The crypto world is no stranger to bold claims and speculative theories, but recent assertions from Edo Farina, CEO of Alpha Lions Academy, have raised eyebrows by suggesting that Bitcoin (BTC) and XRP price 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 narrative sets the stage for an intriguing question: Could XRP, with its growing capabilities and support, eventually surpass Bitcoin and Ethereum in market dominance?
Bitcoin’s Alleged Government Origins and the Birth of XRP
Farina’s theory places the origins of Bitcoin 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.
Instead, Farina posits that XRP was developed as an alternative to Bitcoin, built to address these shortcomings and offer a more efficient solution for global payments.
While this theory remains speculative, it’s an intriguing proposition. Farina credits XRP’s co-creators—David Schwartz, Jed McCaleb, and Arthur Brito—with 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 recent price declines—XRP was down by 2.05% in the past week, trading at $2.17 at the time of writing. CoinMarketCap’s data reveals a shift towards bullish sentiment, with XRP’s weighted sentiment rising even as its social volume declined.
While this signals a drop in popularity, the positive sentiment suggests that investors still see potential in the asset.
One of the key reasons analysts are eyeing XRP’s growth potential is its superior technical features. XRP offers a stark contrast to Bitcoin, which continues to struggle with high transaction fees and slower speeds.
The XRP ledger can handle thousands of transactions per second with near-zero fees, making it ideal for large-scale financial applications.
As central banks and financial institutions look for scalable blockchain solutions, XRP’s low-cost, high-speed transactions could position it as a leader in the adoption of digital assets.
Can XRP Price Surpass Bitcoin and Ethereum in Market Dominance?
XRP’s market position currently stands at a 3.93% dominance, far behind Bitcoin (BTC) and Ethereum (ETH), which continue to hold a significant share of the market.
However, recent technical analysis by EGRAG CRYPTO examines how XRP could soon break through critical resistance levels.
According to him, should XRP close above the 5.57% dominance mark, it could potentially challenge Bitcoin and Ethereum for the top spot.
XRP’s dominance in the market could increase as more countries move towards adopting blockchain-based payment systems, especially those in search of alternatives to Bitcoin’s slow transaction speeds and high costs.
Despite the promising outlook, XRP faces several obstacles. On-chain data shows a decline 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 broader network adoption, gain strategic partnerships, and demonstrate its scalability in real-world use cases, it could solidify its position as the leading cryptocurrency of the future.
Whether or not XRP can surpass its more established counterparts will depend on how it navigates the challenges ahead, including market pressures and adoption hurdles.