Lawyer Deaton predicts XRP surpasses ETH by EOY; new leveraged ETF starts strong On-chain data shows surge in retail interest, short-term XRP holders dominate ANALYSIS: High short-term holder ratio, leveraged ETF success may signal risk Recent developments around XRP are fueling talk of resilience and a potential comeback, despite lingering skepticism from some market watchers. Fueling this optimism, prominent crypto lawyer John Deaton, known for representing XRP holders against the SEC, offered a bold prediction : XRP could overtake Ethereum (ETH) in market value by year-end. “Despite all the negative sentiment from people within the crypto industry,” Deaton commented, adding he has “always maintained that XRP has much more appeal than industry players want to admit. ” He highlighted strong community support, evidenced during the Ripple lawsuit, as a sign of the token’s underestimated base. Leveraged XRP ETF Debuts Strongly adding to the positive signals was the launch of Teucrium’s 2X Long Daily XRP ETF (ticker: XXRP) on the NYSE Arca exchange. The fund saw $5 million in trading volume on its first day. Bloomberg’s Senior ETF Analyst Eric … The post Pro-XRP Lawyer Deaton Predicts XRP Will Flip Ethereum by End of Year appeared first on Coin Edition .
