Can Ripple (XRP) become both Ethereum (ETH) and Bitcoin (BTC) the largest cryptocurrency?

The most talked about token is likely to be Ripple’s XRP as discussions intensify over whether it can become the king cryptocurrency by dethroning Bitcoin and Ethereum. As Nick from NCashOfficial noted, XRP offers clear advantages in terms of efficiency, scalability and use for large transactions. So far, XRapid, one of the many applications of XRP, has proven to be a better alternative and potentially a solution to Bitcoin’s problems of speed, lack of scalability, and high transaction costs. After testing $50 million worth of XRP while paying pennies in fees with near-instant settlement, Arrington Capital demonstrated the practical benefits of XRP. XRP’s market cap is $138.6 billion, a far cry from Bitcoin’s $2.04 trillion and Ethereum’s $471.2 billion. Ripple, the company behind the XRP token, is here to stay and has grown tremendously in strength and expansion; However, overtaking Bitcoin or Ethereum is a longer-term move. Nick envisions a future where XRP thrives in a regulated and utility-focused market. Unfortunately for him, there is a slim chance that the current market cycle will be the right one.

The advantage of XRP lies in its usefulness and acceptance. It is becoming increasingly popular for international tokenization and cross-border exchange projects. Its effectiveness gives it a competitive position in a market and shifts the transition from speculative trading to concrete use cases. However, despite these strengths, challenges remain. BlackRock’s support of Bitcoin and Ethereum strengthens the power of these two and makes it difficult for XRP to rise to the top.

Ripple compared to Bitcoin and Ethereum

Among crypto enthusiasts, Bitcoin is considered “digital gold.” This is due to the trust and security that blockchains provide as the first issued currency. Combine that with its huge market cap and strong usage, and it remains one of the top contenders. The downside is slow transaction speeds and high fees, which hinder growth and real-world use cases. Smart contracts and Dapps run on Ethereum, making it a powerful, widely used platform. Ethereum’s ongoing transition to ETH 2.0 and the move to a PoS consensus have been positive. This brings energy efficiency as well as better transaction times and throughput, which is beneficial.

XRP focuses on improving utility through minimal costs and high-speed transactions across all regions, making it advantageous for international transactions. This emphasis on utility gives the company something of an edge over its competitors, especially at a time when the ecosystem is shifting toward actual use cases. However, overtaking Ethereum or Bitcoin is a distant dream and requires huge support from investors and regulation to fully enter the ecosystem.

Rexas Finance (RXS): A young competitor in a market full of Bitcoin, Ethereum and XRP

Amid the cryptocurrency craze, Rexas Finance (RXS) knows that it cannot yet be compared to the likes of XRP. Instead, it focuses on pioneering asset tokenization tokens. Its features gain traction through Token Builder, Launchpad, and Rexa’s GenAI, among others, enabling easier token creation, product promotion, and AI-driven NFT support. Supported by the presale, Rexas Finance raised $29 million and sold over 352 million tokens. So far, this has strengthened his vision, crucially allowing him to raise funds without impacting or owning communities. While the presale is ongoing, demand for RXS is growing as it plans to list on various crypto exchanges. Phase 10 of the presale is currently underway with a token price of $0.15. The company plans to list on the stock exchange in 2025 at $0.20. Demand is expected to increase once it is available on these platforms, making Rexas a notable player.

Certik audit and credibility

One audit that has been well received by investors is the Certik audit, which confirmed that Rexas Finance is safe and compliant with industry standards. This increased transparency strengthens users’ trust in the brand. This credibility makes RXS a relatively safer investment option that is attractive to both new and experienced investors during uncertain times in cryptocurrency trading.

Incentives in the form of giveaways to promote social engagement

Rexas Finance announces a $1 million donation to sustain a healthy community. Participants can win $50,000 worth of RXS tokens by engaging friends, promoting social media, and purchasing tokens during the presale period. The aim of this initiative is to compensate initial investors and create a broad base of active users.

Diploma

The competition with Bitcoin and Ethereum was primarily aimed at essentially being matched by Ripple. Given its transaction capabilities and its use as a growing currency among its users, XRP has the potential to become a major player. However, the challenges presented by both Bitcoin and Ethereum are still significant. In such a rapidly changing picture, Rexas Finance is now strengthening its position. With strong customer acquisition, a solid market capitalization during the presale and many ideas for development, RXS aims to become one of the tokens to follow in a few years. Whether it replaces them or not doesn’t matter; With or without an XRP flip, Rexas Finance represents a great story for the market that focuses on utility and potentially offers good returns.

For more information about Rexas Finance (RXS), please visit the following links:

Website: https://rexas.com

Win a $1 Million Gift: https://bit.ly/Rexas1M

White paper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance