XRP Price Can Flip The Ethereum Price This Market Cycle – Crypto Analyst Dark Defender

Crypto analyst Dark Defender has stated that the XRP price will flip the Ethereum price in this market cycle in terms of market cap. He outlined reasons why this is possible and went on to declare that XRP could take over its crown from Bitcoin.

Crypto analyst Dark Defender has predicted that XRP will outpace Ethereum in terms of market capitalization during this cycle. He stated five reasons why this could happen, and he also believes that XRP could eventually surpass Bitcoin.

Here's a summary of why Dark Defender believes XRP could flip Ethereum:

1. Judge Analisa Torres ruled that XRP is not a security, which is seen as a positive development for the cryptocurrency.

2. Ripple has secured several new developments, which could include recent approvals, such as the DFSA approval to expand its payment services to the UAE.

3. Central Bank Digital Currencies (CBDCs) and upcoming currencies, such as the RLUSD stablecoin, are also mentioned as reasons for his optimism. Another recent development indicates that Ripple is considering launching a Dirham-backed stablecoin in the UAE.

4. The US is expected to become a crypto-friendly environment under pro-crypto President-elect Donald Trump.

5. Despite these claims, XRP flipping Ethereum would be a significant achievement, considering their respective market capitalizations.

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