Ethereum News Today: Ethereum Gains 7.69% as Experts Say XRP Unlikely to Overtake in This Bull Cycle

Recent developments in the cryptocurrency market have shifted expectations around XRP’s potential to overtake Ethereum in the current bull cycle. Legal expert Bill Morgan, a well-known pro-crypto attorney, has publicly stated that XRP is unlikely to surpass Ethereum in market capitalization during this cycle. His assessment aligns with observations from market analyst Charting Guy, who noted Ethereum’s strong performance since April as a key factor in altering the narrative around XRP’s potential [1].

Ethereum has been a standout performer, trading near its all-time high of $4,891 as of late 2025. At $4,704.31, the asset had risen 7.69% in the previous 24 hours. Analysts point to Ethereum’s upcoming Fusaka upgrade, scheduled for November, as a major catalyst for continued growth. This upgrade includes 11 Ethereum Improvement Proposals (EIPs) aimed at enhancing network speed and efficiency [1]. Additionally, growing interest from both retail and institutional investors has further fueled momentum.

Meanwhile, XRP has faced structural and market-based limitations that make it difficult to close the gap with Ethereum. Charting Guy estimated that XRP would need to reach $9.30 to overtake Ethereum in market cap, assuming Ethereum’s price remained unchanged—a scenario he described as unrealistic. Even if XRP tripled in value from its current level, its total market capitalization would still fall short of Ethereum’s [1].

Ripple Labs, the company behind XRP, has made progress in recent months, including the resolution of its long-running legal dispute with the U.S. Securities and Exchange Commission. The settlement has opened new avenues for corporate use of XRP and led to the company applying for a U.S. national trust bank license. This move is intended to support Ripple’s RLUSD stablecoin and facilitate developments in tokenized finance [1].

Despite these developments, XRP still lags significantly in total value locked (TVL) and ecosystem maturity compared to Ethereum. The XRP Ledger’s TVL is only $85 million, compared to Ethereum’s TVL ratio of 5.6 to XRP’s 2,200:1, highlighting a valuation imbalance [1]. Ethereum’s robust developer community, expanding smart contract ecosystem, and institutional backing continue to give it a competitive edge.

Market participants are increasingly focusing on Ethereum’s potential to reach new heights, with some analysts setting price targets as high as $22,000. This optimism is driven by Ethereum’s technical upgrades, growing adoption in decentralized finance (DeFi), and continued investor inflows. XRP, while showing signs of recovery, still faces challenges related to trust and ecosystem development [1].

As the 2025 crypto cycle progresses, both XRP and Ethereum are expected to see active participation from traders and investors. However, the current pace of Ethereum’s growth and the advantages it holds in infrastructure and market sentiment make it unlikely that XRP will surpass Ethereum in this cycle [1].

Source: [1] XRP News: Lawyer Reveals Why XRP May Not Overtake Ethereum This Cycle (https://coinmarketcap.com/community/articles/689cff1faa44a40f8119eab0/)