Analyst Claims Chainlink Is More Suited as Banking Coin Than XRP

A debate has arisen regarding which cryptocurrency deserves the "banking coin" title. Analyst Quinten argues that Chainlink is better suited for banking applications than XRP.

Key Points

  • Quinten states Chainlink could outperform XRP in institutional partnerships despite XRP's larger market cap.
  • XRP trades at approximately $3 and has a market cap over $178 billion, while Chainlink is around $24 with a market cap exceeding $16 billion.
  • XRP facilitates cross-border payments, helping banks reduce costs and speed up transactions.
  • Chainlink has established connections with institutions like SWIFT, Mastercard, and central banks, enhancing its integration into the financial system.
  • Quinten sets a price target of $250 for Chainlink, while predictions range from $250 to $400 by Q4 2025.
  • Reactions are mixed; some view Quinten’s comments as promotional for XRP, while others see potential for both cryptocurrencies.
  • Current forecasts suggest Chainlink may rise by 7.53%, potentially reaching $26.12 by September 28, 2025.
  • Technical indicators show bullish trends, but market sentiment is neutral.