XRP Holds Steady Above $1.35 as Ripple's CTO Sees Potential for Market Cap Supremacy
The price of XRP is holding steady above $1.35 on September 12, despite a choppy week in the crypto market.
This comes as Ripple's CTO Emeritus David Schwartz expressed his belief that XRP could one day overtake Bitcoin in market capitalization, not due to Bitcoin's decline but because of XRP's growth in a broader digital asset market scenario.
XRP spot ETFs are also continuing their streak of net inflows, adding $5.14 million on September 10 and tracking towards a ninth consecutive positive week with $18.98 million in inflows through Wednesday.
The Parabolic SAR at $1.5647 remains above the current price, indicating a cautious short-term trend, while a close above $1.45 could open room for XRP to reach $1.55.