XRP Gains Traction as 43.8% See Long-Term Potential, Despite Skepticism
Ripple’s XRP token has been a subject of intense debate within the cryptocurrency community, with some expressing optimism about its future while others remain skeptical. A recent survey highlighted a growing interest in Ripple, with 43.8% of respondents believing that Ripple has the best long-term technology, compared to 35% for Bitcoin. This shift in sentiment has left some Bitcoin investors feeling frustrated and confused by the increasing excitement surrounding XRP.
Ask Aime: Why is there so much debate around Ripple's XRP token?
Eric Yakes, author and Managing Partner at EpochVC, has questioned the real use case of XRP. He pointed out that despite Ripple’s long-standing presence in the market since 2012, there is a lack of clarity on how the token has been utilized. Initially, Ripple’s network aimed to facilitate remittance payments and serve as a banking settlement system. However, its focus has shifted toward creating a Central Bank Digital Currency (CBDC), a direction that Yakes opposes. He argues that if XRP is used as a CBDC, the token itself may not accrue significant value, making it unlikely to succeed in the long term.
Despite concerns over its past marketing tactics, Ripple has managed to generate significant value through a large pre-mine and effective marketing campaigns. The company’s involvement in facilitating payments through RippleNet has seen $7 billion in payments processed annually, even amid an ongoing lawsuit with the SEC. This success has created a narrative that has helped XRP gain traction, leaving some Bitcoin investors questioning why Ripple’s project is thriving in the face of adversity.
Ask Aime: Why is Ripple's XRP gaining traction while Bitcoin faces skepticism?
Looking ahead to March 2025, several developments could potentially drive XRP’s value higher. The new presidential administration has prioritized cryptocurrency in national policy, with discussions around creating a national cryptocurrency repository. XRP is a leading candidate for inclusion in this system, which could enhance its credibility and increase institutional demand. If the government proceeds with purchasing billions in XRP for this project, the buying pressure could lead to a rise in prices, further exacerbated by a lower circulating supply due to asset seizures or legislative acquisitions.
The appointment of Brian Quintenz to head the Commodity Futures Trading Commission (CFTC) marks a pivotal moment for XRP. Quintenz, known for his extensive knowledge of bitcoin policy and his support for innovation over strict regulations, could foster a more favorable regulatory environment for digital assets. This shift could lead to greater institutional acceptance and more advantageous trading conditions for XRP, especially given the CFTC's significant influence on digital asset regulations.
Additionally, regulators are looking to loosen their guidelines for digital assets, moving away from past enforcement-driven approaches. This regulatory relaxation could pave the way for XRP's inclusion in exchange-traded funds (ETFs), opening a new investment avenue and increasing liquidity. Fewer regulatory hurdles could alleviate uncertainties for both retail and institutional investors, potentially driving up XRP's value.
However, despite these tailwinds, investors should consider whether XRP is a substantial investment in March 2025. While government interest and regulatory relief could boost XRP's value, they do not necessarily translate into greater acceptance or transaction activity. Other cryptocurrencies with advanced technology solutions and innovative use cases pose significant competition. For instance, Rexas Finance (RXS) is a transformative platform that simplifies and democratizes access to real-world asset tokenization. Unlike XRP, which focuses primarily on cross-border transactions, Rexas Finance (RXS) allows users to tokenize a wide range of assets, including real estate, art, goods, and intellectual property. This broader application of blockchain technology positions RXS at the forefront of a growing trend in tokenization.
Rexas Finance (RXS) has already raised over $47.11 million, exceeding 91.12% of its $56 million target, and has attracted notable investor attention. Its presale, currently in Stage 12 at $0.20 per token, is expected to launch at $0.25 on June 19, 2025. The team's decision to conduct a public presale instead of seeking venture capital financing ensures broad involvement in the project's success, contributing to its rapid acceptance. Additionally, RXS has been Certik-audited, enhancing its security and reliability for investors. Following its successful listing on CoinMarketCap and CoinGecko, RXS's momentum is further driven by its upcoming listing on three top-tier exchanges, which will boost market awareness and liquidity, potentially leading to a significant price increase.
In conclusion, while the tailwinds in March 2025 could boost XRP's value, investors should question whether these factors are sufficient to drive a long-term price increase. Strategic exchange listings, a strong presale performance, and innovative technology make RXS a more compelling investment prospect compared to XRP.