Media Personality Says XRP Not Dead, Its Loading; Shares Why XRP Could Still Be the Biggest Sleeping Giant
Crypto media personality John Squire has boldly asserted that XRP is not dead despite recent lackluster price movements.Instead, in his view, XRP "is loading, potentially preparing for a historic rally. In a detailed thread, Squire outlined why he believes XRP may be the most undervalued and misunderstood asset in the market. According to him, 99% of investors are not ready for whats coming.First, he emphasized that, unlike newer, hype-driven tokens, XRP has spent the past ten years building a global payments infrastructure.Squire claimed that Ripple Payments, which uses XRP, is active in over 55 countries and works with more than 350 financial institutions. Notable names include Japans SBI and Tranglo.He stresses that this isnt about potential. In his view, the foundation is already in place and the rails are live."Institutional Floodgates Opening Soon"Squire also emphasized that XRP is the only top 10 crypto asset to have faced and survived a multi-year legal battle with the U.S. SEC. The lawsuit began in December 2020 and led to a partial legal victory in July 2023. Meanwhile, a final settlement announcement is due soon.Squire believes that a full resolution could trigger "floodgates" of institutional adoption for XRP, potentially sending its price soaring. According to him, institutional interest is already warming up.Institutional Money Is Warming UpSpecifically, Squire claimed that XRPs alignment with traditional finance is growing stronger. He cited the Chicago Mercantile Exchanges upcoming launch of XRP futures in May 2025. Notably, a similar product from Coinbase went live last month. CMEs entry into the space confirms institutional-grade interest in XRP.Squire reinforced this point by referencing rumors of a potential XRP trust from BlackRockarguably the most widely anticipated XRP ETF. He suggests that this isnt retail-driven hype but early signs of Wall Street quietly positioning itself.Tapping Into a $150 Trillion MarketWhile many crypto projects chase hype cycles, XRP targets the global cross-border payments market, worth over $150 trillion annually. Ripple projects that this market could grow to $300 trillion by the end of the decade.The companys payment rails are active in countries like Japan, Singapore, and the UAE. Squire emphasized that this level of adoption indicates a real-world use case already in motion.He also speculated that major institutions like Bank of America, American Express, and Standard Chartered are not just watching from the sidelines but are already part of Ripples network."Price Action Is Boring on Purpose"Despite widespread criticism, XRP continues to hold above $2. According to Squire, XRPs underwhelming price performance may be intentional. He cited on-chain metrics showing rising volume and a cooling RSI. Squire argues that smart money moves quietly and buys when attention is elsewhere.Hate as Fuel for the Next RallyAccordingly, Squire suggested that hate could fuel the next rally. He stated that the widespread dismissal of XRP may be one of its strongest indicators.The market pundit concluded that XRP is battle-tested, institutionally aligned, legally resilient, and globally deployed. According to him, XRP is showing all the hallmarks of a sleeping giant.https://twitter.com/TheCryptoSquire/status/1917995009992691729Essentially, in his view, while the market chases short-term narratives, XRP may be quietly loading in the background, waiting for its moment. And when it wakes up, as Squire puts it, the whole game changes.
Text source: The Crypto Basic
