Pro-XRP Lawyer: Not This Cycle. XRP Will Not Overtake Ethereum (ETH)

He explained that in late 2023 and early 2024, XRP appeared to be on track to surpass Ethereum in market capitalization. However, he stated that this is no longer the case. Charting Guy revealed that he re-entered Ethereum in April at what he considered near its low point, and since then, the asset has demonstrated significant strength.

According to him, Ethereum is now only 10% away from reaching its all-time high, whereas XRP may have a maximum potential upside of approximately 2.5 times its current value. Even if such growth occurred, he argued, XRP’s market capitalization would still not match Ethereum’s present level.

He advised investors not to be swayed by overly optimistic predictions, recommending instead that they hold both assets and accept the market’s natural course. Charting Guy also emphasized that Ethereum’s recent outperformance was overdue and that he had timed his re-entry to capitalize on it.

Bill Morgan’s Response

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Prominent lawyer and digital asset commentator Bill Morgan responded directly to Charting Guy’s statement, making his stance clear. Morgan stated, “Not this cycle. XRP will not overtake ETH.” His comment signaled agreement with the general premise that Ethereum would maintain its lead over XRP in the foreseeable term, at least within the current market environment.

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This reinforced his earlier view, indicating that even a major development such as Ripple securing a banking license would not, in his opinion, be sufficient to shift the market capitalization standings between XRP and Ethereum before the end of the current cycle.

Morgan’s comments align with a cautious approach to market forecasts, underscoring that while XRP has strong advocates and potential catalysts, these factors alone may not be enough to surpass Ethereum’s market position in the short to medium term. His stance suggests a recognition of Ethereum’s entrenched market dominance, supported by its broader adoption and performance trajectory over recent months.

While XRP supporters often highlight potential institutional adoption, cross-border payment utility, and legal clarity following its recent regulatory outcomes, Morgan’s statements point to the broader reality that market dominance depends on a complex mix of factors.

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