Ripple’s XRP token is among the most widely used crypto assets on the market. 2025 was particularly bullish for XRP, especially after the settlement of the SEC vs Ripple lawsuit. XRP hit a new all-time high earlier this year after nearly seven years. While XRP has shown incredible growth, let’s discuss whether the popular crypto can pass Ethereum (ETH) to become the second largest crypto project by market capitalization.
Can XRP overtake Ethereum?
According to CoinGecko’s ETH data, Ethereum is the second largest crypto project, with a market cap of around $370 billion. XRP, on the other hand, is the fourth largest crypto project, with a market capitalization of around $131 billion.
Although XRP is expected to continue to grow in the coming years, it is unlikely to overtake Ethereum (ETH) anytime soon, if ever. However, consistent growth in adoption can lead to a dramatic increase in the project’s market value.
Both XRP and Ethereum have ETF vehicles for financial institutions. Ethereum (ETH) climbed to a new high earlier this year, thanks to large ETF inflows. XRP’s ETF has yet to show such a pattern.
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