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The crypto world is no stranger to bold claims and speculative theories, but recent claims by Ed Farina, CEO of Alpha Lions Academy, have raised eyebrows by suggesting that the price of Bitcoin (BTC) and XRP share a common origin.
Farina claims that Bitcoin was created by the National Security Agency (NSA) as a “beta test coin” and that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is not an individual but an organization linked to government intelligence.
This story sets the stage for an intriguing question: Could XRP, with its growing capabilities and support, eventually surpass Bitcoin and Ethereum in market dominance?
The Alleged State Origin of Bitcoin and the Birth of XRP
Fara’s theory places Bitcoin’s origins under the control of the NSA and CIA, stating that Bitcoin was created to serve as an early experiment in digital currency.
The theory suggests that Bitcoin’s technical limitations — such as high fees and slow transaction speeds — were part of a deliberate design, making it unsuitable for large-scale financial adoption.
Rather, Farina argues that XRP was developed as an alternative to Bitcoin, built to address these shortcomings and offer a more efficient solution for global payments.
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While this theory is still speculative, it is an intriguing claim. Farina credits the co-creators of XRP — David Schwartz, Jed McCaleb and Arthur Brit — for building a more scalable, efficient blockchain solution.
XRP’s low transaction fees, fast settlement times, and ability to process large volumes of financial transactions position it as a strong contender to become the backbone of global finance, potentially overtaking Bitcoin and Ethereum.
Despite the recent price drop—XRP is down 2.05% in the past week and is trading at $2.17 at the time of writing. Data from CoinMarketCap reveals a shift towards bullish sentiment, with XRP’s weighted sentiment rising even as its social scope has declined.
While this signals a decline in popularity, the positive sentiment suggests investors still see potential in the property.
One of the key reasons why analysts are looking at XRP’s growth potential is its superior technical characteristics. XRP offers a stark contrast to Bitcoin, which continues to struggle with high transaction fees and slower speeds.
The XRP ledger can process thousands of transactions per second with almost zero fees, making it ideal for large-scale financial applications.
As central banks and financial institutions seek scalable blockchain solutions, XRP’s cheap and fast transactions could position it as a leader in digital asset adoption.
Can XRP price overtake Bitcoin and Ethereum in market dominance?
XRP’s market position currently has a dominance of 3.93%, far behind Bitcoin (BTC) and Ethereum (ETH), which continue to hold significant market share.
However, a recent technical analysis by EGRAG CRYPTO examines how XRP could break through critical resistance levels soon.
According to him, if XRP closes above the 5.57% dominance mark, it could potentially challenge Bitcoin and Ethereum for the top spot.
XRP’s market dominance could increase as more countries move towards adopting blockchain-based payment systems, especially those seeking alternatives to Bitcoin’s slow transaction speeds and high costs.
Despite its promising prospects, XRP faces several obstacles. On-chain data shows a drop in daily active addresses and network growth, signaling a slowdown in adoption.
XRP’s growth prospects depend on overcoming these challenges. If the token can achieve wider network adoption, acquire strategic partnerships and demonstrate its scalability in real-world use cases, it could cement its position as the leading cryptocurrency of the future.
Whether or not XRP outperforms its more established peers will depend on how it deals with the challenges ahead, including market pressures and adoption barriers.
