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Latest cryptocurrency news > RIPPLE (XRP) > Will XRP and HBAR Outperform Major Cryptocurrencies?
RIPPLE (XRP)

Will XRP and HBAR Outperform Major Cryptocurrencies?

BH NEWS
Last updated: 1 January 2025 00:22
BH NEWS 1 year ago
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Bill Morgan, an attorney and advocate for XRP, recently shared his insights on social media platform X, predicting that both XRP and HBAR will eclipse major cryptocurrencies such as Bitcoin, Ethereum, and Solana by the year 2025. This announcement follows a notable surge in XRP’s value, which gained momentum after Donald Trump’s election victory. Enhanced discussions within the market regarding the trajectories of Bitcoin and altcoins further lend credibility to Morgan’s bold forecast.

What Drives Morgan’s Confidence in XRP and HBAR?

Morgan’s predictions counter those shared by crypto analyst CryptoJelleNL, who envisions Bitcoin reaching $150,000 and Ethereum hitting five-digit prices by 2025. This analyst also anticipates that Solana could achieve a price of $500, signaling a peak in the market by the end of 2025.

Contents
What Drives Morgan’s Confidence in XRP and HBAR?Can HBAR and XRP Maintain Their Momentum?

Can HBAR and XRP Maintain Their Momentum?

In contrast to these predictions, Morgan states that “HBAR and XRP are entering price discovery and will leave the mentioned cryptocurrencies behind.” His optimism is fueled by the resolution of Ripple’s legal challenges and Trump’s pledge to elevate the U.S. to a leading role in cryptocurrency.

Currently, XRP is seeing a modest recovery, trading at approximately $2.08 with a 24-hour trading volume that has surged to $6.22 billion, reflecting a 31% increase. Analysts maintain a positive outlook for XRP, with price projections potentially reaching $11.

Conversely, HBAR has dipped to $0.2711 amid a broader market slump, yet its trading volume has risen by 30%, totaling $708.26 million. A Bloomberg ETF analyst suggests that a Hedera ETF may launch before those for Solana and XRP, further indicating optimism in the sector.

Positive developments, such as the partnership between Hedera and Chainlink focused on DeFi innovations and the tokenization of tangible assets, are uplifting market sentiment, heightening expectations for notable cryptocurrency rallies.

– XRP and HBAR may have robust growth potential by 2025.
– Recent legal resolutions for Ripple bolster XRP’s outlook.
– Market sentiment is positively impacted by partnerships like Hedera’s with Chainlink.

With ongoing market dynamics and legal developments, XRP and HBAR are emerging as strong contenders for significant advancement within the cryptocurrency landscape by 2025.

You can follow our news on Telegram, Twitter ( X ) and Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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