The cryptocurrency market is slowly waking up, and interest in altcoins is on the rise. Ripple XRP and SEI Network have caught the attention of investors wondering which might offer better returns in the next bull run.
What’s Happening With Ripple XRP?
Ripple’s XRP is one of the oldest and most popular cryptocurrencies, created to expedite and reduce the costs of international money transfers. Over the years, Ripple has built strong connections with banks and financial institutions and is now aiming for higher goals.
Recently, Ripple applied for a U.S. bank license and a Federal Reserve master account. If approved, this will grant Ripple significant power in the traditional financial system. The XRP blockchain has also been upgraded and is now compatible with Ethereum tools, allowing developers to build decentralized applications (DeFi, NFTs, etc.).
Additionally, there are currently 19 XRP ETF applications awaiting approval, the highest number of ETF filings for any cryptocurrency. If approved, this could bring substantial investment into XRP.
However, a concern remains: only about 59% of XRP’s total supply is in circulation. Many investors worry that Ripple still controls too many tokens, which could influence the price if sold.
Overview of SEI Network
SEI Network is a newer project that launched in August 2023 and is designed for fast, high-volume transactions, particularly in decentralized finance (DeFi). Its network can confirm a transaction in just 400 milliseconds — significantly faster than most blockchains.
SEI is also planning a major upgrade called Giga, which could allow it to handle 250,000 transactions per second, placing it among the fastest blockchains. SEI is moving away from the Cosmos ecosystem and will soon be Ethereum-compatible, which is crucial since most DeFi projects use Ethereum. Moreover, SEI is actively expanding into AI technology, making it even more intriguing for the future.
While SEI’s token price hasn’t risen as much as XRP's yet, it has a smaller market cap, suggesting greater growth potential in the coming bull market.
Which One Is the Better Bet?
Both XRP and SEI are strong projects, but they appeal to different types of investors.
* XRP is an older, safer choice with significant partnerships, strong regulations, and steady growth. * SEI is newer and riskier but has more upside potential due to its fast network, exciting upgrades, and smaller market cap.
Among well-established projects, XRP presents a solid choice. However, for those seeking something fresh with higher growth potential, SEI could be the asset to watch in 2025.
While both XRP and SEI Network have their unique advantages and risks, each caters to different investment strategies. It is essential to consider current trends in the cryptocurrency space and make an informed choice.
