The cryptocurrency market is witnessing a significant shift in the race between Ethereum and XRP, as many experts provide new insights into the outlook for these two assets.
Charting Guy: ETH Has Regained the Advantage
Technical analyst Charting Guy recently shared his perspective on the market developments of ETH and XRP, stating that the current trend is far different from previous predictions.
According to him, by the end of 2023 and early 2024, XRP was once considered capable of surpassing Ethereum in market capitalization. However, the current picture has changed. Charting Guy revealed that he bought ETH in April 2024 at a price he considered near the bottom, and since then ETH has shown superior strength.
Currently, Ethereum is only about 10% away from its all-time high (ATH), while XRP – even if it increases 2.5 times its current price – still cannot reach a market capitalization equal to Ethereum at this time.
He recommends that investors should not be swept away by overly optimistic predictions, but instead hold both assets and allow the market to operate according to its natural cycle. Charting Guy also emphasized that ETH's breakout is something that “is due” and he timed his repurchase to take advantage of this upward momentum.
Bill Morgan: “XRP Will Not Surpass ETH in This Cycle”
Lawyer and commentator on digital assets, Bill Morgan, directly responded to Charting Guy's remarks, agreeing with the view that Ethereum will continue to maintain its leading position compared to XRP in the current phase.
Morgan stated clearly: “Not in this cycle. XRP will not surpass ETH.” This reflects his belief that ETH will remain dominant at least until the end of the current market cycle.
Ripple's Banking License Scenario – Does XRP Have a Chance?
The exchange continued when a user on X (Twitter), named Sherrie, asked Bill Morgan: “If Ripple obtains a banking license, could XRP then surpass ETH?”
Morgan answered decisively: “Not in 2025/this market cycle.”
This indicates that even a significant event like Ripple receiving a banking license will not be enough to change the market capitalization position between XRP and ETH in the short term.
Why ETH Still Maintains Its Dominance
According to the analysis, the positions of Morgan and Charting Guy are based on one fact: Ethereum currently has a significant advantage in terms of adoption, the DeFi/NFT ecosystem, and dApp development infrastructure. While XRP has strong potential in cross-border payment, along with community support and more favorable legal factors after recent victories, surpassing ETH requires more synergistic factors than just relying on isolated positive news.
Conclusion
Both Charting Guy and Bill Morgan expressed a cautious view: ETH will continue to maintain its leading market capitalization position compared to XRP at least until the end of the current market cycle.
This serves as a reminder to investors that in the cryptocurrency market, the position of an asset does not solely depend on technological potential or positive news, but is also the result of a combination of market capitalization, liquidity, infrastructure, and widespread acceptance. $ETH