XRP vs Ethereum: A Harvard Engineer Explains Why XRP Will Overtake Ethereum
Harvard-educated computer scientist Austin King, co-founder of the Omni Foundation, has made a bold prediction: XRP could soon overtake Ethereum (ETH) in market cap. Speaking to the Good Morning Crypto podcast, King claimed that Ethereum is in a fragile position, while XRP is gaining traction as a main competitor.
King, who has worked extensively with both Ethereum and XRP, argued that Ethereum’s initial advantages are fading. The network once positioned itself as a deflationary asset, but that narrative no longer holds true.
The rise of layer 2 solutions, which mostly run on centralized servers, has weakened Ethereum's status as a decentralized and trustless system. This shift, according to King, makes Ethereum's long-term dominance uncertain.
XRP, for its part, continues to expand its use case in the real world in cross-border payments and tokenized assets. Unlike Ethereum, which faces high fees and congestion, XRP offers fast and cost-effective transactions.
While Ethereum has yet to surpass its previous all-time high, XRP has risen over 580% in the last three months, positioning itself as a serious contender.
Currently, XRP has a market capitalization of $140 billion, while Ethereum stands at $322 billion. If XRP were to rise to $6 per token, it could surpass Ethereum based on current market conditions. While this scenario is exciting for XRP holders, the real question is: are there even better opportunities than XRP at this moment?