Since its launch in 2009, Bitcoin (CRYPTO: BTC) has reigned supreme as the world’s top cryptocurrency. It now has a market cap of $1.7 trillion, nearly 5 times that of Ethereum (CRYPTO: ETH), its next closest competitor.
Standard Chartered sees XRP at $12.60 by 2028, but two conditions must be met first and neither has happened yet. Whether XRP even reclaims its 2026 opening price depends on a supply dynamic most investors are ignoring.
It’s remarkable how dominant Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have been over the past decade. Back in 2016, they accounted for a whopping 90% of the crypto market’s total market cap. Today, they still account for a combined 70% of the crypto market cap.
