Why Top Expert Predicts XRP Price To Hit $16 And Surpass Ethereum?

XRP price has been on the investors’ radar, especially amid a flurry of developments surrounding Ripple. Amid this, a renowned figure in the crypto market predicts the crypto will rally to $16, potentially surpassing Ethereum in its run. The expert has revealed several reasons supporting his claims, sparking optimism in the broader crypto market.

XRP Price Rally To Challenge Ethereum Dominance

Ben Armstrong, also known as The BitBoy, recently shared a bullish forecast for XRP price, saying that the crypto could hit $16 or higher. He believes that XRP will “flip” Ethereum by market cap by 2025, potentially hitting $16.50 and $22.

Notably, his bullish outlook comes from the growing use cases of Ripple’s native crypto in the global banking sector, which sets it apart from Ethereum and others. He stated:

XRP isn’t competing with ETH—it’s in a league of its own. While Ethereum fights off competitors, XRP is securing global banking partnerships. The future is set.

Meanwhile, this focus on liquidity and cross-border payments positions the crypto as a unique asset. Besides, BitBoy highlights that XRP briefly overtook ETH in 2018, a scenario he expects to repeat in the near future. Citing all these conditions, he said that Ripple’s native crypto has the potential to outperform every crypto in the upcoming bull run.

In addition, Armstrong said that Ethereum could struggle due to rising competition from Layer-1 blockchains. On the other hand, the strong institutional partnership of XRP could help it witness a 25-30X surge in its price. Although he admits that XRP has not yet seen a significant price run but says that when it does, it will lead to the long-anticipated “flippening” of Ethereum.

Market Optimism Amid Ripple SEC Lawsuit

Apart from the above-mentioned developments, Armstrong also highlighted key developments in the Ripple market that could propel the XRP price rally. For instance, he outlined a clear path for XRP to surpass Ethereum, starting with the resolution of Ripple’s legal battle with the SEC.

Notably, the crypto community has welcomed recent developments in the Ripple SEC lawsuit, particularly as the agency didn’t challenge XRP’s non-security status in its appeal. This has fueled confidence that XRP could soon emerge victorious from its legal ordeal. Besides, Ripple CLO Stuart Alderoty commented on the likely outcome of the XRP lawsuit recently.

In addition, Armstrong highlights the potential approval of XRP ETFs and a possible Ripple IPO as other driving forces behind the token’s upward trajectory. Furthermore, he also points to growing adoption within the BRICS nations as a liquidity solution, further enhancing the crypto’s global influence.

Besides, Ripple CEO Brad Garlinghouse also commented on several developments regarding XRP and others. For context in a podcast, Garlinghouse spoke about the Ripple stablecoin RLUSD launch, XRP ETF, Ripple SEC case, and other key aspects.

Meanwhile, this prediction also comes as Ripple co-founder made a strategic move recently. For instance, Chris Larsen recently made a $10 million donation in XRP to Kamala Harris’s campaign. This move has attracted criticism from the crypto community, especially as the market anticipates Democrats and SEC Chair Gary Gensler to hinder crypto innovation.

During writing, XRP price was down nearly 4% to $0.5354, with its trading volume declining 5% to $1.12 billion. Notably, the token touched a high of $0.5594 in the last 24 hours, especially after Elon Musk mentioned XRP, sparking market speculations.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.