What If XRP Becomes No. 2 Crypto by Market Cap, Here’s Its Potential Price
May 9, 2025
If XRP becomes the second-largest crypto asset by market cap amid the current market environment, its price will have surged 111%.
The crypto market is currently witnessing a resurgence amid the Bitcoin (BTC) spike above $100,000 yesterday. XRP has followed suit, albeit at a slower pace, soaring over 7% in the past week to change hands at $2.37. This has pushed XRP’s market cap to $138.97 billion at press time, as it maintains the fourth spot among the largest crypto assets.
XRP Looking to Transcend Its Fourth Position
At the current position, XRP is merely $10.79 billion away from surpassing stablecoin USDT’s $149.76 billion valuation to reclaim the third spot. Notably, with its circulating supply steadying at 58.55 billion tokens, should XRP soar by an additional 8% from the current level to $2.56, it would overtake Tether.
However, the XRP community is more interested in claiming the second spot, as they already expect the asset to reclaim this third spot soon. Since November 2024, XRP has eyed the second position, but despite its massive uptrend, rallying nearly 600% to $3.3 in January 2025, it has failed to reach this milestone.
This is largely due to Ethereum’s comparative increase within this period. While XRP has largely outperformed Ethereum with a 385% gain since November 2024, ETH has observed occasional upsurges that have ensured it maintains its spot as the second-largest crypto asset.
Now, with Ethereum’s impressive 33% spike over the past seven days, as it reclaims $2,400 for the first time since March, the altcoin king has massively increased the gap between its market cap and XRP’s valuation.
XRP Price if It Becomes #2 Crypto by Market Cap
Currently, XRP boasts a market cap of $138.97 billion, while Ethereum’s valuation sits at $291 billion. At this position, XRP would need to add a whopping $152 billion to its market cap before it can surpass Ethereum. However, the question remains: by how much must XRP price surge to achieve this feat?
Notably, at the current valuation of $138.97 billion, the XRP price sits at $2.37. For the asset’s valuation to increase by $152 billion to the $291 billion mark, its price must increase to $4.97 or $5, essentially a new all-time high. From the current price, XRP would need to rise by an additional 111% to claim the $5 mark.
Interestingly, multiple analysts have predicted XRP to claim the $5 price. Particularly, in February 2025, market commentator Dark Defender called attention to an ABC correction, suggesting XRP could target $5 to $8 once it is completed. Last December, Vincent Van Code also predicted a rise to $5 in February, but this failed to materialize.
XRP’s journey to $5 might take longer. However, it remains to be seen if Ethereum’s market cap will rise further, demanding a greater price for XRP to eventually surpass it. Notably, XRP was at some point the second-largest asset in the market, especially in 2017. However, it eventually slipped, with ETH gaining ground amid XRP’s seven-year underperformance.
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