XRP continues to attract attention with developments surrounding Ripple. Predictions suggest that XRP could reach $16 in the future, potentially surpassing Ethereum.
Potential for XRP to Surpass Ethereum
Ben Armstrong, known as BitBoy in the crypto world, stated that XRP could exceed $16. He noted that by 2025, XRP may outpace Ethereum in market value. The widespread use of Ripple in the banking sector stands out as a significant factor differentiating XRP from Ethereum.
Progress in Ripple – SEC Case
Armstrong believes that a resolution to Ripple’s legal battle with the SEC could create opportunities for XRP to surpass Ethereum. The SEC’s lack of discussion regarding whether XRP is a security increases expectations for XRP’s strong position in the legal process.
XRP’s Global Role and Partnerships
XRP draws attention as a cryptocurrency focused on cross-border payments and liquidity. Armstrong recalled that XRP briefly surpassed Ethereum in 2018, suggesting that this could happen again. The strong partnerships established by Ripple may lead to a significant increase in the value of XRP.
The expansion of XRP’s use cases and its strong partnerships indicate significant potential for the future. The resolution of Ripple’s legal issues and potential ETF approvals could positively impact XRP’s value.