Since the first week of January 2025, the Ripple community has been at loggerheads with Bitcoin maximalists, who were rattled by the idea that the US government is considering adding XRP to the proposed national crypto stockpile. So before you are welcomed to the XRP family, you might need to buy a really substantial amount of tokens to prove where your “loyalty” lies. “How much $XRP do I need to be accepted in the #XRPFamily? I recently sold some other crypto to buy more. I now have around 375 XRP. Is that enough?” asked an XRP community member on X, earlier today. There were far more “yays” than “nays,” but the community is asking crypto enthusiasts to buy more and hold. Why? Pro-XRP crypto investors strongly believe 2025 is the year XRP will finally surpass Bitcoin’s market dominance. Community: XRP is better than Bitcoin In the mid-2010s, XRP was once the second-largest cryptocurrency by market capitalization, jumping in front of Ethereum. At the time, the Ripple Labs token’s presence was growing so fast, Bitcoin’s stans were scared it would give them a run for their money. But a series of deep dives into the structure of XRP, followed by a lawsuit in 2020 by the US Securities and Exchange Commission claiming it is a security, watered down all the hype within the crypto community. “At its core, the Ripple business model is a pump and dump scheme, as it undergoes numerous activities to increase the value of the XRP cryptocurrency (crypto). Unlike most crypto pumps and dumps, however, Ripple takes numerous steps to obscure this basic fact,” explained Jason Bloomberg in a Forbes article published in 2019. Unlike Bitcoin’s decentralized nature, the Ripple network operates with relatively few nodes, which has led experts to scream “centralization.” On the flip side, XRP’s supporters, who have dubbed Bitcoin stans as “maximalists,” continue to argue that the token’s utility and its ability to revolutionize cross-border payments outweigh concerns about decentralization. One X user recently posted about XRP’s energy-efficient fast transactions, claiming that the XRP Ledger “outpaces Bitcoin’s Proof of Work.” $XRP Ledger Revolutionizes Blockchain with Energy-Efficient, Lightning-Fast Transactions, Outpacing Bitcoin’s Proof of Work, and Positions Itself as an Ideal U.S. Strategic Reserve Asset #XRPFamily #Ripple pic.twitter.com/TfzDLmUGJV — 𝕏aif🇮🇳|🇺🇸 (@Xaif_03) January 28, 2025 In a January 28 post , Ripple CEO Brad Garlinghouse took a dig at BTC supporters, saying, “Maximalism is the enemy of crypto progress.” Garlinghouse went on to explain that he owns a range of cryptocurrencies, including Bitcoin, Ethereum, and XRP, and that if communities could work together, naysayers would stop calling the crypto market a “zero-sum game.” He added: “ We live in a multichain world, and I’ve advocated for a level-playing field, instead of one token versus another ,” he noted, “ If a govt digital asset reserve is created – I believe it should be representative of the industry, not just one token (whether it be BTC, XRP or anything else). ” XRP price surges, bullish trend signals arise Meanwhile, per Coingecko, XRP has surged 8.2% to $3.13 in the last 24 hours following the announcement that Ripple had secured Money Transmitter Licenses in New York and Texas. Ripple secures Money Transmitter Licenses in New York and Texas, bringing its total US licenses to over 50 !!! Oh and don’t forget XRP community day tomorrow for XRP 10am . #WeKeepWinning #xrp #xrpfamily @Ripple pic.twitter.com/IO3xJZGfCJ — CryptoJer (@deathbcomesu) January 27, 2025 This regulatory breakthrough has bolstered market confidence in XRP. The market index on TradingView shows the market is 88% bullish, with investors betting that the licenses will help Ripple expand its presence even further in the US market. On the intraday trading chart, XRP’s price is testing resistance levels near $3.78-$4.00. One market analyst on X suggests that a bullish breakout above $3.40-$3.50 could invalidate the rising wedge pattern, sending XRP towards $3.78 and potentially higher, while a rejection at the $3.78-$4.00 range could signal a pullback to lower levels around $2.85. Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet
