XRP Stagnation Tied to Regulatory Issues; Changes Expected with New Laws
Analysts are debating the comparative growth of Bitcoin and XRP. Bitcoin has increased by 608% over seven years, whereas XRP remains around $3.02, similar to its price in early 2018.
Regulatory Challenges
- XRP's stagnant growth is attributed to regulatory issues, including a five-year legal battle with the US SEC.
- The lawsuit led to major US exchanges delisting XRP, limiting investor access.
- Meanwhile, Bitcoin and Ethereum benefited from regulatory clarity, attracting institutional investments.
Future Changes
- New US legislation may dismantle the regulatory monopoly benefiting Bitcoin, leveling the playing field for all cryptocurrencies.
- XRP is no longer classified as a security, and the Ripple-SEC lawsuit has concluded.
These developments could enable XRP to close the performance gap with Bitcoin and potentially enter a new growth phase.
