Recently, there has been a surge of interest in XRP within the crypto community following the resurfacing of an old 2018 ranking chart. This report illustrates XRP's past position as a leader, surpassing Bitcoin in market capitalization.
XRP at the Top in 2018
An old chart resurfaced this week showing XRP at the top with a valuation of over $2.38 and a market cap exceeding $238 billion. However, this figure reflects its fully diluted valuation (FDV), not its true circulating market cap at the time. Crypto influencer XRP Avenger called on the community to monitor XRP, stating that the asset may surpass Bitcoin again.
From FDV to Real Market Cap
In March 2025, XRP shocked the market again by surpassing Ethereum’s FDV. Analysts noted that crossing the $200 million FDV mark was a significant achievement for XRP. However, the community is now focusing on real growth in the asset's actual market cap.
Can XRP Overtake Bitcoin?
Currently, Bitcoin holds a market cap of $2.39 trillion, meaning that for XRP to match this valuation, its price would need to exceed $40.3 per token. While this represents a significant challenge, market expectations suggest that such growth is not entirely out of reach.
The old market data regarding XRP serves as a reminder of its potential for growth in the future. Community interest in XRP remains robust, prompting discussions about its possible ascent over Bitcoin.
