Cryptocurrency analyst and YouTuber Matthew Perry believes that XRP is on track to surpass Bitcoin in terms of value, utility, and dominance. In a recent video, he responded to the ongoing skepticism surrounding his bold prediction, stating that XRP is not just another altcoin but a future leader in the cryptocurrency space. He argues that XRP will ultimately be more valuable than Bitcoin, not because Bitcoin will decrease, but because XRP will increase much higher.

Ripple Price Prospects Compared to Bitcoin

Matthew Perry has made it clear that his belief in XRP does not stem from a dislike of Bitcoin. Instead, he argues that Bitcoin no longer holds the revolutionary appeal it once did. According to him, Bitcoin was originally created to disrupt the entire financial system but has failed to meet those expectations in terms of utility in the real world. He sees XRP stepping into that role with more scalable and efficient solutions.

Perry emphasizes that he does not actively invest in Bitcoin, except for a small amount earned through referral rewards. He focuses on XRP, which he believes will achieve significant profits based on its use case in payments and global finance.

XRP Price Potential and Market Comparison

In the video, Perry provided a snapshot of the current cryptocurrency market. He pointed out that the total cryptocurrency market is valued at around 3.26 trillion dollars, with Bitcoin holding over 2 trillion dollars.

Ethereum is valued at around 300 billion dollars, Tether at 155 billion dollars, and XRP at 125 billion dollars. Despite XRP's current position, Perry has predicted XRP's long-term valuation to be between 3 to 10 trillion dollars, based solely on its increasing usage.

He believes that XRP will eventually surpass not only Bitcoin but also Ethereum and other top assets in terms of market capitalization growth due to its utility.

Why XRP Has an Advantage

Perry explains that the true strength of XRP lies in its ability to process transactions quickly and without intermediaries. While US bank transfers seem to be instantaneous, they actually take 3 to 5 business days to settle. In contrast, XRP allows for real-time money transfers at speeds of 1,000 to 1,500 transactions per second. With payment channels, this can scale up to 90,000 TPS.

Compared to Bitcoin, it still takes about 15 minutes to settle transactions, and Ethereum or Solana, which are fast but lack the reliability and infrastructure supporting XRP, Perry argues that XRP is significantly better suited for real-world payment solutions.

He also emphasized that Ripple, the company behind XRP, is a US-based entity trusted by US institutions. In his view, this reinforces the legitimacy of the project, especially in the eyes of governments and regulators.

Ripple, SEC and the Future of XRP

Perry also discussed the impact of the legal battle between the SEC and Ripple. Although the lawsuit has delayed the rise of XRP, he believes it has ultimately brought more attention and credibility to the project. According to him, the SEC may have tried to prevent XRP from gaining momentum as it was positioned to become a major force in global finance.