The comparison between Ethereum (ETH) and XRP in terms of market supply and price potential is interesting. While ETH does not have a capped supply and still reached $4,000 per coin, it’s important to recognize that each cryptocurrency operates under different dynamics and investor expectations. Ethereum’s success has been driven by its foundational role in decentralized applications, smart contracts, and the broader decentralized finance (DeFi) ecosystem. This utility has helped ETH appreciate despite its unlimited supply.
On the other hand, XRP is designed for cross-border payments and liquidity, with a limited supply of 100 billion coins, of which a significant portion is held by Ripple Labs. The fact that XRP has utility in global finance could help it appreciate as well, but there are also factors such as regulatory concerns and market sentiment that influence its price. While it is theoretically possible for XRP to cross $1,000, as seen with ETH’s rise, it would require widespread adoption, reduced regulatory concerns, and strong market momentum. Additionally, XRP's history of regulatory challenges, including its ongoing legal battle with the SEC, adds complexity to its price trajectory.
Ultimately, the success of ETH’s price surge provides a potential roadmap for XRP, but it’s not guaranteed that XRP will follow the same path, especially given the differing use cases, market demand, and external challenges.