Ripple XRP vs Cardano: Which Will Reach $1 First?
Ripple’s XRP token and Cardano (ADA) are trading at around $0.513. XRP has surged 2% in the last 24 hours and 3.5% over the previous week. On the other hand, ADA has rallied by 5.3% in 24 hours and 4.6% in...
Ripple’s XRP token and Cardano (ADA) are trading at around $0.513. XRP has surged 2% in the last 24 hours and 3.5% over the previous week. On the other hand, ADA has rallied by 5.3% in 24 hours and 4.6% in the weekly charts. Since January 2023, both assets have gained similar ground. While XRP is up 27% in the yearly charts, ADA is up 28.7% in the same time frame.
Also Read: Ripple XRP: $1000 Can Make You A Millionaire if This Happens
While both cryptocurrencies are almost equally as popular, both are in a race to breach the $1 level.
Ripple’s XRP vs Cardano: Which will reach $1 first?
According to Changelly, Ripple’s XRP could breach the $1 level sometime in 2025, while Cardano (ADA) could do the same by October 2025. Both tokens are heading to the $1 target at an equal pace.
Telegaon, on the other hand, paints a more bullish picture for both tokens. According to the platform, Ripple’s XRP and Cardano (ADA) could hit $1 in 2024. Telegaon predicts Ripple’s XRP to hit a maximum price of $2.28 this year, while it anticipates Cardano (ADA) to reach a maximum of $2.15. Both tokens, even by Telegaon’s estimates, are almost equally paced.
Also Read: Cardano (ADA) Could Rally 1500% to $8: Predicts Analyst
Ripple’s XRP token faces a significant barrier in the form of its legal dispute with the US SEC (Securities and Exchange Commission). If Ripple receives a favorable ruling from the high court, XRP could breach the $1 level ahead of Cardano (ADA). Cardano (ADA), on the other hand, has a lot of developmental activity, solidifying its bullish future.
There is a possibility that Ripple’s XRP and ADA will breach the $1 mark at about the same time. However, if the verdict from the SEC vs. Ripple lawsuit is towards the fintech company, XRP may reach its target sooner.
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