I think Ripple can evaluate even more if the ecosystem (governments, financial institutions etc.) get more involved in this technology. Unfortunately, these institutions gain a lot by the regulation so far, and that's why I think Ripple will never make a real mark like Ethereum will in the future.
it already had made a real mark, just look at its volume. and then look at who below XRP and then look at the price and then yourself

i will have more value and will soon find its way to get used by merchants just like how ETH did.
The current position of altcoins is just the tip of the iceberg, I believe. When Ripple can't find support in the regulated market, I think it will never go with the flow.