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Here is How High Chainlink Must Rise to Overtake XRP

thecryptobasic.com

2 hour ago

Here is How High Chainlink Must Rise to Overtake XRP

Lately, conversations comparing Chainlink and XRP have taken over parts of the crypto community. However, how high would LINK need to rise to surpass XRP? Notably, Chainlink has been enjoying a new sense of optimism, while XRP’s sentiment has felt more cautious after weeks of trading around the $3 level. XRP and Chainlink Comparisons Gain Steam Amid this contrast in sentiments, several community figures have taken to comparing XRP with LINK. Market analyst Miles Deutscher suggested that Chainlink is one of the smarter plays this season. One of the reasons behind his sentiment is LINK’s adoption outlook in comparison with XRP. For years, many believed that XRP was destined for institutional adoption. I would argue that LINK, in many ways, has more traction in this sphere than XRP – and is a more logical bet (given the valuation), to capture upside to this narrative. — Miles Deutscher (@milesdeutscher) August 13, 2025 Yet, despite this large gap, XRP’s market cap is still about 12.1 times larger. As a result of this, Deutscher believes LINK offers more value at its current price. However, many traders argue these comparisons don’t make much sense because the two projects serve different purposes and can work together without stepping on each other’s toes. Even so, the comparisons haven’t stopped, and several Chainlink supporters are confident LINK will eventually pass XRP, despite the two sitting far apart in market cap rankings. How High Must Chainlink Climb to Surpass XRP? Right now, XRP trades at $3.27, giving it a market cap of $194.17 billion with a circulating supply of 59.3 billion tokens. This makes it the third-largest cryptocurrency. On the other hand, Chainlink trades for $23.64 with a market cap of $16.025 billion and a circulating supply of 678.09 million tokens, placing it in 11th place. Notably, for LINK to match XRP’s valuation, its market cap would need to jump by about 1,111% to hit $194.17 billion. If its supply stays close to 678.09 million, the price would have to reach roughly $286 per token. Interestingly, hitting that milestone would smash its previous market cap record of $22.8 billion from May 2021 and set a new all-time high well above its prior peak of $53.02. In the past week, LINK has pulled ahead of XRP in short-term gains, rising 40.67% compared to XRP’s 9.39% increase. However, looking at the bigger picture, XRP has had a stronger run. Since January, XRP is up 56.38%, while LINK has risen 18.17%. Over the last year, XRP has surged 424% compared to LINK’s 82%. Despite this, Chainlink’s recent momentum has caught attention. Recent Chainlink Momentum Boosting Sentiments Analytics firm Santiment reported that Chainlink activity is heating up. It recorded 6,463 active addresses, the highest in eight months, and 4,624 whale transactions over $100,000, a seven-month high. The platform also noted that social sentiment is overwhelmingly positive, with about 3.3 bullish comments for every bearish one, the most upbeat outlook since Feb. 1. Chainlink Seeing Improving Metrics | Santiment Recently, Chainlink community advocate Zach Rynes claimed that LINK has become what many people once thought XRP would be: a project working with the world’s biggest institutions to move onto blockchain. He suggested that while many saw XRP as the “banker coin” that might replace Swift, Chainlink has actually been partnering with major financial players, including Swift itself, to bring blockchain and tokenized assets into real-world use. Rynes admitted that the two projects don’t compete directly, with XRP being a blockchain and Chainlink acting as a bridge between blockchains and banks. However, he still claimed they share a similar narrative in people’s minds. Meanwhile, XRP community commentator Alex Cobb suggested that there appears to be a strange mood around XRP. He pointed out that XRP is just under its all-time high and is the top-performing asset year-over-year in the top 100, yet many traders are bearish and think LINK will surpass it. To him, this shows the $3 level is now XRP’s new normal, as it could surge further from here.

https://thecryptobasic.com/2025/08/14/here-is-how-high-chainlink-must-rise-to-overtake-xrp/?utm_source=CryptoNews&utm_medium=app