Digital currency expert David Rochard states that Ethereum (ETH) and Ripple's XRP will not surpass Bitcoin's dominance in the market.

In the world of cryptocurrencies, there's been a flurry of activity recently. Let's delve into some of the key developments.

Tom Zschach, an executive at Swift, has raised concerns about banks' readiness to shoulder the additional costs associated with using XRP as a bridge currency. This comes as banks consider the potential benefits of using digital assets for cross-border payments.

Meanwhile, Bitcoin advocate Pierre Rochard has maintained his stance that the price of Bitcoin does not depend on the number of transactions. Instead, Rochard believes in the monetary thesis of Bitcoin, valuing it for its decentralization, censorship resistance, fixed supply, and network effects.

In a different context, Rochard has predicted that cryptocurrencies like Ethereum (ETH) and Solana (SOL) will not surpass Bitcoin. This prediction is based on the clash between the utility thesis of altcoins, which values them for their specific use cases, and the monetary thesis behind Bitcoin.

Regulatory certainty for cryptocurrencies is a focus on the SEC's agenda. However, a report by U.Today has revealed that the SEC has reportedly lost nearly a year's worth of messages due to technical failures, which could potentially impact regulatory decisions.

Moving away from Bitcoin and altcoins, a misleading CoinMarketCap screenshot from 2018 frequently gets circulated to show that XRP flipped Bitcoin. However, this screenshot took into account tens of billions of XRP tokens that were not in circulation at the time, making the comparison misleading.

Before the falsely presented CoinMarketCap screenshot in 2018 showed XRP overtaking Bitcoin, XRP was generally ranked lower than Bitcoin in historical market capitalization, often within the top altcoins but not first overall. Specifically, XRP was commonly placed as the third or fourth largest cryptocurrency by market cap behind Bitcoin and Ethereum at that time.

No specific fact was provided about Ethereum (ETH) or Solana (SOL) regarding an extreme reversal pattern or forgetting $300.

As the crypto landscape continues to evolve, it's essential to stay informed about the latest developments and understand the underlying principles driving these digital assets.