demand for a possible XRP exchange-traded fund (ETF) might not be as elevated as some optimists predict. They assess an XRP ETF could draw roughly $8 billion, a portion of the inflows witnessed by Bitcoin and Ethereum ETFs.
**Crypto Market Overview:**
* Bitcoin has increased by 3% in the past 24 hours, reaching $99,205.
* Ethereum has also risen by 3% during the same timeframe, achieving $3,304.
**Recommended Reading:**
* Discover the campaigners urging Big Tech to follow MicroStrategy’s example and adopt Bitcoin – DL News
* Global M2 is decreasing.
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