Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
XRP News Today: XRP's Surge Struggles to Match Bitcoin's Market Strength

XRP News Today: XRP's Surge Struggles to Match Bitcoin's Market Strength

Bitget-RWA2025/10/16 01:50
By: Bitget-RWA
- XRP forms lower highs against Bitcoin's rally, signaling weakening momentum and potential drop to $2.00. - XRP's institutional adoption and 2024 SEC victory challenge Bitcoin's dominance but face regulatory hurdles. - Bitcoin's $1.5T market cap and "digital gold" status maintain its lead, while XRP's future depends on legal outcomes and ETF approvals.

The

price has been showing signs of weakness, consistently forming "lower highs" as Bitcoin continues its upward trend, according to CoinDesk analyst Omkar Godbole. Since July, each rally has sparked a move in XRP, but these have failed to exceed previous highs, indicating diminishing buying strength. For example, XRP reached $3.10 at the end of September—still below its earlier September peak of $3.19—even as Bitcoin set a new all-time high at $126,000. This trend, along with XRP's difficulty staying above the important $2.65–$2.70 support range, suggests a possible breakdown and a further drop toward $2.00, according to .

XRP News Today: XRP's Surge Struggles to Match Bitcoin's Market Strength image 0
https://cdn.ainvest.com/news/med-image/compress-1b75831000cbc002.png" contentEditable="false" style="display: block; margin: 0 auto; maxWidth: 100%" />

The ongoing debate about whether XRP can surpass Bitcoin in market share remains intense, with experts pointing out both XRP's advantages and Bitcoin's established position. XRP's rapid, cost-effective cross-border payment system and its 2024 legal win against the SEC have boosted institutional interest, especially in Asia and Europe. Ripple's platform now processes billions in annual transactions, challenging SWIFT's market share. Still, Bitcoin's $1.5 trillion valuation far exceeds XRP's $196 billion, and its reputation as "digital gold" continues to appeal to risk-averse investors, according to

. Experts say that for XRP to overtake Bitcoin, its price would need to rise 15-fold, a challenge made tougher by Bitcoin's regulatory certainty and its energy-saving proof-of-stake system.

Recent global economic trends have further favored Bitcoin. When Bitcoin dominance (BTC.D) dropped to 56.93% in late September—a 30% decline from its 2024 high—altcoins like XRP have historically surged. In previous cycles, such drops were followed by XRP rallies of over 1,000%. However, XRP's recent 500% increase since November 2024, though notable, hasn't yet sparked a full altcoin season. Analyst Dom observes that Bitcoin's current stability above $115,000 indicates that investors still prefer safer assets, but a further decline in BTC.D could revive altcoin interest, according to

.

Regulatory changes remain a crucial factor. Ripple's ongoing legal battle with the SEC and the awaited approval of XRP spot ETFs could open the door to more institutional investment, but delays—like the recent U.S. government shutdown—have dampened enthusiasm.

points out that XRP's prospects depend on Ripple's success in expanding its on-demand liquidity (ODL) service, though the company's shift toward stablecoins might lessen XRP's importance. On the other hand, Ethereum's foundational role in stablecoins and DeFi gives it a broader advantage, with ETH burns adding deflationary pressure.

While XRP's growing institutional use and technical setup show promise, Bitcoin's lead seems secure for the time being.

, meanwhile, is considered a safer long-term investment due to its expansive ecosystem and deflationary features. Still, XRP could see significant gains if Ripple's legal issues resolve positively and ETF approvals proceed. Analysts such as Egrag Crypto estimate a 57% chance of XRP reaching new record highs by late 2025, provided it holds key support levels. For now, XRP's challenge to Bitcoin is hindered by both regulatory hurdles and market uncertainty, according to .

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Dogecoin’s Next Rally: Will the $0.20088 Level Ignite a 2025 Breakout?

- Analysts predict Dogecoin's 2025 third-wave bullish run based on Elliott Wave and Fibonacci patterns, targeting $0.48-$1.96. - Key $0.20088 support level validation could trigger a 2,871% surge if ascending channel and triangle patterns hold. - Divergent price targets ($0.377-$6.08) highlight risks from market volatility, regulatory uncertainty, and failed Fibonacci level tests. - Investors cautioned to prioritize risk management amid speculative nature and potential for extended corrections below critic

Bitget-RWA2025/10/16 06:48
Bitcoin Updates: Zeta Utilizes Bitcoin’s Limited Supply and Returns to Transform Corporate Treasury Stability

- Zeta Network Group raised $230.8M via Bitcoin-backed private sale, issuing shares and warrants priced at $1.70-$2.55. - Funds aim to integrate SolvBTC (1:1 Bitcoin-collateralized) into corporate treasury, enhancing yield and financial resilience. - Move aligns with rising institutional adoption of Bitcoin yield strategies, as BlackRock and Coinbase launch similar products. - Zeta's stock volatility and market skepticism highlight risks of crypto-linked financing amid geopolitical-driven BTC price swings.

Bitget-RWA2025/10/16 06:36

Trending news

More
1
Dogecoin’s Next Rally: Will the $0.20088 Level Ignite a 2025 Breakout?
2
Long-term Bitcoin holders sell 265,715 BTC, largest monthly outflow since January

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,447.19
-0.93%
Ethereum
Ethereum
ETH
$4,024.09
-2.21%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,188.77
+0.07%
XRP
XRP
XRP
$2.42
-3.23%
Solana
Solana
SOL
$194.56
-4.79%
USDC
USDC
USDC
$0.9999
-0.01%
TRON
TRON
TRX
$0.3221
+1.50%
Dogecoin
Dogecoin
DOGE
$0.1986
-2.70%
Cardano
Cardano
ADA
$0.6720
-4.16%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter