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Market Cap: $ 4 144 016 321 258 / 24h Vol: $ 196 655 936 213 / BTC Dominance: 58.512630380324%

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Analyst Singles Out XRP to Rival Bitcoin. Not in Price Though

XRP trades near $3.02 as analysts say it could rival Bitcoin in market cap, not coin price.

  • XRP unlikely to match Bitcoin in coin price but could rival it in market cap.
  • XRP ETF and Ripple IPO are seen as catalysts for institutional adoption.
  • XRP trades at $3.02, with resistance at $3.15 and upside targets at $3.50–$4.20.

The idea that XRP could rival Bitcoin depends on how the comparison is made. In terms of price per coin, XRP pales in comparison to BTC. But it is in market capitalization and adoption that the case for XRP is held stronger

The token’s speed is central to the argument. XRP transactions settle in 7–30 seconds, far faster than Bitcoin block times. With banks and institutions already testing XRP for payments, adoption at scale could help narrow the gap in utility and market role.

XRP vs Bitcoin: The Rivalry Question

Measured in supply-adjusted value, XRP has inched closer to Ethereum’s market cap than Ethereum has to Bitcoin…

Read The Full Article Analyst Singles Out XRP to Rival Bitcoin. Not in Price Though On Coin Edition.

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