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Standard Chartered says XRP could overtake Ethereum. It’s a bold call, but how likely is it really? With XRP gaining regulatory clarity and Ethereum looking unshakeable, the battle for dominance is heating up. Let’s take a look at how realistic Standard Chartered’s prediction is.
XRP’s picture is mixed at best
XRP has seen a major comeback since November 2024, and progress has continued into this year.
In May, the SEC officially confirmed XRP as a non-security, cutting Ripple’s fine down to $50 million from $125 million. That’s 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 too. 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.
Source: IntoTheBlock
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
Ethereum’s still the engine room of crypto. 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.
Developers, investors, and institutions keep showing up too. 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.
Source: DeFiLlama
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 all puts ETH comfortably in the lead as the second most valuable altcoin with a market cap of $304 billion, compared to XRP’s $137 billion. 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
Remittix is aiming straight at the $194 trillion cross-border payments market and emerging as a potent XRP rival. 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.
The idea 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.
Remittix doesn’t need to overtake Ripple. It could simply outperform 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 lane, building tools designed for mass adoption with real potential for growth. In this market, the projects solving clear problems with simple, effective tools are the ones worth paying attention to. That’s where the real upside lives.
Discover the future of PayFi with Remittix by checking out their presale here:
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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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