The discussion surrounding XRP has intensified recently, driven by its ecosystem expansion, interest in Spot XRP exchange-traded funds (ETFs), and burgeoning market enthusiasm. However, despite this upward momentum, XRP remains significantly behind Bitcoin, the leading cryptocurrency by market capitalization. This disparity prompts an essential query: what price must XRP reach to effectively flip Bitcoin?
Currently, Bitcoin commands a market valuation of approximately $1.84 trillion, solidifying its position as a titan within the cryptocurrency landscape, and placing it ahead of numerous major corporations globally. In contrast, XRP is trading near $2.14 and has a market cap of around $128.7 billion. This indicates that Bitcoin is valued more than fourteen times greater than XRP.
To achieve a market capitalization equivalent to that of Bitcoin, XRP would need to escalate to a price of $30.61 per token, as calculated by MarketCapOf. This figure represents the “flippening price” that illustrates the direct correlation between the two cryptocurrencies” market caps. Moreover, should XRP aspire to reach the all-time high market cap of Bitcoin—which peaked at $2.485 trillion on October 6—its price would need to soar to about $41.26.
This analysis underscores the considerable gap that still exists between the two assets. At present, XRP represents roughly seven percent of Bitcoin“s overall market valuation, suggesting that XRP must appreciate significantly—over fourteen times its current price—to achieve parity.
For instance, an investor holding 1,000 XRP would see their investment grow from approximately $2,140 to more than $30,000 if the asset reached the $30.61 mark. This straightforward valuation exercise does not take into account potential changes in circulating supply, tokenomics, or broader economic factors, focusing solely on market capitalization.
Despite the hurdles, recent developments within the Ripple ecosystem, including new partnerships and acquisitions, have generated increased activity. Additionally, the expanding dialogue around Spot XRP ETFs could enhance liquidity in the market, particularly with significant players like BlackRock, Fidelity, and Grayscale potentially entering this space. The latest addition to this landscape is Bitwise, which has recently launched its Spot XRP ETF.
