David Schwartz Predicts XRP Could Overtake Bitcoin by Market Cap
David Schwartz, former Chief Technology Officer of Ripple, stated that XRP could potentially surpass Bitcoin in market capitalization. During a recent discussion, Schwartz affirmed the possibility of a 'flippening,' emphasizing that it would not result from Bitcoin's decline but from XRP's faster growth. He suggested that as the digital asset market expands, leading cryptocurrencies could increase in value collectively rather than competing for a fixed capital share. Schwartz highlighted the technical advantages of the XRP Ledger, which was designed to be a faster and more scalable payment network than Bitcoin, capable of attracting users seeking more than just a store of value. Historically, XRP has previously closed significant gaps, briefly becoming the second-largest cryptocurrency by market cap in late 2017 and early 2018. Currently, Bitcoin trades around 77165 dollars with a market cap of approximately 1.54 trillion dollars, while XRP is at 1.35 dollars with a market cap of about 85 billion dollars, making Bitcoin roughly 18 times larger. To match Bitcoin's valuation, XRP would need to reach around 24.50 dollars, assuming Bitcoin's market cap remains stable. Schwartz's comments reflect a conditional possibility based on technological strengths and market expansion, rather than an imminent collapse of Bitcoin.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

What You Thought Was a Safe Compliance Check Actually Handed Your Assets to Hackers

Oil Crisis: 5 Reasons Why the Surge Won't Stop

ESMA Warns of Growing Links Between Crypto and Finance

How to Calculate Bitcoin Profit for Beginners Easily - Fintech World
![[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"](/public-static/10_5acc261b9b.png?format=avif)
[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"

Can Bitcoin Be Bought with Rp50,000? Here's How - Fintech World

Anthropic: The Report That Implicates Claude, Between Missiles, Espionage in Mali, and Chinese Pillaging

JPMorgan Bullish on Meta: Muse, Model API, and Subscriptions Support $820 Target Price

Russia to require tax IDs for opening crypto depository accounts

Mr&强 Summarizes the Latest Progress of the TermiX Project

How to Raise iPhone Prices Without Hurting Sales? JPMorgan Analyzes Apple's 'Installment Strategy'

Robinhood is Trading Fruit Flies, Solana is Trading Cats

Wells Fargo CEO Claims the Clarity Act May Harm the Financial System?

What is Fibonacci retracement? Trading Minute

Ukraine has lost half of its warehouses: co-owner of the chain talks about the retail situation and risks of shortages

Bitcoin Adoption Boosts Sales by 19%! Iconic U.S. Restaurant "Steak 'n Shake" Achieves Double-Digit Growth

RWA Perpetual Futures Trading Volume Reaches $120 Billion, Increasing 120 Times in One Year

What AI Trading Needs is a Managed Workflow, Not Just Answers

Teacher's Day: How Much Teachers Earn in Argentina and Which Province Pays the Best

BIT Trust White Paper 2.0 Released... Presenting a Secure, Compliant, and Verifiable Trust System

Kaia Secures Wallet and Payment Network in Japan for Stablecoin Usage

OpenAI Launches Financial Services-Specific ChatGPT, Replacing 100-Hour Wall Street Banker Tasks

Variational Swap Records $2.8 Billion in Trading Volume Within a Week of Launch

Oracle Surpasses Revenue with AI: What Explains the Turnaround

US Clarity Bill: Senator Cynthia Lummis Publishes Revised Version Before Vote

Solana Launches Prediction Market Amid Technical Hurdles

Solana Breaks Records, But Its Daily Revenues Make the Difference

Iran Rebuilds Missile Power... "Capable of Producing Hundreds to Thousands" - WSJ

DZI Linked to an Offer of 3.1 Million Identity Records








