Bitstamp Says Ripples XRP is Going to Make History In 2025 Heres Why
Bitstamp, the worlds longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP.
In a tweet shared on Friday, the exchange boldly stated, XRP gonna make history next year, sparking excitement and speculation among the XRP Army and the wider crypto community.
Meanwhile, while the exchange did not elaborate on what making history entails, the announcement is crucial for XRP, as major developments are expected in 2025. Notably, earlier reports have highlighted Bitstamps efforts to strengthen its ties with XRP. The exchange is reportedly developing a derivatives platform on the XRP Ledger (XRPL), which could offer users new and innovative trading opportunities.
Additionally, speculation around Bitstamps potential acquisition by Robinhood in 2025 has sparked discussions about increased retail investor exposure to XRP. Announced in June, the deal would merge Bitstamps global exchange with Robinhood, broadening its international footprint while leveraging Bitstamps trusted reputation.
Adding to the optimism, the anticipated pro-crypto stance of the incoming Trump administration is seen as a potential catalyst for innovation and support for companies like Ripple. This week, Ripple reportedly donated a historic $5 million XRP to President-elect Trumps inaugural fund, the largest in U.S. history, further solidifying its presence in the regulatory landscape.
The excitement surrounding XRP is also driven by Ripples ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The XRP community remains hopeful that a favorable resolution could bring much-needed regulatory clarity, opening the door to broader institutional adoption. Industry chatter also points to the potential launch of XRP-based exchange-traded funds (ETFs) and the growing adoption of the XRPL.
Furthermore, the recent approval of RLUSD by the New York Department of Financial Services highlights the XRPLs role in enterprise-level payments, tokenization of real-world assets, and decentralized finance (DeFi). Ripple CEO Brad Garlinghouse recently described RLUSD as the gold standard for the enterprise sector, underscoring its alignment with XRPs ecosystem.
Furthermore, every transaction on the XRPL burns a small amount of XRP, potentially increasing its scarcity and value over time. However, while RLUSDs launch initially caused some price volatility, analysts anticipate it will drive increased activity and adoption on the XRP Ledger.
Since RLUSD went live, transactions are surging, scalability is proving itself, and liquidity is flowing. These are the first steps toward consolidating all the worlds money. Once every country has its own stablecoin, the new global banking system will be locked in, noted Versan Aljarrah, founder of Black Swan Capitalist.
Beyond fundamentals, analysts like Javon Marks are optimistic that XRP will outperform expectations. On Friday, the pundit highlighted that XRP recently demonstrated strength not seen since its 2017 rally, with potential for even more growth.
Given XRPs previous performance, which saw a 600X increase, its next bull cycle could see prices soar by over 6,800%, potentially reaching $168, Marks tweeted.
Read more: https://zycrypto.com/bitstamp-says-ripples-xrp-is-going-to-make-history-in-2025-heres-why/
Text source: ZyCrypto
