Edward Farina, CEO of Alpha Lions Academy, recently voiced his dissatisfaction with the current state of the cryptocurrency markets, particularly concerning XRP.
In a post shared on X, Farina stated that he was frustrated by the apparent lack of price movement following major developments related to Ripple.
He referenced Ripple’s $1.25 billion acquisition and expressed that, under fair market conditions, the price of XRP should have “skyrocketed.” He noted that various external narratives appear to be holding the price back.
These include the ongoing lawsuit involving Ripple, the United States Securities and Exchange Commission’s broader regulatory stance on the crypto industry, President Trump’s trade tariffs, and the recent Bitcoin crash.
Farina insisted that if not for these factors, XRP would already be trading well above $100 without question. He closed his message by encouraging holders to remain patient and committed, asserting that “our time is coming.”
According to a recent Times Tabloid article, Ripple has completed a record-breaking $1.25 billion acquisition of Hidden Road, a global prime brokerage firm. The deal marks a significant expansion for Ripple, positioning it as the first crypto firm to own and operate a multi-asset global prime broker.
Hidden Road’s existing infrastructure offers services in foreign exchange, digital assets, and other derivatives markets, and the acquisition is expected to enhance Ripple’s offerings in these areas.
The report notes that this strategic move aligns with Ripple’s broader goal of bridging traditional and blockchain-based financial systems. It also underscores Ripple’s commitment to expanding its presence in key financial jurisdictions, with Hidden Road already having regulatory footprints in North America, Europe, and Asia.
With this acquisition, Ripple aims to streamline institutional access to digital assets through a regulated and comprehensive brokerage framework.
Farina’s comments echoed the sentiments of other XRP community members who were also surprised by the market’s muted reaction to the acquisition. One user, Atom XRPL, wrote, “Seriously it’s like XRP’s stuck in the mud sometimes… this acquisition was massive, it should’ve pumped like crazy! but!!! our time will come.”
This perspective highlights a broader concern among XRP supporters that the asset’s price performance does not always correlate with Ripple’s business achievements or long-term prospects.
Despite the frustration expressed by Farina and others in the XRP community, there remains a persistent belief that XRP’s value will eventually reflect its underlying fundamentals and Ripple’s expanding role in the financial sector.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
A recent official publication by global payments giant Mastercard has turned heads in the cryptocurrency…
In a bold and cryptic move that has sparked intense speculation within the cryptocurrency community,…
Crypto analyst CasiTrades has shared an important update regarding XRP’s recent price movement, emphasizing technical…
Helensvale, QLD, Australia – April 29, 2025 – Coinscribble by Coinbound / Through its role…
What if the next big crypto sensation wasn’t just a token, but an unfolding expedition—packed…
The crypto market follows Mutuum Finance (MUTM) which has increased its cryptocurrency sales to reach…
