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Ethereum Price Puts Itself Second in Market Cap but XRP Has Much More Interest β€” Will It Grab Second Place Soon?

  • Jack Thomas
    🀷 Opinions

    There is a burgeoning rivalry for second spot between XRP and ETH, but these are very different coins with the former having a lot more interest


Ethereum Price Puts Itself Second in Market Cap but XRP Has Much More Interest β€” Will It Grab Second Place Soon?
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While Ethereum has remained second in terms of market cap for most of its lifespan, sitting as the first rival for Bitcoin as a new smart contract blockchain, it is in danger of being usurped by the current number three: Ripple and its XRP token.

However, even though XRP has found itself in second place in the recent past, this rivalry between the two coins under Bitcoin is a false rivalry as they have very different directions and niches. Though when it comes to interest, one is a clear leader.


Ethereum might be winning the popularity contest because its market cap is above $17 million and XRP has a market cap of around $13 million.

On the other hand, there is another metric used to measure the rival cryptos’ popularity that shows a different outcome: Google trends.

The popular Ripple

Google trends is showing that when it comes to worldwide searches, Ethereum is not nearly as popular as its faux rival, Ripple. But it is also important to note that when it comes to searching, Ripple and XRP are often used interchangeably.

Over the past 90 days, the two coins have followed a similar path as the crypto spring has pushed up the interest and sentiment, yet, on average, it is clear that Ripple is miles ahead.

The popular Ripple

There are a lot of things to consider when determining the worth or value of a coin outside its actual price, and while interest is not the be all and end all, it is an important metric to note. So, while Ethereum holds second spot, it is in danger of being overtaken by Ripple if the company is able to take that interest and turn it into market success.

Added value

Again, while the market cap rating of a coin is not the be all and end all, it is another aspect that does add value to a coin beyond its token value. There is lot of prestige and importance for coins to be in the top 10, 20, or indeed three of the market cap standings as it indicates success.

Ripple and its XRP token are perhaps more interested in chasing banking partnerships, but if they were to overtake Ethereum, their own value as a company would certainly rise. However, it would have to be a long-term overtaking rather than a fleeting one as has been the case before.

Cover image via u.today
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Blockchain Adoption Uncovered by Forbes as Billion Dollar Companies Buy In to Drive Technology

  • Darryn Pollock
    🀷 Opinions

    Blockchain adoption by billion dollar companies is probably a lot further along than expected as Forbes has revealed


Blockchain Adoption Uncovered by Forbes as Billion Dollar Companies Buy In to Drive Technology
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Forbes has recently released a list of 50 companies utilizing blockchain technology that are valued at over a billion dollars, these companies include the likes of Amazon, Microsoft, IBM, as well as less technical ones such as BP and Walmart.

What is surprising about the list is just how broad the scope of interest is when it comes to blockchain by these massive global companies. The adoption of blockchain, over the last 10 years, has been relatively slow, up until now.


But, in 2019, it seems that the future of technology has been laid out and to get a competitive edge these companies realise that there is a lot that can be done with blockchain and that they need to get their foot in the door.

Heavy hitters

While the Forbes list paints a grand picture of blockchain adoption, it also shows just how far along in the process some of these companies are. For companies to have made it onto the list, they have to have been using blockchain in some sort of effective and tangible way.

There are some, like insurance giant MetLife, which already has a working blockchain, and product, that has been going since 2014. Back then, the adoption of blockchain by major companies was not even heard of – it was more about the starting boom of Bitcoin.

But blockchain is the new leader in the space, taking over the batton from cryptocurrencies which certainly helped raise the profile of the entire ecosystem. If it was not for the cryptocurrency boom, a lot of these major companies would never even have stumbled across the underlying technology.

A drive for blockchain

Now, with the cryptocurrency market right back down again, and a lot of the speculation having been cleared out, there has been a whole year of rather focusing in on blockchain building and its application, instead of making money off speculative tokens.

That change in mindset has really helped major corporations take on the technology and begin experimenting with its efficiency and disruptive powers. There is almost an arms race going on as the advantages the technology can give across a huge spectrum of enterprises, which are massive and very coveted.

A need for enterprise investment

There still remains a debate as to whether blockchain, and crypto, with its decentralised nature, is in need of these major corporations coming in to monopolise the space which was born out of defiance of banks.

However, it would be foolish to think that blockchain can reach its full potential without a drive from big companies with big budgets. Smaller startups and companies are able to bring innovation and excitement to the space, but the mass adoption will only come when the heavy hitters are involved.

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