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XRP Up 16% In 7 Days: Could It Temporarily Flip Ethereum Or Even Bitcoin?
XRP (CRYPTO: XRP) has gained 16% over the past week, fueled by growing confidence in Ripple's legal battle and the anticipated launch of XRP ETFs.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP (CRYPTO: XRP) | $2.67 | $153.7 billion | +9.8% | +16.2% |
Bitcoin (CRYPTO: BTC) | $96,573.27 | $1.9 trillion | +5.4% | -0.5% |
Ethereum (CRYPTO: ETH) | $3,217.65 | $387.6 billion | +7.4% | -6.2% |
Trader Notes: Crypto chart analyst Ali Martinez sees XRP as one of the most bullish setups after a successful retest of the breakout zone.
Another trader, DonAlt, believes XRP has the potential to temporarily surpass Ethereum (CRYPTO: ETH) and possibly even Bitcoin (CRYPTO: BTC) under extreme conditions.
While describing XRP as a “perfect scam” aligned with U.S. political dynamics, he acknowledges its significant role in the current crypto market.
Crypto Rand highlights XRP's resilience, noting that it continues to lead market reversals.
Statistics: JPMorgan predicts Ripple’s XRP ETFs could draw nearly $8 billion in investments, as 2025 may see the resolution of Ripple's legal battle with the SEC.
According to Nancy Pelosi Stock Tracker, Representative Guy Reschenthaler (R-PA) disclosed a $15,000 XRP purchase in November 2024—a positive signal for the Ripple community.
The SEC's decision to file its opening brief in the appeal against Judge Torres’ ruling in the Ripple case is being eagerly awaited by the market.
Community News: Ripple President Monica Long recently remarked on X that many banks are already adopting crypto, with more to follow as regulations improve.
This could position XRP as a key player in driving mainstream adoption.
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