Crypto analyst Dark Defender has shared an optimistic prediction for XRP, suggesting that the token could soon surpass Bitcoin and Ethereum in terms of market dominance.
In a recent post, Dark Defender highlighted several reasons why XRP stands out as the most promising cryptocurrency among its peers.
According to the analyst, XRP’s regulatory clarity is a significant advantage. The recent ruling by Judge Analisa Torres, which declared that XRP is not a security, combined with the U.S. SEC dropping its lawsuit against Ripple, positions XRP for growth.
Additionally, Dark Defender pointed out the potential for XRP’s inclusion in the U.S. Digital Asset Stockpile, a move initiated through an executive order by President Trump. Coupled with the anticipated approval of XRP ETFs, these factors create a positive outlook for the token.
Market expert Nate Geraci also weighed in, noting that an XRP ETF approval is increasingly likely, with Polymarket data indicating an 87% probability of approval within the year.
Dark Defender also referenced the development of Ripple’s stablecoins, including those pegged to other currencies like RLUSD, emphasizing that XRP, rather than Bitcoin or Ethereum, is poised for significant growth.
In another post, the analyst pointed to XRP’s recent price action, noting a bullish rectangle pattern that could lead to a surge in value. He forecasted that XRP could reach $11 once the current consolidation phase concludes, signaling a potential breakout.
Hi all, $XRP formed a great Bullish Rectangle Pattern ✅
This consolidation will be over very soon 🕜
The next leg will welcome new all-time highs.
Tick Tock!⏰
Have an excellent day! pic.twitter.com/l8SUqxvQTR
— Dark Defender (@DefendDark) March 27, 2025
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/xrp-set-to-surpass-the-two-biggest-cryptocurrencies-analyst-forecasts-major-price-surge/