3 Best XRP Rivals That Can Give You Profits Upto 100x

The rumor of XRP getting a spot ETF approval by the SEC may not be a rumor at all. It is inching toward reality with every passing minute

As the rumor of XRP getting a spot ETF approval by the SEC continues to circulate, several exchanges, including 21Shares, Grayscale, and Bitwise, have submitted their filings. This news has had a significant impact on the token's price. Several traders are anticipating a price skyrocket if XRP does get a spot approval.

On the other hand, another group of traders is seeking something different. To put it simply, there is a latent growing sentiment to explore XRP alternatives. This article will delve into that aspect. Here, we will be highlighting three of the best XRP rivals that can offer profits up to 100x. However, it is crucial to note that this is not a ranking list and should be approached accordingly.

Stellar (XLM)

In 2024, XLM experienced an impressive rally. During this rally, which spanned the months of November and December, the price surged by an astonishing 500%. As a result, several sources suggest that if XRP were to obtain a spot ETF approval from the SEC, there is a strong possibility that XLM could also experience a 100x price surge.

At the time of writing, XLM is trading at $0.33, with a positive 2.81% uptrend. According to available sources, XLM ranks as the 14th largest crypto asset globally, with a market cap of $10,496,932,313. A glance at the daily metrics reveals that the coin is garnering attention and posting impressive numbers. If the positive sentiment persists, the token could aim for a 161.8% Fibonacci level at $0.87.

Dogecoin (DOGE)

Operating primarily as a meme coin on the ETH blockchain, DOGE serves as another strong competitor to XRP. As sources indicate, DOGE is in the running for a spot ETF approval alongside XRP. Compared to XRP, DOGE boasts a clearer regulatory understanding with the SEC, making it ready for spot ETF approval.

At the time of writing, DOGE showcases a minimal uptrend of 2.66%, trading at $0.25. Despite being a meme coin with some turbulence, DOGE is charting on weekly time frames with an ascending parallel channel, indicating a bullish trend. This ultimately positions DOGE as a strong alternative to XRP.

Cardano (ADA)

Over the past year, ADA prices have seen a 29% rally, indicating a positive bullish trend among traders. However, within the last 24 hours, the coin encountered a 4% price drop and currently trades at $0.768, showcasing support at multi-month lows.

ADA is priming itself for a bullish breakout, according to several sources. If this occurs, the price could reach as high as ADA 80 over the coming month(s). Some analysts even suggest that the price could reach as high as $1 if buyer demand continues to increase. This ultimately showcases a strong bullish trend.