XRP Price Prediction: Standard Chartered Are Backing XRP To Topple Ethereum
The post XRP Price Prediction: Standard Chartered Are Backing XRP To Topple Ethereum appeared on BitcoinEthereumNews.com. Bitcoin (BTC) and Ethereum (ETH) have always gained attention as the highest quality blue-chip crypto assets in existence. But while Bitcoin enjoys untouchable status, several projects have dared to topple Ethereum. Ripple (XRP) is the latest ETH challenger, and it has got the staunch backing of Standard Chartered, too. But the real question lingers – can XRP actually overtake Ethereum? If it does, will that make it the most lucrative crypto investment option? Or is there a better alternative, an upcoming revolutionary force like Remittix (RTX)? This article supplies ample answers to these searching questions. Ethereum’s Underperformance Invites Vulnerability Tendencies Ethereum is the largest altcoin with a market cap of $290 billion strong. Nevertheless, ETH has often failed to capitalize on market rallies to create new all-time highs. Ethereum has hardly outperformed its past rallies. Source: CoinGecko When Bitcoin hit a new ATH of $60K in 2021, Ethereum rose to a new high around $4,000. However, that was the highest level ETH price ever experienced, even though Bitcoin is now worth over $100K. Even worse, Ethereum has fallen below $3,000 and currently struggles to break through a resistance level of $2,600. In essence, investor confidence in ETH isn’t as high as it was in the past. That is why projects like Solana (SOL) and Ripple (XRP) are threatening to knock it off its perch. Can XRP Topple Ethereum? Ripple is one of the fastest-growing crypto projects today, thanks to its victory with the SEC and its ever-expanding payment network. In addition, Standard Chartered, a financial conglomerate, believes that XRP would overtake Ethereum in terms of market cap by 2028. According to the firm’s head of digital assets research, Geoffrey Kendrick, XRP is going to hit $5.6 in the next 3 years. That puts the coin on track to become the…
The post XRP Price Prediction: Standard Chartered Are Backing XRP To Topple Ethereum appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) and Ethereum (ETH) have always gained attention as the highest quality blue-chip crypto assets in existence. But while Bitcoin enjoys untouchable status, several projects have dared to topple Ethereum. Ripple (XRP) is the latest ETH challenger, and it has got the staunch backing of Standard Chartered, too. But the real question lingers – can XRP actually overtake Ethereum? If it does, will that make it the most lucrative crypto investment option? Or is there a better alternative, an upcoming revolutionary force like Remittix (RTX)? This article supplies ample answers to these searching questions. Ethereum’s Underperformance Invites Vulnerability Tendencies Ethereum is the largest altcoin with a market cap of $290 billion strong. Nevertheless, ETH has often failed to capitalize on market rallies to create new all-time highs. Ethereum has hardly outperformed its past rallies. Source: CoinGecko When Bitcoin hit a new ATH of $60K in 2021, Ethereum rose to a new high around $4,000. However, that was the highest level ETH price ever experienced, even though Bitcoin is now worth over $100K. Even worse, Ethereum has fallen below $3,000 and currently struggles to break through a resistance level of $2,600. In essence, investor confidence in ETH isn’t as high as it was in the past. That is why projects like Solana (SOL) and Ripple (XRP) are threatening to knock it off its perch. Can XRP Topple Ethereum? Ripple is one of the fastest-growing crypto projects today, thanks to its victory with the SEC and its ever-expanding payment network. In addition, Standard Chartered, a financial conglomerate, believes that XRP would overtake Ethereum in terms of market cap by 2028. According to the firm’s head of digital assets research, Geoffrey Kendrick, XRP is going to hit $5.6 in the next 3 years. That puts the coin on track to become the…
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