XRP price has crashed by 36% from its highest point this year, despite several positive developments, including ETF applications, the Hidden Road acquisition, and the conclusion of the SEC vs. Ripple case.
Ripple (XRP) price may have a strong bullish breakout in the coming weeks crypto.news predicted here. This forecast pointed to the formation of a bullish pennant pattern on the daily chart, the rising inflows in the XXRP ETF, and the management’s focus on dethroning Swift in the money transfer industry.
XRP rivals to buy for big gains
This article highlights some of the top XRP rivals to buy ahead of the next crypto bull run. Some of these tokens in the payment industry are Stellar (XLM), Zebec Network (ZBCN), and Alchemy Pay (ACH).
Stellar
Stellar is a leading XRP rival to watch based on both fundamentals and technicals. Often referred to as XRP’s “little cousin,” Stellar was founded by a former Ripple co-founder and has become a major player in the payment industry.
Stellar’s strong fundamentals may help support price appreciation. According to Nansen, weekly transactions on the network rose by 15% to 19.6 million, surpassing activity on popular chains such as Arbitrum, Ethereum, and Avalanche.
Data from rwa.xyz also shows that Stellar is the third-largest chain in the real-world asset tokenization space, with $500 million in tokenized assets, trailing only Ethereum and ZKSync Era.
XLM also looks technically strong, having formed a large bullish flag pattern on the daily chart. This points to a potential rebound toward last year’s high of $0.6322, a 135% increase from current levels.
Alchemy Pay
Alchemy Pay is another promising XRP competitor. The fintech project seeks to become a leading player in the payment space, aiming to bridge the gap between the crypto and fiat ecosystems. It offers on- and off-ramp solutions that enable users to buy and sell crypto using mainstream payment methods.
Alchemy has also launched Alchemy Chain, a platform that unifies global liquidity by aggregating stablecoins. This helps lower the cost of cross-border transactions. The company is also developing an RWA solution that allows users to access investments through fiat payments.
ACH price has traded sideways over the past few months, suggesting it may be in the accumulation phase of the Wyckoff Theory. If the pattern plays out, ACH could rally to its year-to-date high of $0.058, representing a 170% gain from current levels.
Zebec Network
Zebec Network is another fast-growing XRP rival in the payment space. It operates a crypto-based payroll platform that has processed over $1 billion in funds for more than 250 companies.
Zebec also offers Mastercard-branded cards, enabling users to spend crypto globally. It acquired Science Card last week, a fintech firm with over 50,000 users, potentially expanding its footprint in the sector.
ZBCN has surged more than 700% from its lowest point this year, making it one of the top-performing tokens in the space. However, the risk is that the coin could be entering the distribution or markdown phase of the Wyckoff Theory, which may lead to a pullback. Such a correction could provide a new entry point for bullish investors.
