Former Ripple executive David Schwartz argues that XRP could overtake Bitcoin through superior adoption and ledger growth, though the asset would need to reach $24.97 to match Bitcoin's current market cap.
Ripple CTO Emeritus David Schwartz stated XRP flipping Bitcoin is 'probably more likely than not' if XRP grows faster, though the required 18x price increase to $24.50 remains highly speculative.
Bitcoin is mentioned as the benchmark for XRP's potential flip, with no direct impact on its own fundamentals.
Ripple CTO Emeritus David Schwartz suggests that XRP could eventually surpass Bitcoin in market capitalization if the asset experiences faster growth within an expanding digital asset market. Achieving this milestone would require an 18-fold price increase to approximately $24.97, a target that remains highly speculative given the current $1.48 trillion valuation gap between the two cryptocurrencies.
According to David Schwartz, XRP would need to grow at a significantly faster rate than Bitcoin within an expanding crypto market to close the current $1.48 trillion valuation gap.