XRP Needs a Massive Run to Overtake Bitcoin

Ripple's CTO Emeritus David Schwartz recently sparked debate when he said that XRP could eventually surpass Bitcoin in market value. However, according to him, this would not happen due to Bitcoin shrinking, but rather because XRP grows faster than Bitcoin.

XRP currently trades at $1.36 and has a market capitalization of between $85 billion and $89 billion, while Bitcoin's market cap is around $1.54 trillion to $1.58 trillion. To close the gap, XRP would need to grow to approximately 18 times its current value.

Schwartz noted that this growth would have to occur over several years, with XRP outperforming Bitcoin in terms of market capitalization for consecutive quarters. He also mentioned that payment volume on the XRP Ledger would be a key indicator of XRP's success.