Ripple CTO Expects XRP to Surpass Bitcoin Market Cap Through Growth
David Schwartz, former CTO of Ripple and architect of the XRP Ledger, believes that one day XRP could overtake Bitcoin in market capitalization. He emphasized that this flip would not come from a decline in Bitcoin's value but rather from XRP growing faster than its larger counterpart.
Schwarz highlighted the technical advantages of the XRP Ledger, which was designed as a faster and more scalable payments network compared to Bitcoin. This, he argued, could attract users and capital seeking capabilities beyond simple store-of-value transfers.
The historical context supports this idea, with XRP briefly surpassing Ethereum in market cap during a bull run in 2017-2018.