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Encryption lawyer Deaton comments on the intensification of tribalism between the Ethereum and XRP communities, predicting that the market will eventually determine a winner.
Notable lawyer supporting Crypto Assets, John Deaton ( John Deaton ) recently expressed views on the increasingly apparent "tribalism" between the Ethereum ( ETH ) and Ripple ( XRP ) holder communities. Deaton refused to take sides, emphasizing that the market, rather than the government, will ultimately determine the winners. This statement comes as ETH and XRP compete for the second and third positions in the market capitalization of Crypto Assets, with rising community tensions and analysts showing differing views on market prospects.
Deaton on Ethereum and XRP community tribalism
On the social media platform X, this crypto lawyer pointed out that tribalism is "alive and well" in the Crypto Assets community. He observed that those who harbor hatred towards Ethereum ( ETH ) strongly oppose the views of other communities, while those who dislike Ripple ( XRP ) or Ripple Inc. ( Ripple ) are doing the same thing.
Dighton stated that the good news is that it's not government insiders who pick the winners and losers; the market will take on this role. This statement is a follow-up to his earlier post. Previously, he believed that Ethereum was one of the winners of the Payment Stablecoin Clairity Act (GENIUS Act).
The Battle of Winners Under the GENIUS Act
In a previous post, Deaton mentioned that many believe that Circle, the company behind USDC, and Ripple, the issuer of RLUSD, will be the obvious winners of the GENIUS Act regulating stablecoins. But he added, "To be fair, Ethereum is undoubtedly one of them as well."
To support the Ethereum network, Digton emphasized a fact: compared to the native network XRP ledger (XRPL) of Ripple, the Ethereum network carries most of the transaction volume of Ripple's RLUSD stablecoin.
XRP community response and market victory theory
This statement has sparked criticism from some members of the XRP community, which may be the reason why Deaton later posted about "market determinism."
It is worth noting that the discussion about tribalism coincides with the fierce competition between two major altcoins—Ethereum and XRP—for the second and third positions in market capitalization after Bitcoin (BTC).
Tribalism sentiment continues to heat up
Crypto Assets community figure Tony Edward ( also commented on this tribalism, stating that it is "heating up." He pointed out that XRP is absorbing a large amount of liquidity, causing many extreme supporters of Bitcoin ) BTC ( and Ethereum ) ETH ( to feel crushed.
Edward's remarks are a response to Bitcoin extremist Robert Breedlove, who once disparaged XRP as an "extremely retarded person." Interestingly, at the time of this controversy, USA Today published an article arguing that XRP is the best Crypto Assets choice for an investment of $500.
) Divergent views on market prospects
Regarding the recommendation from USA Today, John Deaton commented that it could mean the Crypto Assets market is in a bull market. However, not everyone agrees with Deaton's view, and some have raised objections to the recommendation.
Crypto Assets analyst Ali Martinez( views this as a "signal of market peak". Meanwhile, Crypto Assets commentator Laura Shin) jokingly pointed out that USA Today pushed this investment advice to its 5.1 million followers, noting that the platform "needs journalists who understand Crypto Assets".
Conclusion: The opposing sentiments between the Ethereum and XRP holder communities are becoming increasingly prominent, with tribalism becoming a hot topic in the Crypto Assets market. Although opinion leaders like Deaton have called for the market to ultimately decide, community friction and market capitalization ranking disputes are likely to persist in the short term. Investors should pay attention to community dynamics and regulatory developments (such as the GENIUS Act), while also being vigilant about signs of market overheating, and independently assess the investment value of XRP and the overall risks in the Crypto Assets market.