XRP could shatter multiple records in the crypto space should its price double from its current position.
XRP posted a commendable price movement on Monday, approaching $2.70 for the first time since February. Specifically, XRP soared by approximately 13% from an intraday low of $2.3515 to touch $2.6549 yesterday.
When considering XRP’s low of $1.61 just a month ago, reaching the $2.6549 level marks a comeback of approximately 65%. Notably, the impressive one-day movement on Monday followed the news of a U.S.-China tariff breakthrough.
Amid the surge, XRP briefly reclaimed the position of the third-largest crypto asset from Tether’s USDT, with a market cap reaching $152 billion. However, a brief correction ensued, and XRP lost the position. Meanwhile, XRP is recovering swiftly, surging 4% today and trading at $2.50 at press time.
With the ongoing XRP bull run, market commentators are highlighting how the coin could set new records should its price double.
XRP to Break Multiple Records with Doubling Price
In a tweet, widely followed YouTuber “The Modern Investor” pointed out that XRP could become the second-largest crypto again should its price double. At the time of the post, XRP was trading at $2.60, already above USDT, standing behind Ethereum, which was trading with a $300 billion market cap.
Indeed, if XRP posts a 100% surge from that point, with Ethereum remaining relatively stable, the asset could make history again and become the biggest altcoin, trailing only Bitcoin after dethroning Ethereum.
If XRP doubles, it becomes the number 2 coin in the market again. pic.twitter.com/JGPE55EbYB
— The Modern Investor (@ModernInvest) May 12, 2025
Notably, XRP doubling from here would mark a new all-time high, as it would be trading at $5.20. Interestingly, the last time XRP traded at an all-time high, around seven and a half years ago, it was the second-largest crypto, with Ethereum in third position. At the $5.20 price, XRP’s market cap would sit at $304 billion, slightly edging out Ethereum.
Industry Forecast for XRP-Ethereum Flip
Many industry commentators have forecasted XRP’s flip of Ethereum this season. Confidence in this projection grew significantly since late last year, as XRP’s price expanded almost sixfold, while Ethereum mostly remained at the same level. This led some commentators like Edoardo Farina to issue a bold timeline that XRP could overtake Ethereum in 90 days.
Moreover, considering the surge in interest from institutional asset managers—over ten of them seeking XRP ETFs—confidence in XRP’s performance over ETH has only further heightened.
According to attorney John Deaton, XRP has more appeal to Wall Street than they are willing to admit. He believes XRP will flip Ethereum by end of this year.
Interestingly, in a report, WisdomTree, a $100 billion asset manager, highlighted XRP as a suitable companion to Bitcoin for investment strategies.
Meanwhile, some analysts have argued that XRP could even rival Ethereum and Solana in their flagship DeFi space.
Skepticism Remains
Meanwhile, not everyone shares optimism about XRP. In response to The Modern Investor’s post projecting XRP’s flip of Ethereum through doubling its price, some commenters doubted it. According to them, it would remain a matter of “ifs” and “whens,” rather than a reality.
On the other hand, optimists like X user Cedric Beau countered that the more XRP’s price expands, the more painful it will be for those who dismissed its potential.