Why XRP Is Being Hailed As The Top Trade Over Bitcoin And Ethereum

Crypto analyst Amonyx highlighted a CNBC video proclaiming XRP the hottest crypto trade of the year, surpassing Bitcoin and Ethereum. This recognition comes as XRP ETFs consistently experience inflows, even while other crypto funds face outflows. CNBC noted that investors piled into XRP ETFs late last year, seemingly viewing it as a less crowded trade compared to Bitcoin and Ethereum during a market decline. This strategy paid off, with XRP recording a 20% gain at the year's start. XRP's utility in cross-border payments contributes to its growing prominence, alongside Solana. Both altcoins are suggested to have greater upside potential than Bitcoin and Ethereum. Users and investors are increasingly favoring faster, cheaper networks like Solana and XRP Ledger for payments and tokenization. The XRP Ledger recently surpassed Solana in tokenized value, according to RWA.xyz. XRP ETFs continue to see daily net inflows, maintaining a five-day streak, with only six days of outflows since the year began. These funds now hold $1.02 billion in net assets, representing 1.20% of XRP's market cap. Despite lower weekly inflows compared to Bitcoin, Ethereum, and Solana funds last week, XRP's consistent inflows suggest strong investor confidence. The XRP price currently trades around $1.36.