Can XRP Overtake Ethereum in Market Value by 2030?
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For XRP (CRYPTO:XRP) to surpass Ethereum (CRYPTO:ETH) in market value, it would need to rise to around $3.70, which is above its all-time high of $3.65 set on July 17, 2025. XRP trades at about $1.02 on November 13, 2026, having fallen 23.5% in the past month from a high of $1.37 on October 21.
During the same period, Ethereum has also slid, dropping 20.5% to $1,922 after a 24-hour low of $1,905, its lowest level since August 18. Investors have withdrawn significant amounts from U.S. spot Ethereum funds, totaling $145 million on November 11 and an additional $70.5 million the following day.
This downturn has reignited hopes among XRP supporters that it could exceed Ethereum’s market value, which is the coin’s price multiplied by its circulating supply. Questions have even arisen about whether XRP could eventually flip Bitcoin. So, can XRP overtake Ethereum by 2030?
XRP Needs to Reach $3.70 to Match Ethereum’s Current Value
Ethereum ranks second among cryptocurrencies with a market value of $235 billion, while XRP holds the sixth spot at $64.6 billion, which means Ethereum is about 3.6 times more valuable. With 63.5 billion XRP coins in circulation, XRP would need to climb to around $3.70 to equal Ethereum’s market value at current prices.
Even if XRP hit its previous peak price of $3.65, it would still fall short of Ethereum, with a market value of approximately $231.8 billion. That’s true even though Ethereum trades about 61.1% below its own all-time high, a gap we tracked in which coin reaches its all-time high first.
Moreover, XRP’s growing supply makes the climb harder. XRP’s maximum supply is capped at 100 billion coins, and Ripple gradually releases tokens from escrow, a locked reserve. XRP’s fully diluted valuation, which counts every coin as circulating, stands at $101.7 billion. At full supply, the matching price would be around $2.35, but buyers would still have to support XRP with roughly $235 billion in value to match Ethereum.
A rising Ethereum would also raise the bar. If Ethereum returned to its $4,946 all-time high, XRP would need about $9.52 with the current supply to match it. Our earlier look at what it would take to flip ETH by market cap ran the same supply math, as did our comparison of 1,000 XRP or 1 Ethereum by 2028.
ETF Money Favors Ethereum, and RLUSD Deals Add Little XRP Demand
Ethereum Funds Hold About 10 Times XRP’s Fund Assets
As of November 12, U.S. spot XRP exchange-traded funds (ETFs) have accumulated $1.79 billion in net inflows since their launch, according to SoSoValue, with $1.16 billion in assets. However, recent flows have cooled, with outflows of $10.4 million on November 9 and $7.6 million on November 10, followed by no net flow in the next two trading days.
In contrast, Ethereum funds have far more traction, with $11.5 billion in net inflows and $11.2 billion in assets, despite ongoing withdrawals. Given this disparity, XRP would probably need years of consistently stronger inflows to narrow the gap.
DriveWealth’s RLUSD Deal Adds Little Direct Demand for XRP
On October 14, DriveWealth, a brokerage technology firm, announced a partnership with Ripple to settle funds with RLUSD, Ripple’s dollar-pegged stablecoin, on the XRP Ledger. The initiative will initially roll out in Europe, with plans for expansion into the U.S. However, DriveWealth has not disclosed the expected settlement volume, and XRP Ledger transaction fees cost a fraction of a cent, so stablecoin activity adds little direct buying pressure on XRP.
Can XRP Overtake Ethereum by 2030?
We believe that XRP is unlikely to surpass Ethereum by 2030. To achieve this, XRP would first need to climb back to its 200-day moving average of $1.26. It would also need to recover its one-year peak of $2.35 from January 5, 2026, and finally exceed its all-time high of $3.65. Even with these milestones, Ethereum would also need to stay relatively flat in price for the $3.70 target to hold.
If XRP stays below $1.26 and fund flows remain flat or negative through 2027, the gap may widen as new supply leaves escrow. A clear sign of progress would be a weekly close above the 200-day average with renewed fund inflows, signals tracked in our five-year XRP vs. Ethereum comparison. And if DriveWealth’s U.S. launch comes with disclosed RLUSD volumes and XRP rises above $2.35, flipping Ethereum may become a serious discussion.
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Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.
