The post New Ripple XRP Price Prediction – Could Surpass Ethereum Market Cap appeared on BitcoinEthereumNews.com.

Ripple’s XRP is experiencing a remarkable surge in market activity and optimism. The intense vibe shift has analysts predicting that XRP could soon rival Ethereum’s market cap. Sam Ruskin, an analyst at blockchain research firm Messari, suggested that XRP might surpass Ethereum in valuation within the next month. Ruskin attributes this potential milestone to several converging factors, including heightened market enthusiasm, political developments, and an increased focus on OG cryptocurrencies, dubbed “boomer coins” or “dino coins”. Market Trends Favor XRP Ruskin noted that XRP has performed extremely well, up 460% since the U.S. presidential election on Nov. 5, 2024. He identified a strong correlation between market sentiment and external events such as Donald Trump’s re-election. “The inauguration could spark a large buying event for XRP, similar to the post-election rally of 2016,” Ruskin said in a post on X called, The Case for XRP Flipping ETH. XRP vs. ETH market cap comparison. Source: Sam Ruskin via X This surge has positioned XRP as a favorite among retail and institutional investors alike, especially with rising speculation about the approval of an XRP exchange-traded fund (ETF) in the U.S. under the new administration. Ruskin also highlighted that new U.S. tax regulations, which may benefit domestic crypto projects, could further drive investment in XRP. Ethereum Faces Challenges While XRP gains traction, Ethereum, the second-largest cryptocurrency by market cap, appears to be grappling with headwinds. Ruskin noted that Ethereum was still 30% below its all-time high of $4,800, despite record levels of open interest. The disconnect here is a sign of weak investor demand and internal problems in the Ethereum ecosystem, such as community splits and competition from new blockchain networks. The recent Trump Meme Coin launch on Solana, caused Solana to skyrocket 15% overnight, but tanked ETH, with Solana now the token launch…

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Filed under: News - @ January 19, 2025 8:20 pm