Could XRP Be the New Digital Gold Candidate That Challenges Bitcoin’s Dominance?

Updated
April 24, 2025
Gambar Could XRP Be the New Digital Gold Candidate That Challenges Bitcoin’s Dominance?

Jakarta, Pintu News – The year 2025 witnessed the rise of Ripple as it achieved milestone after milestone, while Bitcoin continued to disappoint its users who were expecting a significant price increase.

With the legal battle between Ripple and the US Securities and Exchange Commission (SEC) over, XRP peaked at $3.40 in January, providing huge gains for long-term holders.

As Bitcoin begins to lose its image as a “safe harbor” and Ethereum experiences a downturn, XRP stands out as a major competitor to the “digital gold” narrative that Bitcoin has been holding.

Check out the full analysis here!

Ripple, the payment remittance company that has been battling the SEC for almost five years, eventually came out on top with a fine of $50 million, a far cry from the SEC’s initial demand of $125 million.

The settlement provides legal clarity for Ripple (XRP), allowing the token to be freely traded on exchange platforms. This victory opens the door wide for institutional adoption, renewed interest from retail traders, and listing on major exchange platforms across the ecosystem.

Also read: XRP Stands at Support, Ready to Move to the Upper Level?

Institutional Trust and Growing Demand

Institutions such as Coinbase Derivatives, Bitnomial, and ProShares have filed for ETFs tied to Ripple (XRP). Coinbase Derivatives has even listed an XRP futures contract on April 21, which is supervised by the CFTC and offers a capital-efficient way to gain XRP exposure.

In March 2025, Bitnomial launched physically-settled XRP futures contracts, differentiating them from cash-settled options. This signaled increased institutional confidence in the asset post-legal settlement.

Also read: Top 3 Memecoins that went up this week, not PEPE?

Bitcoin’s Digital Gold Narrative Fades

Two key events that paved the way for Ripple (XRP) to become the new “digital gold” were Bitcoin’s declining association as a gold alternative and XRP’s increasing demand and value amid institutional investors and traders.

Despite Bitcoin’s recent climb back above $91,000, XRP has outperformed with a year-to-date gain of 3.71% and a six-month gain of over 300%. Analysts at JP Morgan noted the mounting pressure on Bitcoin’s narrative as digital gold under current market conditions.

Conclusion

xrp price forecast
Source: Crypto.news

With a total net input of $214 million so far this year, Ripple (XRP) is now the third best performing crypto asset. The combination of positive investor returns, speculation around an ETF filing, and growing market demand is reinforcing the growing narrative that XRP could be seen as an alternative to “digital gold.”

For some market participants, including traders who focus on futures trading, this development opens up speculative opportunities as well as hedging against the volatility of other crypto assets.

US President Donald Trump’s proposal to consider XRP as part of the national crypto reserve could further strengthen this position, especially at a time when Bitcoin is still considered limited in terms of utility for everyday users outside the crypto ecosystem. If this discourse continues to develop, it is possible that XRP will be in the spotlight from both long-term investors and active traders.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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