Vitalik Buterin Says, “XRP is Better Than Bitcoin!” XRP Might Claim $49.98 Quickly

Vitalik Buterin, co-founder of Ethereum, recently shook up the crypto world by tweeting, “XRP is better sound money than $BTC .” This bold statement has sparked excitement among investors, especially as $XRP ’s price looks set to reach $49.98 within days.

Adding to the buzz is the opportunity for users to earn CTF tokens as rewards when they use XRP for payments at participating merchants. With limited supply and growing demand, the CTF token, currently priced at $0.72, could skyrocket to $498. That makes it a win-win for those holding both XRP and CTF tokens.

For those who missed the tweet, Buterin’s comment came in response to Pierre Rochard’s research on Bitcoin’s value. Rochard described Bitcoin as “peak sound money.” Buterin humorously suggested that a price graph for XRP compared to itself would look similar to Bitcoin’s. He still emphasized that XRP would still qualify as sound money. His comment not only challenges Bitcoin’s dominance but also highlights the potential of XRP as a stronger alternative.

XRP’s Growing Adoption

Buterin’s remarks point to XRP’s increasing use by institutions across the globe. Many financial institutions and payment providers are adopting Ripple’s technology. Thus, XRP is becoming a popular choice for fast and low-cost cross-border transactions. This growing adoption positions XRP as a strong competitor to Bitcoin, particularly in the payments space.