XRP Is The Top Altcoin Bet: 10x Research

XRP (CRYPTO: XRP) has emerged as the top conviction altcoin trade according to a new report from 10x Research, citing improving market structure, technical breakouts and upcoming catalysts including the launch of XRP futures on CME Group.

What Happened: According to 10x Research, while Bitcoin remains capped at the $94,000–$95,000 resistance zone, attention is beginning to shift towards select altcoins.

The report states that a 50 basis-point drop in Bitcoin (CRYPTO: BTC) dominance would shift the tactical altcoin outperformance indicator, signaling a broader rotation into altcoins.

Among these, XRP is highlighted …

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