XRP will take the lead in the crypto market in 2025, according to Black Swan Capitalist founder and XRP perma bull Versan Aljarrah.
In a space rife with Libertarians and privacy advocates who have significant skepticism about power like crypto, certain theories unsurprisingly tend to thrive. One such theory is again being put in focus amid one XRP permabull’s call that the asset will usurp Bitcoin as the leader of the crypto market in 2025.
XRP a Tether Collapse Away from the Top?
XRP will take the lead in the crypto market in 2025, according to Black Swan Capitalist founder and XRP perma bull Versan Aljarrah.
The YouTuber’s view is largely premised on a long-running theory in some sections of the crypto community that the leading stablecoin, Tether USDT, is being used to inflate Bitcoin’s value artificially.
This theory is rooted in a 2018 study by finance professors John Griffin and Amin Shams that found that a yet unidentified whale singlehandedly drove Bitcoin’s late 2017 rally using Tether issuance.
However, there is no proof of such manipulation in the asset’s current market. To buttress this, the Securities and Exchange Commission would likely not have approved Bitcoin exchange-traded funds if such existed.
Still, Aljarrah predicts Bitcoin will become less relevant the less powerful Tether becomes. He believes this outcome is imminent.
“USDT will be delisted globally for shady practices, while XRP’s regulatory clarity sets the stage for the new financial framework. As liquidity shifts to RLUSD, the only globally regulated institutional stablecoin, XRP will take the lead,” Aljarrah asserted, an outcome that sounds eerily similar to what he is accusing USDT of doing for Bitcoin.
The XRP permabull’s argument comes amid the growing focus on stablecoin regulations worldwide and Tether’s issues with compliance, as highlighted by its current struggles to comply with the European Union’s Market in Crypto-Assets (MiCA) regulation that has led to a barrage of delistings on exchanges in the region, with Crypto.com being the latest to do so.
Seemingly reacting to Crypto.com’s decision, the YouTuber asserted:
“Tether USDT is the Black Swan. Ripple XRP is the solution.”
Tether #USDT is the Black Swan
Ripple #XRP is the solution ✅ https://t.co/JmnbemIQ8a— Black Swan Capitalist (@VersanAljarrah) January 29, 2025
Meanwhile, XRP’s $178 billion market cap remains less than a tenth of Bitcoin’s $2 trillion market cap at the time of writing.
At the same time, it is worth noting that any black swan event impacting Bitcoin will likely negatively impact the broader crypto market, including XRP.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
