Prediction: XRP (Ripple) Will Outperform Bitcoin and Ether Over the Next Year
Bitcoin and Ether face headwinds while XRP has multiple tailwinds.
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Cryptocurrencies are some of the most volatile assets you could invest in. But those willing to hang on for the ride can experience some staggering returns. For example, Bitcoin (CRYPTO: BTC) is up 2,370% since the start of 2019 as of this writing on February 14. Ether (CRYPTO: ETH), the native token for the Ethereum blockchain, is up by 1,650%.
But not every token is a winner in the world of crypto. XRP (CRYPTO: XRP), the cryptocurrency used by the XRP ledger and RippleNet, increased just 34% between 2019 and November of last year. It was mired by an SEC lawsuit alleging that the token was a security and by other setbacks preventing widespread adoption. However, with a new administration in the White House, investors have piled into the coin. And the run might not be over yet.
Even after a stellar run in the last three months, XRP could outperform both Bitcoin and Ethereum over the next year. Here's why.