Could XRP Overtake Ethereum? Here's What the Data Shows

With XRP gaining regulatory clarity and Ethereum looking unshakeable, the battle for dominance is heating up.

Standard Chartered's prediction of XRP overtaking Ethereum is a bold one, considering the two tokens operate in fundamentally different spaces and target diverse audiences. While XRP is largely focused on cross-border payments and has seen a recent surge due to regulatory clarity, Ethereum is already a DeFi powerhouse with a huge and loyal community.

Chart: IntoTheBlock

To understand how likely this scenario is, let's break down the picture for both tokens.

XRP: Picture mixed at best

XRP has seen a major comeback since November 2024, with progress continuing this year. In May, the SEC officially confirmed XRP as a non-security, cutting Ripple's fine down to $50 million from $125 million. This unlocked fresh interest from institutions and cleared the runway for wider adoption.

XRP futures ETFs were recently debuted, and spot ETF applications are now on the table. However, despite an 83% chance of a spot XRP ETF this year, as per Polymarket, the SEC has delayed its decision to scrutinize the applications further.

This all comes in the wake of Standard Chartered's prediction that XRP would flip Ethereum at the start of April. It sees XRP in a prime position to dominate tokenization and cross-border payments, sending XRP's price to $12.50 by 2028 and causing XRP to flip ETH.

However, behind the scenes, things aren't as bullish as they seem. Daily transactions on the XRP Ledger are only slightly above their 2023 levels, typically clocking in around 1.5 million vs 1 million in 2023. Likewise, around 3,500 new accounts are added daily, compared to Ethereum's recent 143,000 in a single day.

Ultimately, regulatory clarity and institutional adoption will be critical. But, unless the best-case scenario is realized for XRP, a flip by 2028 seems unlikely.

Ethereum's reign looks set to continue

After the Pectra upgrade went live on May 7, over $3.8 billion in new capital poured into the network, pushing its realized cap to $244.6 billion.

This makes it the third most valuable realized chain in crypto, trailing only Bitcoin and realized Web3. At the same time, we're seeing huge interest from developers, investors, and institutions. Unlike XRP, spot ETFs are already live, and big players are piling into the token; whales have snapped up 450,000 ETH in the past month alone.

This aligns with the narrative of shifting tides in crypto, moving away from speculation and towards real-world utility.

Ethereum still dominates the DeFi space by a huge margin. There's $63.75 billion locked on-chain right now, up over 40% in the past month, and far surpassing Solana's $9.24 billion.

This puts ETH comfortably in the second place on DeFi Llama's Top Chain leaderboard, pulling ahead of Solvency in the process.

At the end of the day, XRP's price rocketing 500% would mean ETH rising alongside it, and as long as Ethereum's network continues to grow, it should be able to fend off a flip.

Remittix offers a real-world use-case

Aiming straight at the $194 trillion cross-border payments market and emerging as a potent XRP rival is Remittix. It allows users to instantly convert over 40 cryptocurrencies into fiat and send funds to any global bank account, designed as a frictionless crypto-to-fiat off-ramp. For businesses, the Remittix Pay API makes accepting crypto easy, settling directly into fiat with over 30 fiat currencies and 50 crypto pairs.

This offering, together with Remittix's vision for revolutionizing the way we move value, has resonated with early investors, who've piled in over $15.2 million into the RTX token presale. Now, with more than two-thirds of tokens gone, a $250k Gleam competition running, and a fully audited smart contract, excitement is ramping up.

While Remittix isn't attempting to overtake Ripple in its existing domain, it could outmaneuver it by offering a clearer, cheaper, and more flexible way to move money worldwide.

XRP vs Ethereum: The fight is on

XRP's future looks brighter with regulation behind it, but flipping Ethereum is a tall order. Ethereum keeps growing, scaling, and locking in real-world value. Meanwhile, Remittix is carving out its own