Can XRP challenge Bitcoin and Ethereum?

From the perspective of financial and institutional markets: Yes, XRP has become a strong competitor thanks to its integration with banks and financial entities, especially if its legal cases are resolved positively (like the famous SEC case).

In terms of popularity and retail adoption: It is still lagging far behind Bitcoin and Ethereum, as most individual users do not use XRP for DeFi applications or NFTs.

In terms of market capitalization: It could strongly compete to be the third or fourth largest digital asset, but it is very difficult to surpass Bitcoin or Ethereum in terms of total market dominance, at least in the near term.

In summary:

> XRP has a golden opportunity to be the "king of institutional payments" in the crypto world, but it does not necessarily seek to replace Bitcoin or Ethereum, rather to take a different and significant share of the pie.