Versan Aljarrah, founder of Black Swan Capitalist and well-known XRP advocate, predicts that XRP will surpass Bitcoin by 2025 to become the dominant cryptocurrency.
Aljarrah's Prediction for XRP's Future
Aljarrah believes that Bitcoin’s price has been artificially inflated through Tether (USDT). He argues that increased regulatory scrutiny will shift liquidity toward regulated digital assets, positioning XRP at the forefront.
Regulatory Challenges for Tether
The debate on stablecoin regulation has intensified over recent years. The European Union’s MiCA regulation has resulted in USDT being delisted from several exchanges. Aljarrah sees this as a validation of his thesis on the weakening influence of Tether.
XRP’s Market Position Relative to Bitcoin
Despite Aljarrah’s bold prediction, XRP's market capitalization remains significantly lower than Bitcoin's. XRP's market cap is approximately $141.62 billion, whereas Bitcoin's stands around $1.92 trillion. The expert argues that regulatory developments and liquidity shifts will be crucial in determining the market's future.
While Aljarrah’s predictions may or may not come true, regulatory developments and liquidity shifts will play a crucial role in shaping the cryptocurrency space.
