XRP Poised to Overtake Ethereum? Is a Market Flip Coming?
In the next three months, XRP might overtake Ethereum as the second-largest cryptocurrency asset, according to a market analyst. This occurs as Ethereum’s price has been declining since Q4 2024 and the altcoin is still underperforming the market as a whole. For example, following last November’s U.S. elections, the altcoin market increased by 55%, but ETH witnessed a less significant increase of 47%.
As the market pulls back more broadly, the altcoin market is now down 23.52% so far this year. On the other hand, ETH has plummeted 42.94% in the same period. In the midst of this chaotic time, the altcoin has also seen a significant decline in value since December in comparison to Bitcoin and XRP. XRP has fared significantly better in the interim, taking advantage of Ethereum’s recent poor performance to close the gap. XRP has outperformed Ethereum by around 256% since November 2024.
Ethereum Price Forecast Drops: Will XRP Seize the Opportunity?
Given the current state of the market, Edoardo Farina, a market analyst and the founder of Alpha Lions Academy thinks XRP could soon overtake Ethereum in terms of market capitalization. For comparison, with a market valuation of $229.4 billion, ETH remains the second-largest cryptocurrency asset despite its poor performance. However, Farina thinks XRP, which has outperformed the overall market over the last five months, would probably overtake the altcoin king. He said that throughout the following three months, this anticipated flip might take place.
Other prominent figures in the sector have also called attention to Ethereum’s dire market state, in addition to Farina. Recently, The Crypto Basic verified that Standard Chartered had reduced its optimistic Ethereum price forecast for the end of 2025 from $10,000 to $4,000. Interestingly, the updated number is less than Ethereum’s peak in 2021.
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