Is XRP About to Lead the Next Altcoin Season?

The post Is XRP About to Lead the Next Altcoin Season? appeared first on Coinpedia Fintech News

It’s starting to feel like something big is coming for XRP. After months of sideways moves, quiet price action, and market uncertainty, signs are finally pointing toward a potential breakout,  and some experts believe XRP m ight just be the coin to kickstart the next altcoin season.

Bitcoin’s Move Could Set the Stage

Bitcoin made a solid push this morning, climbing toward a key resistance zone near $114,000. If it manages to break above this level, traders believe it could trigger a wave of momentum across the market. And if history repeats itself, XRP might be one of the first to react.

The last time Bitcoin broke through a similar price range, XRP skyrocketed from $0.55 to $2.70 in less than a month. Right now, with XRP holding firm around $2.00, many in the market are wondering if it’s about to happen again.

A Familiar Setup for XRP

Even as Bitcoin’s dominance over the market has steadily increased since December 2022, XRP has quietly maintained its position. The current price zone mirrors the area where the last major altcoin rally began, making this a particularly interesting moment for XRP watchers.

Technical indicators have hinted that Bitcoin dominance is showing signs of bearish divergence. If it starts to lose strength, it could open the door for altcoins to shine, with XRP leading the pack.

Ripple’s Big Advantage

Adding to the excitement, Ripple CTO David Schwartz recently confirmed that financial institutions are preparing to enter the XRP Ledger ecosystem. Not for the reasons most people might expect, but to tap into its fast transaction speeds, low fees, and reliable infrastructure.

According to Schwartz, one of XRP’s biggest strengths is its simplicity. Unlike blockchains weighed down by complex smart contracts, XRP offers clean, secure transactions that appeal to serious financial players looking for efficiency and reliability.

What Comes Next

At this stage, the market is holding its breath. If Bitcoin clears its resistance and XRP keeps holding firm, the conditions for a fresh altcoin season could fall into place. And if past patterns are any guide, XRP is in a strong position to lead that rally.