Wall Street veteran and author Linda P. Jones recently weighed in on XRP’s potential trajectory for 2025, stating that this is the year Bitcoin maximalists will regret not investing in the altcoin.
Her comments came in response to an investor who revealed he had converted his Bitcoin holdings to XRP last year before its rise to a multi-year high.
XRP spent the last two months of 2024 confirming the bullish expectations analysts and loyal investors have held for a long time. The asset rose from around $0.55 in early November to a multi-year peak of $3.39, marking a surge of over 500%.
This remarkable performance has reinvigorated the faith of XRP holders, and they believe 2025 will be the year it surpasses its all-time high of $3.84 and potentially reaches double digits.
Jones argues that the increasing interest in XRP is evident through the recent XRP exchange-traded funds (ETFs) filings with the U.S. Securities and Exchange Commission (SEC). According to her, financial companies file for ETFs only when they anticipate demand and potential profitability.
She dismissed the notion that XRP lacks demand, pointing out that investors have been limited to Bitcoin and Ethereum ETFs. As new ETF options emerge, many may choose to diversify their holdings, including shifting from BTC and ETH to XRP.
Jones also suggested that XRP could receive preferential tax treatment in the U.S. if President Donald Trump chooses to remove taxes on U.S.-based cryptocurrencies. As the largest cryptocurrency in this category, XRP could pull in many investors, potentially causing them to divest from other ETF products.
According to Jones, another factor contributing to XRP’s legitimacy is its inclusion in the U.S. government’s Digital Asset Stockpile. Trump’s acknowledgment of XRP in this context may increase institutional and retail investor confidence in the asset.
Jones emphasized that many investors prefer to invest in digital assets through ETFs rather than direct purchases. She noted that ETFs provide an easier entry point for those with retirement accounts, such as IRAs, who may have larger capital reserves. This accessibility could drive further adoption of XRP, reinforcing her belief that demand will grow significantly.
Jones’s perspective aligns with the broader trend of increasing institutional interest in XRP. If the SEC approves XRP ETFs and potential tax advantages come into play, this could mark a significant turning point for the digital asset, and help it dominate the market.
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.
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