Ripple Veteran Schwartz Predicts XRP Can Flip Bitcoin, But There Is a Catch

Ripple veteran David Schwartz has entertained one of the $XRP community’s most ambitious scenarios: $XRP eventually overtaking Bitcoin by market capitalization.

During a recent appearance on X's "Spaces," Schwartz argued that an $XRP “flippening” is possible, but he attached an important caveat to the prediction.

Such a scenario, according to the longtime $XRP Ledger architect and Ripple CTO emeritus, would be more likely to happen because $XRP surges than because Bitcoin collapses.

$XRP could potentially capture a disproportionate share of that growth because of characteristics such as transaction speed and greater functionality compared to Bitcoin.

The $XRP Ledger was designed from the outset as a faster and more scalable alternative to Bitcoin for payments.

It's all about perspective

Earlier this year, Schwartz recalled that even a rally to $0.25 seemed implausible to him when $XRP was trading at roughly $0.006.

Schwartz said that he sold some $XRP around $0.10 because the valuation already seemed extraordinarily high at the time.

He made a similar comparison with Bitcoin, recalling that $100 $BTC once seemed almost absurd.

At the same time, Schwartz stressed that such comparisons have an important weakness: $XRP's market capitalization today is vastly larger than Bitcoin's was when $BTC first crossed $100.