The Market Capitalization Race Between XRP And Ethereum: Charting Guy Changes Perspective

The cryptocurrency market has recently witnessed a notable shift in viewpoint from the famous analyst Charting Guy (@chartingGuy) regarding the long-standing race between XRP and Ethereum (ETH) for the leading market capitalization position. If by the end of 2024 and the beginning of 2025, many signals once suggested that XRP could "overthrow" ETH, currently, Charting Guy believes that this scenario is unlikely to happen in the short term. "I bought ETH in April when the price was near the bottom, and since then ETH has shown outstanding strength, currently only about 10% away from the historical peak (ATH)," he shared. "Meanwhile, the growth potential of XRP is at most only about 2.5 times, and even if it is achieved, the market capitalization still cannot surpass ETH at this time." He also gave advice to investors: "Don't listen to the 'moon boy' hype. Hold both, wait comfortably, and let the market unfold as it will."

Community Reaction: Stifled or Natural Growth? The post quickly became a hot topic of debate. Supporters of XRP argue that the currency has been "suppressed" for many years. User Gvtsby (@B3antown_Rich) states that ETH benefits from favorable conditions and strong participation from financial institutions, while XRP is preparing to enter a breakthrough phase: "The shackles have been removed. With the upcoming ETF and a host of other supportive factors, XRP is poised to create one of the largest ROIs in market history." Supporters of ETH or neutrals argue that Ethereum's current advantage is hard to reverse. However, there are still voices believing in the long-term victory of XRP. Ben Bauer (@DropOutEcon) argues that:

"It may not be this cycle, but there will come a time when XRP surpasses ETH. ETH currently shares many similarities with the traditional financial system, which has many frictions. Perhaps this is also the reason why J.P. Morgan is quietly holding, as the bank can profit from this very friction." Market Context Ethereum (ETH): Approaching its historical peak, benefiting from strong institutional interest and the overall upward trend of the market. Over the past 7 days, ETH has increased by 27.44%, reaching 4,734 USD, with a market capitalization of 571 billion USD. XRP: Still affected by ongoing legal issues, but expected to gain new momentum from the potential approval of ETFs and expanded applications. During the same period, XRP only increased by 7.81%, reaching 3.23 USD, with a market capitalization of 191 billion USD. The current market capitalization gap shows that XRP needs a very strong growth to "overthrow" ETH, something that even the most optimistic believe is difficult to happen in this cycle. Conclusion Charting Guy's new perspective reflects the evident strength of ETH at the current time, while XRP remains a long-term potential asset but requires many supporting factors to break through. The debate between the two communities will continue, and regardless of the scenario that unfolds, both ETH and XRP will continue to play important roles in the overall picture of the cryptocurrency market.