Home Altcoins News XRP Poised to Overtake Ethereum, Says Ex-Goldman Sachs Analyst

XRP Poised to Overtake Ethereum, Says Ex-Goldman Sachs Analyst

XRP prediction

Dom Kwok, a former Goldman Sachs analyst and co-founder of EasyA, has recently made a bold statement, predicting that XRP could soon overtake Ethereum as the second-largest cryptocurrency. His comments have fueled considerable interest in the crypto community, especially given XRP’s impressive performance in recent months. Since November 2024, the digital asset has experienced a significant rally, outperforming much of the broader market, and now stands on the precipice of potentially flipping Ethereum in market capitalization.

XRP’s recent surge can be traced back to the aftermath of the U.S. presidential election in November 2024, when the broader cryptocurrency market saw a strong upswing. During this period, XRP rose rapidly, peaking at $3.39 before facing resistance and settling into a phase of consolidation. However, XRP soon regained momentum, and over the weekend of January 11, 2025, it experienced a remarkable 10% jump, outpacing the rest of the market. This rally pushed the XRP/ETH pair, which measures XRP’s performance relative to Ethereum, to a 50-month high of 0.0007885.

Kwok’s bullish sentiment surrounding XRP has only intensified in light of its recent performance. He has expressed confidence that there is now a “high chance” of XRP overtaking Ethereum soon. He went as far as to remark, “Are you ready for a new world order?” hinting at the seismic shift that such an event would bring to the cryptocurrency landscape. As someone who has long championed the potential of XRP, Kwok’s recent commentary draws attention to the ecosystem’s growing potential, particularly through innovations such as real-world asset (RWA) tokenization on the XRP Ledger (XRPL).

One of the most striking aspects of XRP’s recent price movement is its exceptional performance against Ethereum. Since November 2024, XRP has gained a staggering 351% relative to ETH, highlighting its recent outperformance. This surge has contributed to a significant increase in XRP’s market capitalization, which now sits at $177 billion. Following Kwok’s comments, XRP reached a new milestone, hitting $3.39, its highest price since January 2018. Although XRP has since pulled back slightly, it remains above the $3 mark, with many analysts predicting further gains.

However, Ethereum remains the dominant player in the space, with a market cap of $407 billion. For XRP to surpass Ethereum, it would need to reach a price of approximately $7.07, a 129.5% increase from its current level. This assessment assumes that Ethereum’s price remains relatively stable, which, given the volatility of the crypto market, is far from guaranteed. Market commentator EGRAG Crypto has even suggested that XRP could reach $7.50 if it breaks key resistance levels, adding further fuel to the fire of speculation.

At the time of writing, XRP is trading at $3.10, up 31.26% in the past week and 8.7% in the last 24 hours. It has seen a 49% rise since the start of 2025, contrasting sharply with Ethereum’s more modest 1.45% gain over the same period. If XRP’s current momentum continues, it could soon challenge Ethereum for the second spot, making Kwok’s prediction more plausible.

Despite the hurdles it faces, XRP’s recent performance and the increasing interest in its ecosystem suggest it has the potential for substantial growth in the coming months. As Ethereum continues to grapple with scalability challenges, particularly around high gas fees and network congestion, XRP’s efficient transaction processing capabilities could become a major selling point, further fueling its ascent.

In conclusion, while the prospect of XRP flipping Ethereum may seem far-fetched to some, the recent market trends and Kwok’s insights indicate that the possibility is very much alive. With its current momentum and Ethereum’s ongoing challenges, XRP may soon find itself in a prime position to challenge for the second-largest cryptocurrency spot. As the market evolves, it will be fascinating to see how this dynamic plays out.

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Sakamoto Nashi

Nashi Sakamoto, a dedicated crypto journalist from the Virgin Islands, brings expert analysis and insight into the ever-evolving world of cryptocurrencies and blockchain technology. Appreciate the work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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