News
Public · Published
Former Ripple CTO Explains How XRP Could Surpass Bitcoin's Market Cap at This Price
Former Ripple CTO David Schwartz said XRP could eventually overtake Bitcoin in market capitalization. He said this would require XRP to grow faster than Bitcoin, not Bitcoin losing value, during an X Spaces discussion hosted by ILLY last week.
Published:
Updated:
What happened
Former Ripple CTO David Schwartz said XRP could eventually overtake Bitcoin in market capitalization. He said this would require XRP to grow faster than Bitcoin, not Bitcoin losing value, during an X Spaces discussion hosted by ILLY last week.
Confirmed
Global impact / market context
If XRP grows faster than Bitcoin, it could pull more investor money into XRP and related services. That may lift XRP-linked trading revenue and fees, while changing how investors split money between the two largest crypto assets.
Analyst inference
Bitcoin is the biggest crypto by market value, so flipping it is a high bar. Schwartz's condition means XRP must add value faster, which matters for investor positioning because a market cap change can shift fund flows and index weights.
Analyst inference
What to watch
- Watch whether XRP's market value grows faster than Bitcoin's over time. Schwartz said that growth gap, not a Bitcoin price drop, is the condition for XRP to overtake Bitcoin. Confirmed
- Watch for any new XRP-related product, partnership, or regulatory clarity that could speed up demand. Such proposals are not confirmed by the article and would need official announcements to verify. Proposed
- Watch XRP and Bitcoin trading volumes and fund flows, because faster money moving into XRP would be the visible sign of the growth gap Schwartz described. This is an inference from his stated condition. Analyst inference
Affected assets
- XRP — XRP
- USDC — USD Coin
- BTCUSD — Bitcoin USD (BTCFi)
- USDT — Tether
- BTC — Bitcoin
- TUSD — TrueUSD