XRP Rockets 277% vs BTC in a Year as Ripple CEO Applauds GENIUS Act Win
Main Idea
XRP has significantly outperformed Bitcoin with a 277% gain over the past year, driven by factors like institutional inflows, regulatory support, and the passage of the GENIUS Act, which benefits Ripple and the broader crypto market.
Key Points
1. XRP surged 277% against Bitcoin in the past year, outperforming BTC's 88% gain, despite lacking a US ETF or DeFi yield.
2. The XRP/BTC ratio rose from 0.00000902 to 0.0000303, highlighting XRP's relative dominance in value growth.
3. Whales holding over 1 million XRP accumulated about 1.45 billion tokens, and institutional inflows, like Teucrium’s XXRP ETF, contributed to XRP's rise.
4. The GENIUS Act, signed into law, provides regulatory clarity for stablecoins like Ripple’s RLUSD, indirectly benefiting XRP by reinforcing its utility in regulated finance.
5. Ripple CEO Brad Garlinghouse praised the GENIUS Act as a landmark win for crypto, citing its pro-innovation stance and potential to strengthen XRP's market position.
Description
XRP Emerges as the Victor In the 12 months through, XRP has surged approximately 277 % against Bitcoin, a striking leap compared to BTC’s solid yet sober 88 % gain. Calling out this development, market analyst Kyle Chasse pointed out , “ Ripple is about to change everything. XRP has outperformed Bitcoin by triple digits … without a US ETF, treasury adoption, or native DeFi yield.” Interestingly, while BTC rode a wave of institutional adoption backed by exchange-traded funds (ETFs) and corporate ...
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