#CryptoTariffDrop Is XRP Challenging Ethereum for the Spot?
1. Bold Prediction:
Standard Chartered Bank predicts that XRP could surpass Ethereum by 2028, taking second place in the crypto market behind Bitcoin.
2. Why XRP is Gaining Momentum:
Cross-Border Payments: Ripple is expanding rapidly in international money transfers, a real-world use case giving XRP strong utility.
SEC Lawsuit Nearing End: Ripple is close to winning its long legal battle with the SEC, which could remove a major obstacle.
Institutional Growth: Ripple is securing partnerships with banks and financial institutions, boosting XRP's credibility and adoption.
3. Market Movements:
After Trump’s election win, XRP surged 6x, showing strong market confidence.
Ripple is acquiring Hidden Road for $1.25 billion, strengthening its infrastructure.
An XRP ETF is reportedly in the pipeline, which could open the doors to more mainstream investment.
4. Competitor Moves:
Tether (USDT) is launching a new US-based stablecoin and planning its first audit by a Big Four firm.
USDT’s market cap is now $144 billion, showing strong dominance in the stablecoin space.
5. Market Sentiment:
Despite a 30% correction, experts believe it’s a healthy reset before the next big rally, not a crash.
6. Big Question:
Can XRP really overtake Ethereum in market cap and become the second-biggest crypto?