David Schwartz, XRP Ledger architect and former CTO of Ripple, claims that XRP could eventually surpass Bitcoin in market capitalization. Bitcoin’s market cap stands at approximately $1.55 trillion compared to $87 billion for XRP, a ratio of about 18 to 1. To match Bitcoin’s current valuation, XRP would need to climb to $24-$25 from its current level of $1.40. In early 2018, XRP was worth nearly 50% of Bitcoin’s value before the ratio dropped to 5-6% today, illustrating the difficulty of such a scenario. According to Schwartz, this overtake would not result from Bitcoin’s collapse but from exponential growth of the entire crypto market combined with faster adoption of XRP.
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