XRP Could Overtake Bitcoin in Value with $25 Trillion Price Surge

Ripple's former CTO, David Schwartz, has sparked debate in the crypto community by suggesting that XRP could surpass Bitcoin's market value through an 18-fold price surge.

The current market capitalization of XRP is around $87.25 billion, which is roughly 5.5% of Bitcoin's total market size.

To flip Bitcoin without it moving, XRP would need to increase in value by a significant margin, an 18-fold price surge, according to Schwartz's statement.

The technical charts for XRP show resistance between $1.43 and $1.46, with key support levels holding between $1.34 and $1.35.

Schwartz also defended the XRP Ledger against criticism from some traders who have labeled it a 'ghost chain' due to high volumes of automated transactions.