“The boom isn’t over yet,” says top investor on Ripple (XRP)

It has been boom times for Bitcoin (BTC). But while the leading crypto has rallied significantly over the past year, reaching constant new highs, its recent gains have been overshadowed by another contender. Ripple (XRP) has taken center stage, soaring nearly 350% since Trump’s election victory.

The timing is important, as Trump’s return to the White House is widely seen as an entirely positive development for the crypto space. The incoming administration includes several crypto advocates among its staff, hinting at favorable regulations for an industry long at odds with the establishment.

Of particular promise – for both the industry and Ripple specifically – are the changes taking place at the SEC. Crypto adversary chairman Gary Gensler, who spearheaded the lawsuit against Ripple for allegedly selling XRP as an unregistered security, is being replaced by crypto attorney Paul Atkins.

Increasing momentum is the buzz surrounding Ripple’s new RLUSD stablecoin. Approved by the New York State Department of Financial Services (NYDFS), RLUSD aims to challenge established players such as Tether’s USDT, further stimulating enthusiasm among investors.

As Ripple is focused on cross-border payments, top investor Anders Bylund, who is in the top 1% of TipRanks’ stock pros, notes that the stablecoin will make the cross-border payment experience “even smoother.” “It should also inspire new business ideas and financial applications, such as currency markets and token-based transfers of real-world assets,” Bylund continued to add.

Meanwhile, the XRP network has been attracting new users at a rapid pace, with active accounts reaching record highs in early December and an increase in transactions per account.

But the real question is whether, after such a big leap, there is more room left to run. Bylund thinks so, believing that there is “serious long-term value in this useful crypto token.”

“I still believe that XRP is poised to deliver strong returns in 2025 and continue to rise over the long term,” he continued to add. “The global market for cross-border payments is measured in the hundreds of trillions of dollars per year, and even a small fraction of these transactions can make financial metropolises out of XRP and Ripple Labs.”

However, be aware that the journey will not be smooth by any means. Crypto is famous for its volatility, a characteristic that is unlikely to change in the near future. Still, for those willing to make the trip, Bylund believes loading up on a few cheap tokens right now “could serve you well over the years.” (To see Bylund’s track record, click here)

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Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.