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Recent developments in the Ripple Labs and the United States Securities and Exchange Commission (SEC) have brought about significant implications in the market, among them influencing XRP’s market value. Market data analysis has proven XRP’s dominance over the second-generation crypto, Ethereum (ETH)
In the United States, a couple of cities have increased investments in XRP compared to Ethereum, and this has shown a positive influence on the XRP community. These regions were inclusive of New York, Vermont, and even the District of Columbia, among others.&nbsp;
<h2 class="wp-block-heading" id="ripple-s-xrp-dominance-over-eth-in-america">Ripple’s XRP dominance over ETH in America</h2>
The United States of America has seen a growing interest in the XRP tokens over Ethereum’s ETH based on recent market analysis. Based on Google Trends Data, more than 47 States recorded an increase in <a href="https://www.cryptopolitan.com/99-chance-win-for-ripple-with-20m-settlement/" rel="noopener noreferrer nofollow">XRP </a>investment interest as the residents opted to onboard the digital asset over Ethereum’s ETH.&nbsp;
Among the States that showed this growing interest include Arizona, Hawaii, Nevada, Delaware, and Louisiana. These are the most popular XRP regions, with others following, but Ethereum’s dominance has been showcased in several States, <a href="https://trends.google.com/trends/explore?date=today%201-m&amp;geo=US&amp;q=XRP,Ethereum,Cryptocurrency,Ripple&amp;hl=en" rel="noopener noreferrer nofollow" target="_blank">including</a> Oregon, Vermont, New York, and the District of Columbia.&nbsp;
Ripple has seen a rigorous up-and-down rally since the beginning of the year, even so, following its legal battle against the SEC that started over three years ago. However, the cryptocurrency has experienced a significant yield since the second half of 2023.&nbsp;
The reasons behind this surge could be attributed to the growing interest in the Securities and Exchange Commission case with XRP’s backbone company, Ripple Labs.&nbsp;
<h2 class="wp-block-heading" id="what-s-next-for-xrp">What’s next for XRP?</h2>
The firm’s implicated executives and the entire company are on the safe side of successfully having a victory over the SEC. The blockchain network has already pursued successful wins against the regulatory authority, and this has increased investor confidence in the digital currency.&nbsp;
Since the beginning of the legal battle in 2020, the outcome of the long lawsuits is set to be revealed in 2024 in a grand trial. The recent developments can be linked to the rise in <a href="https://x.com/Michael63140627/status/1721101011148775590?s=20" rel="noopener noreferrer nofollow" target="_blank">XRP</a> value that has beaten ETH in the 24-hour analysis. Also, the potential win for the parent company, Ripple Labs, could signify a potential string bull run for the asset’s market value.&nbsp;
Among the experts’ forecasts, including crypto analyst CredBULL, a post on their X page showed their prediction of the asset reaching $0.90 by the end of summer 2024. This has also coincided with other experts in the digital market, including Sharonn Throp, who assumed the asset’s price could reach $500 in the coming future.&nbsp;
If this was possible in the next few months, its market cap could increase to over $250 trillion. This could be a substantial increase compared to its $3 trillion value in 2021.
Over the past 24 hours, XRP has gained a 5.07 % increase in its price value, according to CoinMarketCap. Its weekly gain is also at 16.54% in profits and has beaten Ethereum in gains. This is attributed to its current value of $0.6453 at the time of writing. XRP’s market cap has also increased to $34.5 billion, with an increase in its daily trading volume of 49.67%.&nbsp;
On the other hand, Ethereum has seen a price gain of only 2.65% in the last 24 hours. Its weekly gain has accounted for 4.97%, with a decrease in its daily trading volume by -0.08%. This accounts for its current price of $1,883 at the time of writing. As such, this shows a dominance of Ripple’s XRP over Ethereum (ETH) with a difference of 2.42% with odds in favor of Ripple.&nbsp;

Ripple Lab’s XRP dominates the crypto market, beating ETH in gains across most US states

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