Market watchers argue that while XRP may continue to frustrate holders in the short term, it could be gathering momentum for a dramatic rally that will push it past its all-time high.
Currently, XRP is trading 81% below its all-time high, while Bitcoin is in a price discovery phase, regularly claiming new peaks.
Notably, Bitcoin has gained 112% year-to-date (YTD), while XRP’s growth over the same period is significantly slower, with just an 11% gain. Meanwhile, prominent altcoins like Solana and BNB have closely mirrored Bitcoin’s performance this year, each registering over 100% YTD gains.
Data shows that among the top 100 cryptocurrencies by market cap, 71 of them are outperforming XRP in terms of yearly price performance.
With such disappointing results, many have written XRP off, arguing it has no bull market potential. However, core XRP proponents continue to assert that the asset still holds significant promise.
