Crypto market analyst Alex Cobb has suggested that XRP’s next major price surge could significantly shift dynamics within the cryptocurrency sector, potentially posing a challenge to Bitcoin’s long-standing dominance.
Cobb’s remarks come at a time when broader market sentiment remains uncertain. Despite recent corrections, XRP has managed to hold above crucial technical support zones, maintaining investor confidence amid volatility.
His comments came after an independent analysis by market observer Charting Guy, who examined XRP’s long-term price structure using Fibonacci retracement levels.
According to Charting Guy, XRP is currently hovering around the 0.888 Fibonacci retracement level near $2.44. The analyst identified a strong support range between $1.61 and $1.70, a zone that played a key role during XRP’s early 2021 price surge.
He described XRP’s market structure as fundamentally sound, dismissing claims that the asset was turning bearish. Instead, he suggested that XRP is consolidating before another upward breakout.
The next leg up on XRP will have Bitcoiners genuinely worried about their #1 spot
— Cobb (@Cobb_XRPL) October 14, 2025
If the token manages to move past the $3.31 resistance zone, the next Fibonacci extension targets could position XRP for significant gains. Based on current chart projections, these levels include $8.29, $13.38, and $26.63, indicating potential returns ranging from threefold to elevenfold from current prices.
At $2.50, XRP’s price would need a considerable rally to reach those upper targets, but doing so would give the asset an estimated market capitalization of around $1.6 trillion.
XRP’s Growth Could Stir the Bitcoin Market
Cobb remarked that such a development would likely raise concerns among Bitcoin investors, as a substantial XRP rally could draw capital and attention away from BTC. His comment implied that XRP’s next major move could reignite discussions about which asset leads the crypto market.
Currently, Bitcoin retains a commanding lead with a market capitalization exceeding $2.24 trillion. XRP, valued at roughly $149 billion, ranks as the fifth-largest cryptocurrency. While XRP briefly reclaimed the third position earlier this year, its market value has since declined, leaving a significant gap between it and Bitcoin.
The Long Path Toward Market Leadership
Before XRP could challenge Bitcoin’s dominance, it must first overtake several major cryptocurrencies. Binance Coin (BNB) currently leads XRP by roughly $15 billion in market capitalization, while Tether (USDT) sits about $30 billion ahead. Surpassing these assets is feasible based on past performance. XRP previously reached a $210 billion market cap, but the larger obstacle lies in overtaking Ethereum.
Ethereum’s current valuation stands near $500 billion, meaning XRP would need to triple in price to around $8 to match it. If Ethereum continues to rise, this gap would expand further.
While Cobb remains confident in XRP’s long-term potential, other analysts such as Charting Guy have voiced caution, acknowledging Ethereum’s own strong technical structure and positive outlook.
In theory, for XRP to surpass Bitcoin’s market value, it would need to appreciate by approximately 1,397%, reaching a price near $38, assuming Bitcoin’s value remains unchanged. This represents a substantial challenge in both the short and medium term.
Although the idea of XRP surpassing Bitcoin remains speculative, many in the XRP community continue to view it as a long-term possibility. Some projections suggest that if market conditions align, XRP could achieve this by 2030. However, others predict that Bitcoin may rise to $1 million by then, further extending its lead.
For now, XRP’s focus remains on sustaining its bullish structure and reclaiming higher resistance levels. Whether it can eventually compete with Bitcoin’s dominance will depend on how the market evolves in the coming years.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent the opinion of the publication. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk.