thecryptobasic.com
As XRP continues to deliver stellar performance while Ethereum largely sees minimal movement, the gap between both assets continues to narrow.
As of today, XRP’s market cap stands at $155 billion based on its current circulating supply. Meanwhile, its fully diluted market cap (FDV) sits at $267 billion when accounting for escrowed tokens.
On the other hand, Ethereum maintains a consistent market cap and fully diluted cap, both standing at $331 billion.
With these close figures, commentaries have flooded the crypto community, suggesting that XRP could finally overtake Ethereum with just a 16% price surge from current levels.
In a tweet, Nic, Co-founder of Coin Bureau, highlighted that the XRP/ETH chart shows a major uptrend of 451% since November 2024. This suggests that XRP’s price has grown nearly five times against Ethereum over the past four months.
As a result, he concluded that the much-awaited flip is just a 50% price rally away.
How Much Must XRP Rise to Flip Ethereum?
As XRP trades at $2.67 with an FDV of $267 billion, just a 24.70% price increase would be sufficient to attain a full cap of $333 billion, putting it ahead of Ethereum.
However, based on the popular ranking metric, which uses circulating supply, this valuation would not be enough to secure XRP the second spot.
Specifically, a 25% surge would only elevate XRP’s price to $3.33, resulting in a market cap of $193 billion. Interestingly, XRP briefly held this position in mid-January but did not surpass Ethereum.
For XRP to attain a $333 billion cap from its current valuation of $155 billion, a more significant price movement is needed. Specifically, XRP’s price would need to increase by approximately 115% to reach a $333 billion cap. At this point, its price would be $5.76.
In this scenario, XRP would secure a spot behind only Bitcoin, becoming the second-largest crypto asset. Moreover, XRP’s fully diluted cap would be $576 billion at that price, placing it even farther ahead of Ethereum.
Notably, these estimations assume that Ethereum’s price remains stagnant or decreases while XRP continues to rise.
With Ethereum currently trading at $2,748, any further price advancements, such as reaching psychological levels like $2,800 or $3,000, would further delay the much-anticipated XRP flip.