- According to BitBoy Crypto, XRP could turn ETH into market cap by 2025.
- BitBoy Crypto predicted that XRP could rise 20x-30x and reach a high of $15.6 or more.
Ripple [XRP] Ethereum could turn around [ETH] in market capitalization by 2025, according to market watcher Ben Armstrong, popularly known as BitBoy Crypto.
BitBoy crypto cited XRP’s remarkable performance in 2018, where it ranked second on CoinMarketCap, while ETH came in third in terms of market size.
“XRP had flipped ETH before. On January 8, 2018, it was the last altcoin seasonal push, just two weeks after BTC reached the top.”
Source: CoinMarketCap
At that time, XRP’s market size was $130 billion, while ETH’s was $111 billion. BitBoy projected a similar play in 2025 as the general market expects the current BTC cycle to peak in 2025.
“In 2018, $XRP has already flipped Ethereum once. And in 2025 it will happen again. Get ready for the next bull run. $XRP Army knows what is coming.”
Can XRP flip ETH?
According to Armstrong, ETH could struggle to overcome the psychological resistance of a $1 trillion market size due to competition in the layer 1 space.
According to his analysis, ETH could triple and hover around $940 billion.
On the contrary, BitBoy predicted that XRP could expand 20x from current levels, reaching a market cap of $600 billion. This could bring the price to $11. He said,
“A 20x could bring the XRP price to $11. All it takes for XRP to flip ETH at this point is for ETH to reach the top before XRP and be on its way down while XRP rises to the top.
He reiterated that the reversal could happen if XRP does a 25x-30x. That would translate into an XRP rally to $13 – $15.6 from the current value of $0.52.
However, he mentioned that the Ripple Labs lawsuit was a major roadblock to the XRP price rally. He even estimated that XRP could have flipped ETH in 2021 if not for the lawsuit.
The price chart for the XRP/ETH ratio, which tracks the relative performance of XRP versus ETH, reflected his sentiment to some extent. ETH outperformed XRP in early 2024 as the lawsuit continued.
Source: XRP/ETH, TradingView
However, a partial victory over the SEC in the second half of 2024 allowed XRP to temporarily outperform ETH.
It rose 86% against ETH between May and August, marking significant outperformance against the largest altcoin. Whether the rally will continue towards the next target at 0.0003 remains to be seen.
That said, XRP was down towards $0.50 at the time of writing. Since the lawsuit was still ongoing, the altco could face near-term headwinds.
Source: XRPUSDT, TradingView
