XRP (CRYPTO: XRP), the native token of the Ripple blockchain, has skyrocketed 480% during the past three months. That stunning rally boosted XRP's market cap to roughly $180 billion, which made it the world's third most valuable cryptocurrency, after Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
But Dom Kwok, a former Goldman Sachs analyst, recently said that he thought XRP's value could soon surpass Ethereum's. For that to happen, XRP's price would need to rise at least another 120%. Let's look back at XRP's past gains and its potential catalysts to see if that can actually happen.
Ripple's blockchain is used to route re...