The former CTO of Ripple recently stated in a X Spaces discussion that XRP may surpass Bitcoin in market value in the future. However, he emphasized that if such a change does occur, it is more likely due to the faster growth of XRP rather than a significant decline in Bitcoin.
Based on the current market value, it is estimated to be around $25.
The article cites data from CoinCodex which states that the current market value of Bitcoin is approximately 1.58 trillion US dollars, while the market value of XRP is about 88.9 billion US dollars. The former is about 17.7 times that of the latter, indicating a significant gap between the two.
Calculated based on a circulation of approximately 62.74 billion XRP, if the market value of Bitcoin remains unchanged, XRP would need to reach the same market value as Bitcoin, which corresponds to a price of around $25.10. In contrast, the current price of XRP is in the range of $1.42 to $1.44.
In 2018, it was close to 40% of Bitcoin's value.
Looking at historical data, XRP has not never been close to this position. On January 1, 2018, the market value of XRP was approximately 92.6 billion US dollars, while Bitcoin was around 229.1 billion US dollars at that time, meaning XRP accounted for about 40% of Bitcoin's market value.
However, according to the latest data in the text, XRP's current market value is only about 5.6% of that of Bitcoin. This means that even though its performance has been relatively strong recently, the gap in scale between the two is still much higher than it was during the peak of the previous cycle.
XRP ETF The cash flow is still increasing.
The article also mentions that regulated XRP investment products have maintained a strong ability to attract funds recently. XRP ETF recorded a maximum net inflow of approximately $110.49 million in a single week in 2026, with a cumulative net inflow of about $1.66 billion.
Institutional participation is also expanding. Disclosed information shows that Goldman Sachs is currently the largest holder of XRP ETF, with a position of approximately 87.4 million US dollars. At the same time, the long-standing litigation between Ripple and the US Securities and Exchange Commission has come to an end, which also clarifies the regulatory environment for XRP in the US market.
Overall, this statement is more in line with a judgment of long-term possibilities rather than short-term price forecasts. Based on the current market capitalization structure, for XRP to catch up with Bitcoin, it still needs to fill a gap of about $1.49 trillion in market capitalization.
