XRP’s Counter-Narrative: Challenging Bitcoin’s Institutional Dominance Towards $200K
While Bitcoin aims for $200,000 by the end of 2025, XRP is emerging as a strong contender for institutional investment. Both cryptocurrencies are vying for dominance, each with unique strengths.
Analysis from Scott Melker’s firm suggests Bitcoin’s growing financial sector role gives it an edge. However, XRP’s focus on real-world payment solutions presents a compelling alternative for institutions.
Despite sustainability debates, XRP’s recent price surge shows market interest, and its unique capabilities could attract institutional investment, challenging Bitcoin’s current lead.
Bitcoin’s acceptance as a strategic reserve asset grows globally. Yet, XRP focuses on efficient, low-cost cross-border payments, a limited area for Bitcoin. While XRP’s valuation faces skepticism, its practical financial application is significant for institutions.
Bitcoin’s role as a store of value contrasts with XRP’s focus on swift, low-cost transactions via the Ripple network, offering a compelling option beyond just holding digital assets.
Related: Bitcoin Speculative Trading Loses Steam: Is Trump’s Crypto Push to Blame?
Blockchain is primarily a settlement ledger, highlighting Bitcoin’s institutional appeal. XRP uses the XRP Ledger for rapid, inexpensive transactions.
This difference could sway institutions prioritizing payment processing over secure settlement. XRP’s real-world payment utility offers a tangible advantage over Bitcoin’s store-of-value narrative.
Bitcoin’s 15-year history without downtime provides a strong foundation of credibility, a factor highly valued by financial professionals.
However, XRP, backed by Ripple, has been actively forging partnerships with financial institutions worldwide, demonstrating its potential to disrupt traditional payment systems. While Bitcoin’s reliability is a plus, XRP’s proactive approach to real-world integration presents a significant competitive advantage.
Related: Ripple CTO David Schwartz Explains Why Bitcoin Lost Its Transactional Edge
Industry leaders like Michael Saylor have been influential in driving institutional adoption of Bitcoin. Conversely, Ripple has focused on building direct relationships with financial institutions, showcasing XRP’s capabilities for improving payment infrastructure.
While Bitcoin benefits from vocal advocates, XRP’s tangible partnerships offer a concrete path to institutional integration and potential challenge to Bitcoin’s dominance.
Bitcoin’s value proposition as a trustless settlement system is compelling, but XRP’s strength lies in its ability to operate as a fast and cost-effective payment network, minimizing reliance on traditional banking intermediaries for transactions.
As central banks consider digital currencies, XRP’s established payment infrastructure could position it as a strong contender against Bitcoin’s store-of-value focus.
Bitcoin’s current market trends show bullish potential, but XRP has also demonstrated resilience and maintained its position as a significant player.
While Bitcoin’s market dominance is clear, XRP’s focus on specific use cases and its potential for adoption by financial institutions could lead to significant growth and a stronger competitive stance against Bitcoin .
Bitcoin’s price action correlates with NASDAQ, indicating its growing integration with traditional financial markets.
However, XRP’s value proposition is less tied to traditional market sentiment and more focused on its utility in facilitating global payments. This real-world application could make XRP a more attractive option for institutions looking for practical solutions rather than just speculative assets.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin Facing An Unprecedented Crisis According To Glassnode
The euphoria of the February peaks has evaporated. Bitcoin, after having brushed against 109,000 dollars, is now fluctuating around 82,000 dollars, revealing a reality more complex than it seems. According to the latest report from Glassnode, authored by researchers Cryptovizart and Ukuria OC, the market is facing an unprecedented liquidity crisis, coupled with a growing divide among investors. A contrasting picture that raises questions: is Bitcoin at a critical turning point or simply in a phase of consolidation?
Bitcoin is going through a period of financial drought. The Realized Cap, a key indicator measuring the capital actually invested, is only increasing by 0.67% per month.
This stagnation betrays the absence of fresh capital flows, essential for supporting prices. On-chain trades and derivative markets reflect this asphyxiation: inflows onto platforms have dropped by 54% since the end of February, while the “Hot Supply” — those bitcoins held for less than a week, a symbol of frantic speculation — has halved to barely 2.8% of the circulating supply.
The open interest on futures contracts has decreased by 35%, a sign of a retreat from hedging and arbitrage strategies.
Institutions, in particular, are unwinding their “cash and carry” positions — combining spot ETFs and shorts on futures contracts — causing massive closures (378 million dollars on the CME) and outflows from ETFs. “The unwinding of these trades intensifies the pressure on prices,” emphasizes Glassnode .
The options tell the same story: put premiums are rising, while the Delta Skew (25) confirms that bearish protections are favored by investors. Institutional traders, in particular, seem to be barricading themselves, anticipating persistent volatility.
The current correction in Bitcoin is widening a gap between two categories of actors. Short-term holders (STH), caught in the turmoil, see their unrealized losses reaching cyclical record levels: 7 billion dollars since February.
An alarming figure, but still lower than that of the capitulations of 2021-2022. “These investors are under intense psychological pressure, oscillating between hope and panic,” analyze Cryptovizart and Ukuria OC.
On the opposite side, long-term holders (LTH) are biding their time. Their selling activity is slowing, even if some have seized the opportunity to secure profits around 80,000 dollars.
“Their partial withdrawal from the market reflects a defensive strategy, but not a flight,” the report specifies. With 40% of Bitcoin’s total wealth in their hands, LTH are sitting on a sword of Damocles: a massive sell-off could flood the market.
This duality sketches a paradoxical landscape. On one side, STH, mired in historical losses, embody the fragility of the retail market. On the other side, LTH, silent guardians, seem to be returning to a logic of patient accumulation. “Their relative inertia acts as a stabilizer, limiting panic sales,” notes Glassnode.
Bitcoin is navigating in a gray area, torn between institutional caution and the distress of small holders. The stagnant liquidity and high volatility could persist as long as incoming flows remain timid. However, there remains a glimmer of hope: if institutional ETFs manage to offset outflows, the network could regain balance.
Swiss Central Bank rejects Bitcoin for reserves, citing volatility: report
Swiss National Bank Governor Martin Schlegel reaffirmed the central bank’s position against incorporating Bitcoin or other digital assets into its foreign exchange reserves.
Schlegel expressed concerns to Bloomberg regarding Bitcoin’s ( BTC ) high volatility, instability, and the regulatory challenges associated with cryptocurrencies. These factors were cited as the main reasons for his position.
He highlighted that the Swiss National Bank’s reserves are meant to support monetary policy, and he noted that digital assets do not align with this goal.
This position is consistent with Schlegel’s earlier remarks . In a November 2024 event, he expressed caution regarding cryptocurrencies like Bitcoin and Ethereum ( ETH ), labeling them as niche phenomena unsuitable for payment purposes due to significant value fluctuations.
He also highlighted concerns about the high energy consumption required for cryptocurrency operations and their association with illegal activities, making them difficult to regulate.
Despite the SNB’s reluctance to adopt digital assets, Switzerland continues to be a hub for blockchain innovation.
Recently, the Swiss subsidiary of the Stuttgart Stock Exchange, BX Digital, received approval from the Swiss Financial Market Supervisory Authority to operate a blockchain-based trading system.
This platform enables direct settlement and transfer of assets using Ethereum-based blockchain technology, eliminating intermediaries and reducing transaction times and costs.
Nexo also just expanded its Nexo Card to Switzerland and Andorra on Feb. 11 as part of its 2025 Growth Plan.
The card, which combines debit and credit functions, reached a 62% adoption rate among eligible users in the European Economic Area.
Pi Network Nears $1.20 Test on March 21: Will It Break the Barrier?
Pi Network (PI) has shown some fight in its recent price action, but it’s heading into a critical resistance level around March 21st. Right now, the token sits at $1.18 , which is a 4.79% jump over the last 24 hours.
Even with this price bump, the amount of PI traded in the last 24 hours has dropped by a significant 32.90% to $361.2 million. This dip in trading activity might mean that market players are being a bit cautious.
On the other hand, the total value of all PI out there (market cap) has risen by 4.34% to $8.06 billion, suggesting that overall investor confidence is still holding up.
For traders keeping an eye on PI, there are some important price levels to note. The strongest area of support seems to be around $1.12, which was the lowest point recently. There’s also another support zone between $1.14 and $1.15, where the price has often consolidated before making upward moves.
According to CoinMarketCap, the big challenge right now is the $1.20 resistance level. If the price can break above this with strong trading activity, then the next target could be the $1.22 to $1.25 range.
Related: Pi Network (PI) Price Crash: Token Unlock and Binance Uncertainty Weigh Heavy
Pi coin’s price is making higher highs and higher lows, which usually points to an uptrend. However, the fact that trading volume has dropped off sharply could mean that the upward momentum might be losing steam. If buyers step in strongly and push the price above $1.20, we could see a further rally past $1.25.
On the flip side, if PI can’t keep up the upward push, it might fall back down towards the $1.12 – $1.14 support area. Right now, market sentiment seems split, with some traders betting on a surge while others are predicting a potential drop towards the $1.00 mark.
Several things happening outside of just trading could impact where PI’s price goes in the next few days.
The deadline for completing the KYC (Know Your Customer) verification process was on March 14th, and this might have created some uncertainty in the market. Users who didn’t get verified risk losing their mined PI tokens, which could lead to some selling pressure.
Related: Pi Network Price Plunge: What’s With the Pi Coin’s Wild Price Swings?
Also, the fact that major cryptocurrency exchanges haven’t listed PI is weighing on sentiment. Even though the community on Binance voted overwhelmingly (86%) in favor of listing it, they haven’t done so yet.
Similar big exchanges like Coinbase, Kraken, and Bybit have also stayed away from the token. This lack of major exchange listings could limit how easily people can buy and sell PI, which in turn could cap its potential price growth.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
CoinGecko Finds the Top Trending Crypto Sectors: L2, NFTs, Memes Grab Investor Attention
Cryptocurrency aggregation platform CoinGecko has spotlighted the top trending categories of crypto assets on its platform as of the early hours of Thursday, March 20, 2025.
In a post on X, CoinGecko revealed the leading asset classes capturing user attention, including Layer 2 (L2), Proof of Stake (PoS), NFT, Exchange-based Tokens, Smart Contract Platform, and Made in USA.
According to CoinGecko, the trending category is a dynamic indicator based on the most frequent user searches on their platform.
At the time of their initial report, CoinGecko users were primarily seeking more information on L2 protocols, followed by PoS projects and the remaining listed categories, in that specific order. Given the metric’s fluid nature, crypto analysts often use it as a real-time gauge of short-term market sentiment among users.
Related: CoinGecko’s 6 Trending Crypto Categories: What’s Hot in the Market
For investors and traders, understanding the current focus areas of the broader crypto community can be valuable in confirming their own research and investment strategies within specific sectors of the industry.
For instance, if technical or fundamental analysis points towards a particular crypto category or ecosystem, knowing that other crypto enthusiasts are also showing significant interest in the same area can boost confidence and reinforce investment decisions.
In the meantime, CoinGecko’s real-time data reveals how quickly trends can shift in the cryptocurrency market. As of the time of this report, a new set of crypto asset classes had already risen to the top six trending categories on CoinGecko, showing a significant change from their publication just a few hours prior.
This updated list of top trending crypto categories on CoinGecko now includes Four.meme Ecosystem, Perpetuals, AI Meme, PolitiFi, and Solana Meme.
Related: Ethereum Scaling: Why L2 Protocols Are Key but Not Without Issues
The rapidly changing list of top trending crypto asset categories highlights the inherent dynamism of the cryptocurrency market. It serves as a reminder of how quickly things can change and emphasizes the risk of relying solely on a single indicator when conducting market analysis.
As CoinGecko itself points out, their crypto assets trending category, along with other similar indicators, can be a useful addition to an investor’s toolkit. They offer insights into the current outlook of the crypto community, providing supplementary information to traditional technical and fundamental analysis methods.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.