The gap between the two is now $ 20 billion.
The cryptocurrency connected to the world’s largest digital asset exchange has lately been on a role and has regularly hit new highlights, with the last above $ 1,190.
This has propelled its market capitalization into its own peak at around $ 160 billion from the time of this letter. BNB places this in a relatively dense proximity of USDT and XRP. The question we asked was: will (or when) bnb both exceed?
Can BNB XRP catch up?
Although the current difference of $ 30 billion between the Duo market caps is still quite important, what is more worrying for the XRP army is the lack of actual momentum behind their favorite property. The cross -border token of Ripple peaked in mid -July at $ 3.65, but it has not resumed since then and is currently struggling at $ 3.00, even while the entire market is pumping.
BNB, on the other hand, was won by the hype around Aster, last month and has won 30% compared to XRPs more modest 8.5%. The new all-time high came on Friday evening just over $ 1,190.
Chatgpt outlined various other bullish factors behind BNB, including the worldwide market dominance of the exchange behind it, the growing activity of the BNB chain and the burning mechanism, which reduces the amount of tokens until the total supply drops to 100 million.
At the same time, the Chatbot of OpenAi acknowledged that XRP has mainly traded sideways lately, and the momentum that is missing around. It noted that the adoption progress of the XRP whides and RLUSD is relatively slow in comparison with speculation-driven hype-cycles, such as BNB and Aster.
“My Take: BNB has a strong chance of catching up with the end of this year based on Momentamentals,” said the AI solution.
In a more ‘bullish’ scenario for BNB, Chatgpt said that the flipping can happen somewhere in October or November if the momentum of the Activum continues and adds another 20-25%, while XRP is stolen.
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Not so fast
Chatgpt also outlined another scenario in which XRP breaks from consolidation and reaches new highlights, so that the gap is retained or expanded with BNB. It would require token and the company behind it an important catalyst.
The most likely seems to be the potential approval of spot XRP ETFs in the US. The Securities and Exchange Commission has more than a dozen files waiting for a decisive decision after several delays. Many of them have a deadline for October, and a green light could let the underlying asset fly, the AI Chatbot said.
According to the current opportunities on polymarket, the opportunities for such financial products to reach the American markets by the end of the year are almost 100%.
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