XRP’s Market Cap Nears $110B, Igniting Debate on Bitcoin and Ethereum Rivalry

XRP utility boosts its potential to surpass Bitcoin while analysts predict bullish momentum
XRP ETH pair aims for a 246% to 891% surge by 2027, with signals of a breakout ahead
Derivatives trading jumps by 188% with strong bullish sentiment and long positions

Ripple’s XRP is nearing a $110 billion market cap, reigniting debates on its potential to rival Bitcoin and Ethereum. Analysts point to XRP’s growing utility, resilience in the face of regulatory challenges, and the growing adoption as key drivers to this surge.

Analyst Insights: XRP’s Unique Positioning

Jacob King, a financial analyst at WhaleWire, started off on XRP’s potential to surpass Bitcoin. He attributed this to XRP’s functional utility, contrasting it with Bitcoin, which he views as overly reliant on external support like Tether. King also cited regulatory challenges from the SEC as a reason for XRP’s potential threat to established cryptocurrencies.

The only crypto that actually has a feasible chance of surpassing #Bitcoin is $XRP. Unlike BTC, which is entirely propped up by Tether / Fraud, XRP has real utility.

There’s a reason why BTC maxis relentlessly attack it and…