#XRPETF Can XRP Challenge Bitcoin and Ethereum?

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

From a popularity and general adoption (Retail Adoption) perspective: It is still 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 overall market dominance, at least in the short term.

In summary:

> XRP has a golden opportunity to become the "King of Institutional Payments" in the crypto world, but it does not necessarily seek to replace Bitcoin or Ethereum; rather, it aims to take a different and significant share of the pie.