XRP Surges Past Bitcoin as Institutional Investors Drive New Market Cycle
Ripple's XRP token has surged 46% over the past week, outperforming Bitcoin which gained around 21%. This disparity has reignited debate about whether XRP is entering a new phase of its market cycle, driven by institutional investors seeking real-world utility rather than retail speculation.
Mickle, an expert in the field, pointed out that crypto markets have been evolving with a new class of sophisticated capital coming into play. According to Mickle, this shift may indicate that XRP is moving towards a genuinely different kind of market cycle.