XRP Up 16% In 7 Days: Could It Temporarily Flip Ethereum Or Even Bitcoin?

XRP, the native cryptocurrency of the Ripple network, has surged by 16% in just 7 days, raising questions about its potential to temporarily flip Ethereum or even Bitcoin in market capitalization. This sudden price increase comes amidst a backdrop of regulatory clarity and growing market interest in the digital asset.



The recent price surge can be attributed to several factors, including market activity and volatility, breakout from range, bullish breakout potential, analyst predictions, and market capitalization comparison. XRP's price action has been relatively subdued, oscillating in the $2-$3 range, but a recent surge to $2.6 has sparked renewed interest in the cryptocurrency. Analysts have predicted a significant price surge for Ripple, suggesting that XRP's "BIG BIG BIG reckoning" could be imminent. Additionally, the market capitalization comparison tool shows that XRP's price with the market cap of Bitcoin is $34.12, indicating a significant increase in value compared to other assets.

However, it is highly unlikely for XRP to temporarily flip Ethereum or Bitcoin in market capitalization in the near future. As of 2025-01-15, Bitcoin has a market capitalization of $34.12 billion, Ethereum has $278 billion, and XRP has $32.5 billion. The gap between XRP and these two cryptocurrencies is significant, making it challenging for XRP to surpass them temporarily. Additionally, Bitcoin and Ethereum have been widely adopted and integrated into various industries and platforms, contributing to their market capitalization and making it difficult for XRP to catch up.

Regulatory developments, particularly the SEC's stance on XRP, have significantly impacted its price trajectory. The SEC's initial lawsuit against Ripple Labs in December 2020 led to a substantial decline in XRP's price, as many exchanges delisted the cryptocurrency. However, the market responded positively to the July 2023 ruling by Judge Analisa Torres, which determined that XRP is not a security in retail transactions. This decision led to a 75% price surge, with XRP reaching a peak of $0.93. The ongoing appeal process is expected to bring further volatility to XRP's price, with potential resolution in Q2 2024.

In conclusion, XRP's recent 16% price increase in just 7 days has sparked speculation about its potential to temporarily flip Ethereum or even Bitcoin in market capitalization. While the cryptocurrency has gained regulatory clarity and market interest, it is unlikely to surpass these two giants in the near future due to the significant gap in market capitalization, adoption, and integration. As the legal uncertainty surrounding XRP diminishes, investors are more likely to view it as a viable investment option, potentially leading to an increase in its price. However, any negative regulatory developments could negatively impact XRP's price trajectory.