With massive price gains, increased adoption, and a growing ecosystem, some analysts believe XRP flipping ETH is more than just speculation—it’s a real possibility.

XRP’s Surge: Outpacing Ethereum in 2024

Since November 2024, XRP has seen a remarkable price surge, reaching $3.39 last week, its highest level since 2018. While it has since consolidated, XRP continues to outperform most of the crypto market, including Ethereum.

One of the key indicators of this shift is the XRP/ETH trading pair, which measures XRP’s performance relative to Ethereum. Over the past few weeks, this metric has hit a 50-month high, signaling a growing preference for XRP among investors.

These developments have led Dom Kwok, former Goldman Sachs analyst and co-founder of Easy, to declare:

“High chance that XRP flips ETH very soon. Are you ready for a new world order?”

Kwok believes that XRP’s ecosystem, particularly its integration with tokenized real-world assets (RWAs), is driving its rapid expansion—a factor that could fuel further growth.

How XRP Could Overtake Ethereum

Currently, XRP’s market cap stands at $161.2 billion, with a 53% price gain since the start of 2025. Meanwhile, Ethereum has a market cap of $370 billion, but ETH’s price has dropped 7.8% this year.

For XRP to surpass Ethereum at its current market cap, it would need to hit $6.83 per token—a 115.5% increase from current levels. While ambitious, some analysts believe this is achievable:

• EGRAG Crypto has set a $7.50 price target, calling it the “Genuine Wake-Up Line” that could catapult XRP past Ethereum.
• Sistine Research recently stated that XRP surpassing Ethereum is “much closer than you think” based on market trends.
• EnterpriseGoCapital CEO Antony Welfare noted that XRP would need a 250% surge to flip Ethereum—a scenario that has happened before when XRP briefly became the second-largest crypto in September 2018.

Skepticism Remains: Ethereum’s Smart Contract Dominance

Despite the growing optimism, skeptics argue that Ethereum’s dominance in smart contracts and DeFi remains a massive hurdle. Ethereum is deeply entrenched in NFTs, decentralized applications (dApps), and institutional finance, making it a tough competitor to dethrone.

However, XRP’s focus on real-world financial applications—including bank settlements, tokenized treasuries, and cross-border payments—could position it as a serious challenger to Ethereum’s long-standing dominance.

Final Thoughts: Is an XRP Flippening Possible?

While XRP surpassing Ethereum may seem like a long shot, its momentum, increasing adoption, and expanding ecosystem cannot be ignored. Whether or not a flippening occurs, one thing is certain—XRP is experiencing a resurgence that has captured the attention of investors and analysts alike.