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Breaking News: XRP ETF Holdings Unveiled By $5 Trillion Asset Manager UBS: A Tale Spanning Nine Years
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Breaking News: XRP ETF Holdings Unveiled By $5 Trillion Asset Manager UBS: A Tale Spanning Nine Years

New ATH for Fantom (FTM) This Winter? Expert Says Surprising $0.12 Altcoin Could Top XRP Price in 2025

Bitcoinist
by Bitcoinist
Last Updated: December 17, 2024 6:32 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Fantom (FTM) becomes one of the top gainers of this bull run as bulls continue to dominate the market actions of the FTM coin. On the other hand, Ripple and DTX Exchange emerge as strong competitors in this bull run. With an ever-increasing XRP price and DTX’s massive $10.24 million raise, experts remain tilted toward the latter. Some crypto experts claim that DTX will soon outpace Ripple!

Fantom (FTM) Price Analysis: FTM Registers Huge Gains

The Fantom (FTM) price has been trading in a strong ascending trend since the reversal of the August lows close to $0.26. The trading volume over the platform has risen since November, and it appears to have declined to a large extent.

However, the token could get a fresh bullish boost as the selling pressure seems to have faded over the FTM token. Hence, the Fantom (FTM) price is believed to secure some crucial levels that may help the token form a new ATH in 2025.

The Fantom (FTM) price is trading within a rising parallel channel and has faced multiple rejections close to the resistance. Currently, the token is facing some bearish pressure, but the bulls are expected to revamp a strong rise. The MACD shows a drop in the selling pressure, which could pave the way for the accumulation of fresh buying volume.

Hence, with a rise in the buying pressure, the Fantom (FTM) price is expected to break above the Bollinger bands, which are currently going parallel, and reach $1.68. However, sustaining above the range could push the price above $2, which may eventually help the token to head towards the new ATH.

Ripple Demand To Surge in 2025 As RLUSD Stablecoin Can Push XRP Price

Ripple’s XRP is at the center of growing attention due to major ecosystem developments and price movements. The upcoming RLUSD stablecoin, pegged to the U.S. dollar, is set to launch on the XRP Ledger (XRPL) and Ethereum blockchains, backed 1:1 by cash reserves and short-term cash equivalents like U.S. Treasury bills.

Approved by the New York Department of Financial Services, RLUSD will require XRP for transaction fees, which are burned during transfers, driving demand for the token and boosting XRP price. Axelar co-founder Georgios Vlachos noted that RLUSD’s utility, particularly in emerging economies where stablecoins are widely used for transactions and savings, will significantly boost XRP price and Ripple adoption in 2025.

Axelar’s interoperability platform also links XRPL to 69 other blockchains, enabling seamless integration. XRP price experienced a historic rally in late 2024, hitting a seven-year high of $2.90 on Dec. 3 before settling at $2.40. This surge followed pro-crypto rhetoric from U.S. President-elect Donald Trump, who promised regulatory changes to support the crypto industry after his electoral win on Nov. 5.

Ripple’s ongoing partnerships, such as its collaboration with the Axelar Foundation to expand the XRPL EVM sidechain’s connectivity to over 80 blockchains, have also fueled optimism. Ripple’s developer-focused account revealed that these efforts would reduce transaction costs and increase network efficiency. Ripple’s increasing prominence among both institutional and retail investors puts it in tough competition with DTX Exchange.

Emerging Hybrid Model DTX Exchange Slays Presale Rounds

The sudden rise in DTX Exchange’s presale round 6 hints at a potential break out in the project. While retail traders are pumping millions into this deFi newcomer, analysts are pointing towards the fact that DTX Exchange (DTX) could potentially surge by a whopping 300% in the near term and outshine several crypto giants.

As Ripple (XRP) looks towards a high in the coming weeks, DTX Exchange (DTX) is ready to break out at all costs with heavy volumes. In addition to that, institutional investors also hope that DTX Exchange (DTX) will succeed owing to its state-of-the-art blockchain technology as well as the latest updates to the network.

While analysts haven’t observed an evident clash between the two altcoins, DTX Exchange and Ripple (XRP) present potential rivalry amid the shifting sentiment in how investors are moving their assets. Among the many factors that make it stand out, DTX Exchange utilizes distributed liquidity pools to enhance liquidity and reduce slippage.

These pools have aggregated liquidity from multiple sources, hence making the trading environment way more efficient. The idea of distributed liquidity pools in DTX Exchange is integrated into the DTX protocol by bringing in a lot of liquidation, thereby enabling traders to execute orders at minimal slippage and with competitive pricing in the crypto market. Thus, experts claim DTX might outshine Ripple soon!

Key Takeaways

As bulls continue to control the market movements of the FTM coin, Fantom (FTM) emerges as one of the leading winners of this bull run. However, Ripple and DTX Exchange are formidable rivals. Experts continue to lean toward the latter in light of DTX’s enormous $10.24 million raise. The steadily rising XRP price fails to leave DTX behind. According to certain cryptocurrency experts, DTX will surpass Ripple shortly!

 

Learn more:

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