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XRP Vs. ETH: Bold Prediction Claims 'Dying' Ethereum’s Reign Is Ending
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A cryptocurrency expert thinks that XRP might overtake Ethereum in market value in the next three months, which could threaten Ethereum’s position as the second biggest cryptocurrency.
This claim has triggered arguments in the cryptoverse, with some people doubting if Ethereum can stay in its No. 2 spot.
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Ethereum’s Struggles Raise Worries
Ethereum has struggled in recent months, leading some analysts to suggest that its dominance is fading. According to reports, Ethereum’s market cap has been declining, and its price has failed to gain significant momentum.
Analyst Says Ether Is ‘Dying’
A crypto analyst who made this bold prediction says that some of the issues the Ethereum network is being hounded with include slow processing and high fees. These problems have made some users and developers explore alternative blockchain solutions, including XRP Ledger.
Given the current state of the market, Edoardo Farina, a market analyst and the founder of Alpha Lions Academy, thinks XRP could soon surpass Ethereum in terms of market capitalization.
XRP’s Growth Gains Attention
The token’s expanding use cases and regulatory clarity are the primary reasons why XRP supporters believe it has what it takes to surpass Ethereum.
Ripple, the organization responsible for XRP, has been developing cross-border payment solutions that have the potential to increase their adoption. XRP could surpass Ethereum in market capitalization within three months if it maintains its present trajectory, according to Farina.
Dispute Regarding The Prediction
Not everyone agrees with the forecast. Many argue that XRP’s decentralized finance (DeFi) and smart contract features would never allow it to rival Ethereum. Ethereum has thousands of projects built on its blockchain, giving it a strong foundation despite its recent challenges.
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What Is The Next Action?
While the debate continues, market trends will ultimately determine whether XRP can challenge Ethereum’s position.
For now, Ethereum remains the second-largest cryptocurrency, but if its struggles persist, XRP supporters may have reason to be optimistic.
The next months will be of great relevance. If Ethereum can find its rhythm, its position will most likely become more dominant. But if XRP sees major price rises and general acceptance, the crypto rankings might change significantly.
Featured image from Gemini Imagen, chart from TradingView