XRP News Today: Bitcoin Maximalists Challenge Ethereum and XRP's Place in Tokenization Era

Bitcoin maximalists have intensified their criticism of Ethereum (ETH) and XRP, labeling them as weak contenders in the tokenization era. Recent developments in the crypto market have highlighted growing skepticism over the ability of these tokens to maintain relevance amidst shifting narratives favoring Bitcoin's dominance. XRP, in particular, has faced scrutiny as it slid below $3 per token for the first time in nearly two weeks, reflecting broader market uncertainty and profit-taking following a sharp rally in July and early August. Nearly 94% of XRP holders are currently in profit, a historically significant indicator of potential corrections as traders capitalize on gains.

Technical and on-chain indicators have painted a bearish picture for XRP. The token broke below a symmetrical triangle pattern on the daily candle chart, with analysts noting that failure to close above the $3 support line risks a further decline to around $2.25. Additionally, the relative strength index (RSI) for XRP has dipped to 45 from 61 over the past week, signaling waning buying momentum. Spot taker cumulative volume delta (CVD) remains negative, pointing to heightened selling pressure and waning demand. If this trend persists, it could trigger another round of price correction, reminiscent of previous historical sell-offs.

Ethereum has not been spared from maximalist critiques either. While the platform continues to lead in smart contract usage and decentralized finance (DeFi) innovations, Bitcoin proponents argue that Ethereum’s energy-intensive upgrades and scaling challenges make it a less sustainable foundation for the tokenization of real-world assets. The ongoing competition between blockchain platforms to tokenize traditional financial instruments has intensified, with Bitcoin maximalists asserting that the simplicity and security of Bitcoin’s network make it a more logical base for asset representation.

The broader crypto market has mirrored XRP’s decline, with major tokens such as Bitcoin and Ethereum also experiencing downward trends. This synchronized movement has been attributed to macroeconomic uncertainties, including potential Federal Reserve rate cuts and geopolitical tensions. The correction has also been exacerbated by the quiet weekend trading session in the U.S., leaving crypto prices vulnerable to volatility when Asian and European markets opened. Analysts highlight that the tokenization narrative may struggle to gain traction in a bearish environment, as investors prioritize liquidity and risk management.

Despite the current bearish outlook, some analysts remain optimistic about XRP’s long-term potential. Standard Chartered Bank projects XRP could reach $5.50 by the end of 2025, citing regulatory clarity, potential ETF approvals, and Ripple’s cross-border payment initiatives as key drivers. Technical models suggest that if XRP manages to hold key support levels, it may attempt another rally toward $5, provided broader crypto sentiment improves and institutional interest grows. However, conservative models caution that the absence of major catalysts and continued profit-taking may keep prices range-bound in the near term.

In conclusion, the recent struggles of XRP and Ethereum have intensified Bitcoin maximalists’ arguments for the dominance of Bitcoin in the tokenization era. While the broader crypto market remains volatile, the path to recovery for altcoins will depend on regulatory clarity, macroeconomic stability, and the emergence of strong adoption drivers. Investors remain cautious, with many opting to wait for clearer market signals before committing new capital.

Source:

[1] XRP price analysis: Bulls are in trouble and must quickly reclaim $3 (https://cointelegraph.com/news/xrp-price-analysis-bulls-are-in-trouble-and-must-quickly-reclaim-3)

[2] Golden Cross Signal Fades as XRP Slumps Below $3 (https://www.coindesk.com/markets/2025/08/18/golden-cross-signal-fades-as-xrp-slumps-below-usd3)

[3] Why XRP Is Going Down? XRP Price Drops 5% as Bitcoin and Ethereum Retreat Amid Heavy Crypto Profit-Taking (https://www.financemagnates.com/trending/why-xrp-is-going-down-xrp-price-drops-5-as-bitcoin-and-ethereum-retreat-amid-heavy-crypto-profit-taking/)