XRP Proponent States What CoinMarketCap Ranking Will Be In 3 Years
Edo Farina, CEO of Alpha Lions Academy, recently shared a bold prediction on social media platform X (formerly Twitter) regarding the future state of cryptocurrency rankings on CoinMarketCap.
In his post, Farina suggested that within three years, the top cryptocurrencies by market capitalization will look significantly different, placing XRP at the top of the list, followed by XLM, XDC, and others. His complete forecast for the top 11 rankings is as follows: XRP, XLM, XDC, BCH, RLUSD, QNT, HBAR, USDC, SHX, VELO, and SOL.
This prediction has sparked vast debate among cryptocurrency community members, with varying opinions regarding its plausibility.
In 3 years, the top of CoinMarketCap shall look like this:
1. XRP 👑
2. XLM
3. XDC
4. BCH
5. RLUSD
6. QNT
7. HBAR
8. USDC
9. SHX
10. VELO
11. SOL— EDO FARINA 🅧 XRP (@edward_farina) January 23, 2025
The Discussion
Farina’s list notably omits Bitcoin (BTC) and Ethereum (ETH), currently the largest cryptocurrencies by market capitalization. This omission has drawn skepticism, as BTC has long been viewed as the cornerstone of the cryptocurrency market, while Ethereum’s versatility as a smart contract platform has solidified its position near the top of the rankings.
One commenter, CRYPTOEUR, expressed doubts about the accuracy of Farina’s forecast, stating, “Can’t be serious when there is not BTC in this top. Maybe some will flip BTC, but not so much.” This sentiment reflects the broader belief that Bitcoin’s dominance in the market is unlikely to be entirely displaced, even if other assets experience substantial growth.
RLUSD and the Market Cap Debate
Ripple’s stablecoin RLUSD inclusion in the fifth position also generated substantial debate. A user named dogekid argued against its placement, pointing out that as a stablecoin pegged to fiat currency, its price does not fluctuate like other cryptocurrencies. They stated , “Take RLUSD off, it is a stablecoin. If it goes up, it will always stabilize back down to whatever fiat it is pegged to.”
However, another commenter, Why-T tv, countered this argument, asserting that Farina’s list is not based on price but on market capitalization.
They explained , “RLUSD should stay right there. He isn’t telling you the price is going up. He’s telling the market cap is going up. Market cap is irrelevant in crypto. Doesn’t accurately depict the market value.”
This highlights an ongoing debate within the crypto community about the relevance of market capitalization as an indicator of a cryptocurrency’s value or significance.
Implications of Farina’s Prediction
Farina’s forecast aligns with the perspective of many proponents of utility-driven cryptocurrencies. Digital assets such as XRP, XLM, and XDC, known for cross-border payments and enterprise solutions, dominate the list. This suggests a potential shift toward utility and real-world application over speculative value in determining market rankings.
Nevertheless, the exclusion of Bitcoin and Ethereum raises questions about the broader assumptions behind the prediction. While the growing focus on utility is widely acknowledged, BTC and ETH remain deeply entrenched in the crypto ecosystem, with widespread adoption, institutional interest, and significant developer activity.
As the cryptocurrency market evolves, debates over market dominance, utility, and valuation methods will likely intensify. Whether Farina’s vision materializes remains to be seen, but it is clear that shifts in rankings and perceptions of value are ongoing in this dynamic industry.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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