- Pro-XRP crypto community members are impressed with the altcoin’s recent performance.
- XRP outperformed Bitcoin in the past seven days.
- Crypto stockpile controversy did not slow down XRP’s bullish performance.
XRP’s recent behavior is catching the attention of crypto community members who monitor its performance amid increasing bullish momentum. By comparison, XRP has lately outperformed several top cryptocurrencies, including Bitcoin, highlighting the payment-focused crypto’s potential for more growth.
In his latest post on X, the renowned crypto lawyer Bill Morgan revealed how XRP performed better than Bitcoin in the past seven days despite the latter’s impressive recovery. Morgan mentioned how XRP’s performance demystified critics’ predictions by remaining a step above Bitcoin, notwithstanding a boost in BTC adoption resulting from Michael Saylor’s acquisitions, Bitcoin Strategic Reserve news, and treasury acquisitions.
Related Article: XRP Price Targets $3 as SuperTrend Buy Signal and SEC Settlement Boost Confidence
For context, one XRP critic on X cited the controversy involving a renowned lobbyist rumored to have influenced President Donald Trump’s inclusion of XRP in the US Crypto Stockpile list. The critic’s post suggested the situation would backfire, with the possibility of having a negative influence on XRP’s price. He mocked XRP users in one of his posts, saying they got played.
Contrary to the critic’s expectations, XRP waxed stronger, with the price surging significantly in the past few days. XRP has gained nearly 20% in the last six days, bouncing off support at $2.0775 to reach a $2.4832 high in the early hours of Sunday. Compared with Bitcoin, XRP gained 1.18% against the pioneer cryptocurrency, despite the latter’s impressive surge, which saw BTC return above $100,000 in the search for a new all-time high.
Related Article: Lobbying Helped, But XRP’s Stockpile Listing Matches Its Global Use Case
XRP traded for $2.3861 at the time of writing, following a slight pullback from the $2.5 resistance region. Despite the pullback, the altcoin’s supporters believe in its potential to surge higher in the current crypto market recovery move. Ending the litigation between the SEC and Ripple remains a fundamentally positive development which XRP analysts believe would boost demand.
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