Ethereum Outperforms XRP – Insights from Charting Guy and Response from Lawyer Bill Morgan

The cryptocurrency market is witnessing significant changes in the race between Ethereum and XRP, as many experts provide new insights into the prospects of these two assets. Charting Guy: ETH Has Regained Advantage Technical analyst Charting Guy recently shared his views on the ETH and XRP market trends, stating that the current trend is far from previous predictions. According to him, by the end of 2023 and the beginning of 2024, XRP was once seen as having the potential to surpass Ethereum in market capitalization. However, the current picture has changed. Charting Guy revealed that he bought ETH in April 2024 at a price range that he considered near the bottom, and since then ETH has shown outstanding strength. Currently, Ethereum is about 10% away from its historical peak (ATH), while XRP – even if it increases 2.5 times its current price – still cannot reach a market capitalization equal to Ethereum at this time. He advises investors not to get swept up in overly optimistic predictions; instead, they should hold both assets and let the market operate according to its natural cycles. The Charting Guy also emphasizes that the breakout of ETH is something that "is due" and he has been timing his re-entry to take advantage of this upward momentum. Bill Morgan: "XRP Will Not Surpass ETH In This Cycle" Lawyer and cryptocurrency commentator, Bill Morgan, directly responded to the remarks of Charting Guy, agreeing with the view that Ethereum will continue to maintain its leading position over XRP in the current period.

Morgan stated clearly: "Not in this cycle. XRP will not surpass ETH." This reflects his belief that ETH will remain dominant at least until the end of the current market cycle. Ripple's Banking License Scenario – Does XRP Have a Chance? The exchange continued when a user on X (Twitter), named Sherrie, asked Bill Morgan: "If Ripple gets a banking license, could XRP then surpass ETH?" Morgan replied firmly: "Not in 2025/this market cycle."

This shows that even a major event like Ripple receiving a banking license will not be enough to change the market capitalization position between XRP and ETH in the short term. Reasons ETH Still Maintains Its Dominance According to the analysis, the positions of Morgan and Charting Guy are based on one fact: Ethereum currently holds a significant advantage in terms of adoption, the DeFi/NFT ecosystem, and the infrastructure for developing dApps. While XRP has strong potential in the cross-border payment space, along with community support and more favorable legal factors after recent victories, surpassing ETH requires more synergistic factors than just relying on isolated positive news. Conclusion Both Charting Guy and Bill Morgan expressed a cautious viewpoint: ETH will continue to hold its market capitalization lead over XRP at least until the end of the current market cycle. This serves as a reminder for investors that in the cryptocurrency market, the position of an asset is not only dependent on technological potential or positive news, but also the result of a combination of market capitalization, liquidity, infrastructure, and widespread acceptance. $ETH {spot}(ETHUSDT)

ETH-1.62%
XRP-3.99%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)