XRP vs BTC: key numbers
XRP as a percentage of Bitcoin. 100% means XRP has caught up. Data as of .
| Metric | Now | 1 year ago | Peak | Data since |
|---|---|---|---|---|
| Market cap | 4.5% | 7.2% | 10.6% Jun 22, 2019 | Jun 2019 |
XRP vs Bitcoin
Of all the races XRP is in, this is the one the daily data answers most plainly. On every close since June 22, 2019, Bitcoin's market cap has been more than nine times XRP's. Even on its best day here, XRP would have needed to grow more than ninefold, with Bitcoin standing still, to draw level.
How close XRP has come
The peak on this page, 10.6% on June 22, 2019, is the first day of the series, so read it as a starting point rather than a high. XRP's best close since then was 9.4% on January 16, 2025, at the end of a run that began at 2.0% on June 7, 2024. The low was 1.6% on January 5, 2021, two weeks after the SEC sued Ripple.
Those swings show how much ground a flip needs. XRP's biggest gain on Bitcoin anywhere in this data, from that 2021 low to the 2025 high, was 5.9-fold. That falls well short of what a flip has required on any day of the series.
Before 2019
The gap was much narrower at the top of the 2017 cycle. CoinMarketCap's weekly snapshot for January 7, 2018, valued XRP at about $131 billion and Bitcoin at about $277 billion, so XRP was worth close to half as much. XRP passed Ethereum around then, a history covered on XRP vs Ethereum. Ethereum has come far closer to Bitcoin, reaching 83.2% of its market cap on June 12, 2017, and that race is on the home page.
How XRP's supply is counted. Coin Metrics' estimated market cap uses a circulating supply sourced through CoinGecko, which leaves out the XRP Ripple holds in escrow. Ripple locked 55 billion of the 100 billion XRP in escrow in December 2017 and unlocks up to 1 billion a month. Counting the escrow would make XRP's market cap larger, but even on its best day in this data XRP would have stayed far smaller than Bitcoin.
XRP vs BTC flip history
XRP has never closed above Bitcoin in this data, which begins in Jun 2019.
Frequently asked questions
Has XRP flipped Bitcoin?
No. As of November 10, 2026, XRP's market cap is 4.5% of Bitcoin's, so XRP would need to grow 22.2× relative to BTC to flip it. The closest it has come in this data was 10.6% on June 22, 2019 (the first day of this data).
What is the XRP/BTC market cap ratio today?
XRP's market cap is 4.5% of Bitcoin's as of November 10, 2026. A year earlier, on November 10, 2025, it was 7.2%. Over the past 12 months it ranged from 4.5% to 7.6%.
How close has XRP come to flipping Bitcoin?
The highest reading in this data is 10.6%, on June 22, 2019 (the first day of this data). XRP has never closed above Bitcoin in this data, which begins in Jun 2019.
How much would XRP need to rise to flip BTC?
If Bitcoin's market cap stayed where it is, XRP's market cap would need to grow 22.2× (about +2,122%) to reach parity. What matters is XRP outgrowing BTC by that much, not its dollar price on its own. At today's Bitcoin market cap, that is roughly $23.44 per XRP (it closed at $1.05 on Nov 10, 2026), assuming XRP's supply stays the same.
Where does this data come from?
Market caps are Coin Metrics' estimated market capitalization (CapMrktEstUSD): the daily closing price (00:00 UTC) times a circulating supply sourced from CoinGecko, so figures can differ slightly from CoinGecko's or CoinMarketCap's own. For XRP that supply leaves out the XRP Ripple holds in escrow. Each chart plots XRP as a percentage of Bitcoin, so 100% is parity. The data refreshes daily shortly after 00:00 UTC; the raw series is xrp-btc.json.