XRP Climbs as Ex-Ripple CTO Says Token Could Top Bitcoin
Ripple XRP price inched up by more than 1% in 24 hours, aligning with broader recovery in the crypto market on Saturday, driven by exchange-traded fund (ETF) inflows.
XRP was trading near $1.3672 on Saturday after fluctuating within the mid-$1.30 range during recent sessions. The token’s trading volume is up 28% in 24 hours to $3.2 billion as investors re-entered positions after a mild sell-off.
Broader market sentiment is soft. The global cryptocurrency market cap is modestly recovering, with total market capitalisation up 1.07% to $2.64 trillion over 24 hours.
Bitcoin is holding steady around $77,287, up 0.60%, while Ethereum is up 2.88% to $ 2,513. The market lost 4% over 24 hours on Friday as hotter inflation data and expectations of tighter US monetary policy weakened demand for risk assets.
Traders are closely monitoring XRP trading between $1.31 and $1.34. Holding this area could support a recovery towards $1.40–$1.50, while a decisive breakdown may expose XRP to further losses towards $1.25–$1.22.
Meanwhile, Ripple announced an expansion of its enterprise treasury platform involving governed artificial intelligence, XRP and the RLUSD stablecoin.
Although the announcement strengthens XRP’s longer-term utility narrative, broader economic conditions remain the main influence on its immediate price movement.
The short-term outlook therefore remains cautious and range-bound, with XRP’s next direction likely depending on whether buyers can defend the $1.31–$1.34 support zone.
On X Spaces, former Ripple CTO David Schwartz said $XRP could one day overtake Bitcoin if $XRP grows faster than Bitcoin. “I think it wouldn’t happen from Bitcoin shrinking.
Schwartz argued a larger overall crypto market could lift multiple top assets and highlighted XRPL’s technical advantages: it was built as a faster, more scalable payments network with higher transaction speed and functionality Bitcoin’s base layer cannot support.
It would happen from XRP growing faster than Bitcoin,” he said, adding he expects the digital-asset market to expand and that the XRP Ledger could capture more growth “because of its higher functionality and/or higher speed,” with users gravitating toward features “that Bitcoin can’t support.”
He also said, “I honestly have to say, I think $XRP surging is probably more likely than not.”
XRP previously surpassed Ethereum in late December 2017, when its market cap reached about $87 billion versus Ethereum’s roughly $72 billion.
XRP trades around $1.36 with a market cap near $85.65 billion; Bitcoin trades near $77,374 with a market cap around $1.55 trillion — roughly 18.1 times larger. While the gap remains large, XRP’s history shows it has made significant market-cap gains.
XRP Dips on High US Yields, Ripple Integrates AI into Treasury Platform
