Why is XRP Lagging Behind While Bitcoin and Ethereum Are Rising? Analysts List the Key Reasons!
Photo: Bitcoin Sistemi
XRP, one of the most established altcoins in the market, is lagging behind Bitcoin and Ethereum in price performance for several reasons, according to recent analyses. According to market analyst Omkar Godbole, XRP has lagged behind major digital assets like Bitcoin and Ethereum due to its increasing circulating supply and relatively weak investment demand. The analyst notes that XRP is currently trading at $1.33, approximately 62.5% below its January 2018 peak of $3.55, and that its circulating supply has increased by 63%.
Source: Bitcoin Sistemi
