Standard Chartered sees XRP in three years before ETH as the number one of the altcoins
- Ethereum ETF drainage increases 39% and show a short-term withdrawal of investors due to price pressure.
- At the British Investment Bank Standard Chartered, it is convinced that Ripple XRP Ethereums ETH replaces second place in the cryptocurrencies according to Bitcoin.
The mood of the investors regarding Ethereum [ETH] is uniformly very divergent. While small investors and short -term investors withdraw, institutional investors double their missions. While ETF drains from Ethereum skyrocket, Blackrock has received a significant long-term commitment. Meanwhile, Standard Chartered predicts a large upheaval in the crypto ranking and positions Ripple [XRP] As a potential successor to Ethereum until 2028.
Ethereum is currently being traded at $ 1,635.69, with an increase of about 1.55 % in the last 24 hours. ETH is rejected at $ 1,657.37 and supported at $ 1,564.84.
Despite institutional support, ETH ETFs lose
As CNF reported, an outflow of 39% or $ 82.5 million recorded in the past week, as CNF reported. This has been the biggest drawdown for months and continues the trend of drainage since mid -February. All the Hängr with Ethereum’s drop in price to $ 1,500 together. All net assets in Ethereum ETFs have now fallen to $ 5.24 billion, compared to $ 12 billion in late 2024.
Despite the sales, Blackrock is fully set to Ethereum. The company has increased its ETH stocks to $ 1.8 billion. The portfolio data show a steady accumulation pattern by 2024, so Blackrock assesses the role of Ethereum in the field of digital assets very positively in the long term. Analysts see a growing discrepancy between the short -term mood in retail and the conviction of the institutions.
Standard Chartered sees XRP in front of Ethereum by 2028
XRP attracts attention because Ethereum is in an unstable position. Standard Chartered predicts that the market capitalization of XRP Ethereum will overtake before 2028. The bank’s analyst, Geoffrey Kendrick, predicts that XRP will reach the status of the second largest crypto asset except stable coins within the next three years.
The market dynamics have shifted towards the competition, while Ethereum is faced with the instability of its market -leading position. The different institutional perspectives on ETH and XRP are becoming increasingly clear because Blackrock explains its ETH engagement, while Standard Chartered announces its support for the market growth of XRP. Institutional investors are shared of whether Ethereum is a long-term value, while Ripple’s growth proves to be transformative for the crypto leadership.
It turns out that the current cryptom market gradually diverges into different strategic directions. Despite its current short -term key figures, the institutions continue to support Ethereum, although the performance subsides. The growing market presence of XRP will compete with the current cryptocurrency rankings that could experience significant changes in the next few years.
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