XRP Could Outperform Bitcoin (BTC) and Ethereum (ETH) in the Coming Years

XRP has experienced a remarkable rise in the past year, increasing by 257.9%, while Bitcoin only saw a 20.8% increase, and Ethereum dropped by over 46.6%.

In the dynamic realm of cryptocurrencies, where fortunes can be made and lost rapidly, one coin has been making headlines for its remarkable performance—XRP. As the cryptocurrency market continues to evolve, analysts are weighing in on which coin they believe will perform best in the coming years.

Among the prominent crypto analysts, Dark Defender has shared several reasons why he believes that XRP may outperform its more renowned peers, Bitcoin (BTC) and Ethereum (ETH), in the years to come.

1. Regulatory Clarity for XRP

One key factor that sets XRP apart is the relative clarity it enjoys in the regulatory domain. In contrast to Bitcoin and Ethereum, which have been subject to ongoing scrutiny and uncertainty from U.S. regulators, XRP has scored a significant legal victory. Earlier this year, Judge Analisa Torres ruled that XRP is not a security, a decision that could have far-reaching implications for the cryptocurrency landscape.

This ruling brought to a close a long-running case between Ripple, the company behind XRP, and the U.S. Securities and Exchange Commission (SEC). The case arose when the SEC alleged that Ripple had illegally sold unregistered securities in the form of XRP to raise $1.3 billion from 2013 to 2018. However, Judge Torres’ ruling largely sided with Ripple, finding that the SEC failed to provide sufficient evidence to support its claims.

The positive resolution of this case is crucial because it puts XRP in a more secure position compared to other cryptocurrencies, which are still navigating a complex web of legal and regulatory hurdles. This relative stability could translate into better price performance for XRP in the long run.

2. Inclusion in the US Digital Asset Stockpile

Another factor that could propel XRP to new highs is the possibility of its inclusion in the U.S. Digital Asset stockpile. Back in 2020, U.S. President Donald Trump signed an executive order to establish a crypto reserve, similar to the U.S. gold bullion reserves. This executive order mandated the creation of a crypto stockpile, with the U.S. government holding a specified amount of the most valuable digital assets.

Although the details of this crypto reserve are yet to be fully disclosed, some analysts believe that XRP could be a prime candidate for inclusion in the official digital asset stockpile. Such inclusion would undoubtedly raise the profile and demand for XRP.

3. XRP ETF Approval by the SEC

The possibility of an XRP Spot ETF (Exchange-Traded Fund) being approved by the U.S. SEC is also fueling bullish sentiment among crypto traders. According to betting platform Polymarket, there is an 84% probability that the SEC will approve an XRP Spot ETF by 2025.

This approval could open the door for significant institutional investment in XRP, as institutional investors typically prefer investing in ETFs due to their familiarity and ease of access. A surge in institutional investment could push XRP's price to new highs.

4. Ripple’s Stablecoin

Finally, Ripple's plan to introduce new stablecoins could also increase demand for XRP. Earlier this year, Ripple CEO Brad Garlinghouse announced that the company is developing a stablecoin offering, which could be used for cross-border payments.

If Ripple successfully launches its stablecoin, it could become a key player in the rapidly growing stablecoin market. This would lead to more use cases for XRP, as it would be needed to facilitate transactions in Ripple's new stablecoin network. A surge in demand for Ripple's stablecoin could drive XRP's price upwards.

Analyst: XRP Forming Bullish Rectangle Pattern

One analyst, known on social media as Dark Defender, is looking at the charts and sees bullish signals for XRP. According to the analyst, XRP is forming a bullish rectangle pattern, a technical formation that often signals a potential bull run.

Once the price breaks through the resistance, the analyst predicts that XRP could rise as high as $11. A breakout from the rectangle pattern usually occurs when the technical oscillators reach oversold levels, signaling that the asset is due for a rebound. In the case of XRP, both the Relative Strength Index (RSI) and Stochastic Oscillator are approaching oversold territory, suggesting that a breakout from the rectangle pattern is possible.

Another analyst, Javon Marks, is also bullish on XRP, forecasting that the altcoin could surge by over 570%. According to the analyst, both price action and the RSI show bullish signals for XRP.

"XRP is showing signs of bullish divergence in both price action and the RSI. Despite the recent decline from the March highs, the coin has managed to stay afloat above the key support at $1.90, which could be a good sign for bulls. From the lows of $1.07 in March, the coin has risen around 170%, but it has the potential for even greater gains if the bulls manage to push through the resistance at $1.90. A move of 57