- XRP-linked ETFs secured $1 billion in web inflows, ignoring sector-wide $10 billion in outflows from BTC and ETH.
- The XRP-Solana bridge and 30 days of steady inflows give this asset a long-term goal worth of $100.
- CF Benchmarks cited investor familiarity as a key issue for monetary establishments to pivot to XRP.
Kim Yong-hoon, who has the best IQ on the earth, made an attention-grabbing and daring assertion. He mentioned that XRP might surpass Ethereum in market capitalization by 2026.
Kim additionally shared his view that XRP, with a worth under $2, is extraordinarily undervalued, has no plans to promote his holdings, and sees it as a significant altcoin to observe heading into 2026. He additionally mentioned that in his private opinion, XRP might attain $100 inside the subsequent 5 years.
Citing his remarks, analysts reacted and opened up about increasing using XRP. The current integration with the Solana community additionally strengthened his long-term outlook for the token.
Nonetheless, XRP is at present buying and selling round $1.89, giving it a market cap of round $116 billion to $129 billion, relying on worth actions. Ethereum stays far forward with a market worth of round $360 billion.
XRP ETF attracts regular inflows
Investor curiosity in XRP can also be supported by sturdy demand for newly launched exchange-traded funds tied to the token. Since its debut in mid-November, the XRP-linked ETF has recorded web inflows each buying and selling day, accumulating greater than $1 billion in new capital.
In distinction, Bitcoin and Ethereum ETFs have seen continued outflows in current weeks. About $10 billion was outflowed from Bitcoin and Ethereum ETF merchandise throughout the identical interval, and Bitcoin ETFs alone recorded about $800 million in outflows in a number of classes this week.
Rotation from Bitcoin and Ethereum
Consultants say some buyers are reallocating their Bitcoin and Ethereum funds to various property akin to XRP and Solana.
Sui Chong of CF Benchmarks mentioned that XRP’s lengthy historical past within the cryptocurrency market is driving the attractiveness of the cryptocurrency market. Traders in search of intimacy. He additionally pointed to revenue taking and worth declines following the preliminary good points within the two largest cryptocurrencies as causes for the change.
“Loads of buyers are taking positions in XRP due to the familiarity. XRP has a protracted monitor file. Clearly, the worth efficiency during the last three or 4 years has been fairly spectacular. So, yeah, there are a number of the explanation why XRP is attracting investor cash.”
For now, XRP stays far behind Ethereum in dimension, and it stays unclear whether or not will probably be capable of shut the hole by 2026.
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