RE: XRP zündet nun Kursrakete?/Is XRP now rocketing upwards?
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I'm generally not a huge fan of Ripple or XRP, but even I do think that it's positioned pretty well and will probably run a lot higher. I've been trying to increase my XRP holdings, even though it feels like I'm really late to the party. But I suppose there will be XRP treasury companies; this kind of strategy will be reserved for the biggest/largest liquidity assets like BTC, ETH, SOL and XRP
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Yes, banks are already accumulating significant amounts of XRP, even though they hardly use it.
In 2017, I had the same concerns and all the prophets advised me against XRP.
However, if I had listened to my gut feeling and invested €3,000 in XRP, I would have been a millionaire by the end of 2017.
In crypto, people way too often emphasize modern tech or whatever other cool perks, where in the end what matters is market penetration. Ripple have always been kind of a standout with that, and without the SEC battle, they would've probably been much faster in terms of adoption. Whether that justifies a 300bn valuation, is of course a different debate, but then again, in crypto everything is relative...