XRP to Hit $16 and Surpass Ethereum by 2025

BitBoy, whose real name is Ben Armstrong, recently made an optimistic prediction about the price of XRP, predicting that it may reach $16 or even higher

Crypto influencer Ben Armstrong, also known as BitBoy, has predicted that XRP will soar past the $16 mark, potentially surpassing Ethereum in market valuation by 2025. This prediction is based on XRP's growing applications in the global banking and cross-border payments sector, which sets it apart from other crypto alternatives.

In a recent statement, Armstrong highlighted XRP's unique asset status, emphasizing its focus on liquidity and cross-border payments. He also noted that XRP briefly surpassed ETH in market valuation in 2018, a scenario he anticipates will occur again soon.

“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.”

Given these factors, Armstrong predicted that Ripple's native coin will fare better than all other cryptocurrencies during the next bull run. The increasing rivalry from Layer-1 blockchains, according to Armstrong, could also be a problem for Ethereum.

However, XRP's strong institutional alliance raises the possibility of a 25-30X price explosion. Even though he concedes that XRP's price has not experienced a substantial surge just yet, he claims that this will cause Ethereum's much-anticipated “flippening.”

In addition to the news that has already broken, Armstrong has brought attention to several important changes in the Ripple market that may cause the price of XRP to rise. For example, once Ripple's legal dispute with the SEC is resolved, he laid out a straightforward roadmap for XRP to overtake Ethereum.

Since the SEC did not contest XRP's non-security designation in its appeal, the crypto community has praised the latest developments in the Ripple SEC case, Coingape reports. Because of this, many are starting to believe that XRP will eventually be able to beat its legal challenges. Also, Ripple's chief legal officer, Stuart Alderoty, just made an observation about the probable conclusion of the XRP lawsuit.

Armstrong also mentions a future Ripple IPO and the eventual approval of XRP ETFs as factors that could propel the token's price increase. The increasing use of the cryptocurrency as a liquidity solution among the BRICS countries is another factor that he cites as contributing to its rising profile internationally.

Moreover, XRP's market position is being strengthened by Ripple CEO Brad Garlinghouse's comments on a wide range of XRP-related and other developments. In a podcast, Garlinghouse covered several important topics, including the launch of Ripple's stablecoin RLUSD, the XRP ETF, the Ripple SEC case, and more.

At the same time, the co-founder of Ripple just made a strategic move, which coincides with my prognosis. Take Chris Larsen's recent XRP gift of $10 million to Kamala Harris's campaign as an example.

This decision has drawn criticism from the crypto community, as the market expects Democrats and SEC Chair Gary Gensler to slow down crypto progress.

As of press time, XRP had dropped around 4% in price to $0.5354, while its trading volume had decreased by 5% to $1.12 billion. Following Elon Musk's mention of XRP, which sparked market speculations, the token reached a high of $0.5594 in the recent 24 hours.