- Harvard Engineer Predicts XRP Could Surpass Ethereum – Austin King, co-founder of Omni Foundation, believes Ethereum is struggling due to inflation and centralization, making XRP a strong contender for the second-largest cryptocurrency by market cap.
- Ethereum Faces Challenges with Inflation and Layer 2 Centralization – King argues that Ethereum’s deflationary appeal is fading, and its increasing reliance on centralized Layer 2 solutions undermines its credibility as a decentralized asset.
- XRP’s Rapid Growth Puts It in a Strong Position – With a 580% surge in the last three months and a clear use case in tokenized assets and payments, XRP could potentially surpass Ethereum if it reaches $6 per token, marking a 145% increase from its current price.
Austin King, a Harvard-educated computer science engineer and co-founder of the Omni Foundation, has made some bold claims—ones that might shake up the crypto space.
In a recent Good Morning Crypto podcast interview, King suggested that XRP could soon overtake Ethereum in market cap. His reasoning? Ethereum, according to him, is not in a good place.
“As someone who’s worked extensively in both ecosystems, I just don’t see Ethereum sustaining its dominance,” King stated. He pointed to major issues that could spell trouble for the second-largest cryptocurrency, raising questions about its long-term viability.
Ethereum’s Growing Pains—Inflation, Centralization, and Stagnation
Ethereum once had a golden opportunity to be a truly deflationary asset—a big selling point in the crypto world. At one point, ETH’s supply was actually shrinking, similar to Bitcoin’s finite structure.
“That was the cool part. Ethereum was deflationary—less ETH existed every month. But now? Not anymore,” King explained.
He criticized Ethereum’s growing reliance on Layer 2 solutions, arguing that most of these networks operate on a single computer, rather than being fully decentralized.
“If you’re externalizing all your activity onto centralized systems, are you really decentralized anymore?” he questioned.
King, who has a deep engineering background, says he sees no clear path for Ethereum to return to its deflationary state. And that’s a major red flag.
The lack of deflation, combined with stagnant price action and slow development, has left many investors questioning Ethereum’s dominance—especially as Bitcoin surges to new highs.
XRP’s Meteoric Rise—Could It Replace Ethereum?
With Ethereum showing cracks in its foundation, King believes XRP and Solana (SOL) are now its biggest threats.
But XRP, in particular, stands out.
It has a clear use case—tokenized assets and cross-border payments—and a fixed total supply of 100 billion tokens. Unlike Ethereum, where supply mechanics have shifted, XRP’s structure remains predictable, despite Ripple releasing 200 million XRP per month into circulation.
King also highlighted XRP’s technological advantages, claiming its faster, more efficient network makes it a strong contender for the #2 spot in crypto rankings.
The numbers back up some of this optimism.
- XRP has surged 580% in just three months
- Ethereum, meanwhile, has struggled to break past old highs
- XRP’s market cap currently sits at $140 billion, while Ethereum still holds $322 billion
If XRP jumps another 145% from its current price of $2.44, reaching $6 per token, it would surpass Ethereum in market cap—an outcome that, not long ago, would have seemed impossible.
Final Thoughts—Can XRP Really Flip Ethereum?
Ethereum’s struggles, particularly its inflationary shift and questionable decentralization, have cast doubt over its dominance. Meanwhile, XRP is surging, gaining strength as the crypto market shifts.
Could King’s prediction actually come true?
If XRP keeps up its momentum, Ethereum might have a real challenger for the #2 spot. The question now is: How long before the tides fully turn?
