thecryptobasic.com
Mert Mumtaz, the CEO of the Solana-based tool Helius, has expressed confidence that Solana will eventually overtake $XRP in market cap.
Mumtaz made the recent commentary despite $SOL’s steeper decline on the back of the market-wide crash, with the altcoin collapsing 15.4% over the past week. This drop makes Solana the biggest loser among the top 30 assets by market cap over a 7-day timeframe.
Helius CEO Insists $SOL Will Flip $XRP
Meanwhile, $XRP has held up better than most, seeing a 9% drop within the same period. With this performance, $XRP, which now sits third among the largest non-stablecoin assets, has displayed better resilience than Ethereum (-12.83%), $BNB (-11.08%), and Cardano (-11.45%).
While the challenge itself takes a sarcastic tone, Mumtaz’s projection reflects his strong confidence in the Solana ecosystem, in which he built his infrastructure tool Helius. The crypto commentator has repeatedly suggested that Solana and Zcash ($ZEC) could overtake $XRP.
In one instance, Mumtaz, who is also a Zcash proponent, noted that while he may not be able to predict short-term moves, he remains confident that $ZEC will flip $XRP “no matter what.” According to him, $XRP is 26x larger, but the community should “shield, forget, and build.”
people have now been saying this for 5 straight weeks
I don't pretend to play astrologist on short term horizons
but we are flipping $XRP, no matter what
and $XRP is about 26x higher atm
shield, forget, and build pic.twitter.com/d67PiMdl0m
— mert | helius.dev (@0xMert_) November 1, 2025
How High Solana Must Rise to Flip $XRP
At press time, $XRP trades for $2.22 with a market cap of over $133 billion. Due to its greater resilience amid the ongoing market onslaught, $XRP has now reclaimed the third spot among the largest non-stables, overtaking $BNB, but still below Tether (USDT).
Notably, after recovering from the FTX dump, Solana overtook $XRP in December 2023 and remained above it for nearly a year until $XRP skyrocketed during the November 2024 rally. Since then, $XRP has maintained a position above $SOL.
Currently, Solana, which changes hands at $156, boasts a market cap of $86.6 billion. For Solana to eventually flip $XRP again, it must add $46.4 billion to its market cap. To put things into perspective, $SOL only added $52.54 billion to its valuation throughout the 2021 bull run despite surging 74,628% that year.
In addition, during the Q4 2024 rally on the back of the U.S. elections, Solana’s market cap grew by $19.11 billion. This year, $SOL has shed $4.42 billion from its market cap. Notably, this puts some perspective on how far the journey to flip $XRP may be for Solana, which currently sits as the fifth-largest non-stablecoin asset.
For Solana to surge to the $133 billion valuation mark, its price would need to increase to $240.3. This represents a mere 54% rise from the current price. $SOL last saw this price as early as September 2025. However, the challenge for Solana lies in the fact that $XRP may likely soar beyond the $133 billion mark in a situation where $SOL observes such gains.