This alone makes it a serious competitor to Bitcoin, as it’s more likely to be adopted by the existing banking/financial systems than Bitcoin .
Despite the differences, many of which are in Ripple’s favour, its chances of becoming the next Bitcoin are pretty low for several reasons.
The one area where Ripple might be considered a more promising crypto investment compared to Bitcoin is its growth potential.
Ripple, however, can grow your investment capital 2.5 times just by reaching its 2021 peak and about five times growth if it reached its all-time high peak in 2017.
If you are not intimately familiar with the intricacies of crypto investing and different cryptocurrencies, you will naturally learn more about Bitcoin, the most well-known cryptocurrency that everyone, from retail investors to institutional ones, is investing in.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor.