TL;DR

• One analyst believes XRP could flip ETH driven by potential factors like a favorable Ripple v. SEC outcome and an ETF approval.
• Others, though, expect a possible 12% pullback.

XRP to Flip ETH?

Ripple’s XRP is among the very few leading cryptocurrencies whose prices are down year-to-date (YTD). Currently, it trades at around $0.52, representing a 15% decline compared to the figure observed on January 1. 

Nonetheless, plenty of bullish analysts believe XRP is about to catch up with the market’s pace and record impressive gains. One of the optimists is Ben Armstrong, better known on X as BitBoy.

Recently, he predicted that the market capitalization of Ripple’s native token may surpass that of Ethereum (ETH). He based his wild forecast on the assumption that XRP has no competitors. On the other hand, BitBoy said Ethereum’s rivals have increased lately, naming Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT) as some examples. 

The analyst thinks ETH still has a chance to experience a substantial resurgence sometime next year, but he doesn’t see its market cap exceeding $1 trillion (the current capitalization stands at a little over $300 billion).

Moving on to XRP, he envisioned a price explosion to as high as $22. Such a rally would put