XRP Could Overtake Bitcoin Market Cap: Former Ripple CTO Weighs In
Ripple's XRP token might one day surpass Bitcoin in market capitalization according to David Schwartz, former Ripple CTO. However, Schwartz emphasized that this development would not come from BTC's decline but rather from the right conditions.
To put things into perspective, the current market leader has a massive market cap of $2.72 trillion, with XRP sitting at around 1% of that figure.
For XRP to overtake Bitcoin, Schwartz outlined that it would require significant growth in its market capitalization, likely driven by mainstream adoption and institutional investment.