$XRP has its own advantages, especially regarding the potential for exchange-traded funds (ETFs). The status of XRP as an established digital asset gives it an edge when it comes to ETF approvals.
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The ongoing demand for Ripple also seems to be nearing a resolution, pending court proceedings, which is likely to boost XRP's clean image. The SEC's settlement with Ripple would increase investor confidence in XRP, giving it a stable long-term foundation.
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However, for the moment, the scalability and Web3 ambitions of SUI have caught the attention of institutional investors, putting it ahead of XRP in terms of demand. Nevertheless, it is likely that the XRP ETF will see the light of day first.