Summary
- Ripple (XRP) is claimed to be the only asset with the potential to surpass Bitcoin (BTC) in value.
- On the 29th, analyst Jake Tang Whaley emphasized that Ripple's actual utility is different from Bitcoin's.
- Ripple is under attack from Bitcoin maximalists and unaffected by SEC lawsuits, showing strength in the Tether (USDT) market.
Ripple (XRP) has been claimed to be the only asset that can surpass Bitcoin (BTC) in value.
On the 29th (local time), analyst Jake Tang Whaley stated, "Unlike Bitcoin, which is primarily speculative, Ripple has actual utility," highlighting this difference.
Furthermore, he added, "Bitcoin's maximalists attack Ripple and the U.S. Securities and Exchange Commission (SEC) files lawsuits against Ripple because they fear it."
Meanwhile, Ripple is trading at 1.8 dollars, up 20% from the previous day, in the Tether (USDT) market. Its market capitalization is surpassing 100 billion dollars, approaching Solana's (SOL) total market cap of approximately 115 billion dollars.
Doohyun Hwang
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