
"There's really not much that needs to be said about Bitcoin. It's the biggest, largely considered to be the most stable, well-known, and liquid cryptocurrency out there. For traders, speculators and long-term investors alike, Bitcoin is often the only choice when it comes to playing momentum-driven moves in this space. And notably, the early introduction of spot ETFs and other exchange traded products which offered traditional investors an avenue to gain exposure to Bitcoin has propelled massive amounts of investor capital into this network."
"That said, there are other base layer networks such as XRP (CRYPTO:XRP) which are quickly becoming their own unique asset classes investors want to own. Plenty of XRP investors, who have held through Ripple's long and arduous legal battle with the Securities and Exchange Commission (SEC), may now view this token as truly battle-tested. XRP's network, at least in terms of transaction activity, is a dominant force in the crypto landscape."
Bitcoin is the largest and most liquid cryptocurrency, backed by a market capitalization approaching $2 trillion and substantial ETF-driven inflows from traditional investors. Large additional capital flows will be required for outsized percentage gains given Bitcoin’s size. XRP operates as an alternative base layer network with strong transaction activity and growing adoption. Many XRP holders endured Ripple’s prolonged legal dispute with the SEC, leading some investors to view XRP as battle-tested. XRP’s network demonstrates dominant transaction throughput in the crypto landscape. The long-term choice between Bitcoin and XRP depends on preferences for liquidity, scale, regulatory clarity, and network utility.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]