XRP Price Action Sparks Debate on Potential Ethereum Rivalry

XRP's price is gaining attention as some believe it might challenge Ethereum in the rankings.

Technical Patterns and Market Analysis

A chart from 2013 to 2025 shows XRP following symmetrical triangles and long consolidations, ending in rallies.
The first phase (2013-2017) saw a surge over 70,000%.
The second phase (2018-2024) showed a descending pattern with a breakout nearing the end of 2024, yielding around 600% gains.
Currently, XRP is within a range between $2.60 and $2.80 after rejection at $3.66.

Community and Market Dynamics

Alex Cobb speculates the next rise could make XRP an "Ethereum killer."
XRP's market cap is approximately $147 billion, compared to Ethereum's $480 billion.
XRP needs a 230% increase to surpass $8 and potentially overtake Ethereum if ETH remains stable.
Market conditions such as money flows, macro events, and network updates influence price movements.

XRP's potential for growth is tempered by existing gaps in market cap and the unpredictable nature of crypto markets. Historical patterns provide context but not certainty.