Key Points

• Despite multiple positive developments for the cryptocurrency industry, prices have tumbled since the summer.

• XRP and Dogecoin have both seen their circulating supply increase over time, which weighs on token prices.

• That said, one cryptocurrency’s superior utility makes it the better buy.

• 10 stocks we like better than XRP ›

If someone told you that the U.S. government would announce plans for a Strategic Bitcoin Reserve and pass the Genius Act for a regulatory framework on stablecoins, you’d probably assume that cryptocurrencies would have a fantastic year.

But that’s not how it played out. While there were some good moments, cryptocurrency prices tumbled since the summer. XRP (CRYPTO: XRP) and Dogecoin