Cryptocurrency Set to Rise – Blockchain News, Opinions, TV and Jobs

Earlier this year, a cryptocurrency analyst at Messari said: Sam RuskinHe called on XRP to overtake Ethereum in terms of market cap. On X (formerly Twitter), Ruskin presented several macroeconomic and sectoral factors that could send XRP into the stratosphere.

https://t.co/fOOg9tbySB

– Sam Ruskin (Wartime Arc) (@CryptoSam01) January 16, 2025

As Ruskin mentioned, XRP rose 460% after the 2024 US presidential election and the beginning of the Trump presidency. This, combined with growing faith in the instant deposit XRP ETF in the US, has boosted investor sentiment in the cryptocurrency.

Ruskin also focused on K’s summaries of potential capital gains tax laws that would be friendly to blockchain projects in the US, which Ruskin feels could provide XRP with an advantage over competitors.

The fourth reason mentioned by Ruskin is that XRP follows the market pattern of experienced cryptocurrencies such as Hedera Hashgraph (HBAR), Stellar (XLM), and Cardano (Ada). As Ruskin puts it, these boom-era coins are steadily gaining favor among investors seeking refuge and tangible benefit in the growing chaos of the cryptocurrency space.

XRP surges ahead while Ethereum faces increasing market challenges

XRP is moving forward, but Eth is moving backward due to many issues. Layer 2 scaling solutions have added more competition to Ethereum, and other notable competitors, such as Solana, have made the Ethereum ecosystem rather diverse.

Ruskin insisted that the value of all ETH ETFs represents three percent of the total market capitalization of Ethereum, which is much less than the value of the roughly ten percent of BTC ETFs of Bitcoin’s market capitalization. “Retailing did not emerge for Ethereum as it did for Bitcoin, and as a result, on-chain sentiment declined,” Ruskin noted.

Furthermore, the continued loss of retail interest, saturated second language solutions, and fragmented ecosystem have pressured Ethereum to give up its market position. Crypto market.

On the other hand, the current sentiment is much better for XRP, which has seen its price rise and investor confidence in it increase. Specifically, Ruskin expects the price of XRP to rise another 35-50% in the months following Trump’s inauguration due to hype around the XRP ETF product and increased usage from the financial industry.

Ruskin also mentioned the regulatory goals underpinning XRP, the unified XRP community, and its story in comparison to Ethereum as a “future finance” asset.

Ruskin’s insights have sparked debate among decentralized platforms about the evolution of their period of market dominance. Whether XRP will replace it Ethereum The market value is still negotiable. However, the factors cited by Ruskin indicate a shift in investor focus, resulting in a focus on macroeconomic and regulatory forces.

While both have endured and fought exclusively for leadership and control in a still-mature market space, the next few months could determine the overall direction of digital tools.