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7 Reasons Why XRP Will Overtake ETH Once Again
Could it also dethrone Bitcoin in the coming years?
January 8, 2018.
This was the last time XRP overtook ETH.
With its impressive post-election recovery and ETH still struggling to gain traction, this will likely recur in the coming months.
This is a far cry from The Flippening — the hypothetical scenario of Ethereum overtaking Bitcoin as the #1 crypto asset — but this tussle for second place still garners considerable attention among crypto enthusiasts, especially since XRP’s impressive comeback after the latest US Elections.
Today, I will cover seven bullish catalysts for XRP versus ETH and debunk a common myth about Ripple. Let’s begin.
1) Pending spot XRP exchange-traded fund (ETF) applications
As Ether has already experienced hype in the lead-up to receiving its spot ETFs last year, excitement is building for XRP, Litecoin (LTC) and Solana (SOL) equivalents within the next 12 months.
The US Securities and Exchange Commission (SEC) accepted related filings from asset management companies such as 21 Shares, Bitwise, Canary…