A crypto analyst now predicts XRP will flip Ethereum soon, making it the second-biggest asset on the market.
Financial commentator Zach Rector has made a bold prediction regarding XRP, asserting that it will once again surpass Ethereum to become the second-largest cryptocurrency.
Rector shared this forecast in a post on X, declaring, “XRP [is] going to flip ETH again.”
He included a brief video featuring optimistic remarks from Ripple CEO Brad Garlinghouse, who expressed confidence in XRP’s prospects under a Trump-led administration. Garlinghouse praised XRP investors for their patience during what he described as a ‘frustrating journey’ over recent years.
He noted the significant changes that have occurred since XRP was last the second-largest cryptocurrency by market cap.
Garlinghouse reflected on the challenges XRP has faced, mentioning that it has been six years since the SEC began its involvement in the crypto space, selecting winners and losers.
He highlighted that the SEC lawsuit against Ripple has been ongoing for more than four years.
As a result of these issues, XRP has fallen from its previous rank, currently sitting as the seventh-largest cryptocurrency with a market cap of $31.38 billion.
However, Garlinghouse remains hopeful that the regulatory challenges facing XRP may soon be resolved.
He envisions a bright future for the cryptocurrency, especially with a potential shift in the market following Trump’s re-election.
Many crypto enthusiasts are optimistic about Trump’s presidency, believing it could lead to clearer and fairer regulations.
Notably, Trump has indicated plans to fire SEC Chair Gary Gensler on his first day in office and replace him with someone more supportive of crypto.
Through these changes, Trump aims to position the United States as the leading hub for cryptocurrency by establishing clear regulatory guidelines that could attract international investors and developers.
As the regulatory landscape becomes more favorable, Garlinghouse believes XRP’s future looks encouraging, with Rector suggesting that XRP could indeed surpass ETH once more.
In a subsequent video, Rector speculated that the SEC v. Ripple lawsuit, which has significantly impacted XRP’s performance for the past four years, could be resolved with new SEC leadership.
He referenced insights from pro-XRP lawyers like Jeremy Hogan and Fred Rispoli, who predict a high likelihood of a settlement soon.
“XRP has been set free. No more excuses. Let it fly, let it breathe! This is our time,” Rector proclaimed.
Currently, with XRP valued at $35.65 billion and ETH at $405 billion, XRP would need to surge by over 1,060% to reclaim its position as the second-largest cryptocurrency.
This would raise XRP’s price from its recent sustained price of $0.5536 to $6.42 per token.
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