XRP Might Soon Flip Ethereum, as the Market Dynamics Shift and the Pro-Crypto Sentiment Grows

An influential crypto analyst has predicted XRP's price could soon overtake Ethereum's, driven by recent regulatory clarity, Ripple's international expansion, and a favorable U.S. political shift.

A prominent crypto analyst has predicted that XRP’s price could soon begin a bull run, driven by recent regulatory clarity, Ripple’s international expansion, and a favorable U.S. political shift.

This bold prediction suggests that XRP’s price could rally significantly amid shifting market dynamics and growing pro-crypto sentiment.

Crucial Arguments for XRP Surpassing Ethereum

In an X post, Dark Defender outlined five arguments to show how XRP’s price could reverse the trend of Ethereum’s market dominance.

Firstly, he highlighted Judge Analisa Torres' decision on XRP not being classified as a security, which is seen as a major victory for the coin.

Secondly, he briefly mentioned the numerous strides that Ripple has made. This might include the crypto firm’s recent approval by the DFSA to expand its payment services in the UAE, among other developments.

Next, to support his case for XRP’s price surpassing Ethereum’s, Dark Defender pointed out the upcoming launch of cryptocurrencies like the RLUSD stablecoin and Central Bank Digital Currencies (CBDCs).

Fresh reports indicate that Ripple is planning to launch a stablecoin in the United Arab Emirates, backed by the Dirham.

Finally, the analyst added that the U.S. is set to become a crypto-friendly climate with President-elect Trump being pro-crypto and promising to make such changes.

However, it's important to note that these factors, while significant, do not guarantee a straightforward scenario for XRP to flip Ethereum in terms of market valuation.

At $365 billion, Ethereum's market capitalization ranks second among all cryptocurrencies, while XRP's market cap stands at $31 billion, placing it seventh.

Interestingly, XRP was once the second-largest cryptocurrency a decade ago, right behind Bitcoin. For the reasons stated by Dark Defender, XRP’s price might challenge Bitcoin’s market dominance.

He observed that XRP will lead over Bitcoin in terms of regulatory clarity, making it the dominant cryptocurrency.

Challenging Bitcoin’s Dominance

However, it's worth noting that Bitcoin's status as a non-security has always been clear. The primary crypto’s classification as a non-security was acknowledged by U.S. SEC Chair Gary Gensler.

This fact allowed the Commission to proceed without issue when Bitcoin ETF issuers filed S-1 forms ahead of their approval.

Meanwhile, the analyst predicted that XRP’s price will begin a bull run shortly, specifically on November 24th. He expressed confidence in this outcome, stating that the monthly RSI for Bitcoin Dominance has reversed, similar to January 2021.

During that period, XRP's price soared from $0.170 to $1.966 in 2021.

XRP’s Bull Run Expected to Start Soon

In another X post, Mikybull Crypto expressed his optimism regarding the future of XRP’s price. He stated that a "massive continuation" is coming for the coin.

He noted the coin's performance after previous election cycles, which usually leads to a big rally, and mentioned $19 as a potential target, as indicated on the accompanying chart he shared.