Schwartz: XRP More Likely to Flip Bitcoin Through Surge Than BTC Decline
Ripple CTO Emeritus David Schwartz recently made a statement about the potential for XRP to surpass Bitcoin in market capitalization. During an X Space hosted by ILLY (@Illyriannft), Schwartz was asked whether he believed XRP would eventually overtake Bitcoin. He questioned the mechanism behind such an outcome, asking whether it would come from a surge in XRP's price or a decline in Bitcoin's value.
Schwarz responded to his own question by stating that he 'honestly have to say, I think XRP surging is probably more likely than not.' This assessment carries significant weight, given Schwartz's background as one of the designers of the XRP Ledger and his previous explanation that XRP cannot remain at low prices.
The statement has sent shockwaves through the XRP community, with some commentators expressing confidence in Schwartz's views. One commenter noted that Schwartz's signals were 'clear', while another stated that he had essentially confirmed what the XRP community has long believed: that XRP would surpass Bitcoin through its own price surge rather than through Bitcoin's failure.