Ripple’s XRP has recently captured headlines, and there’s plenty of reason for that excitement. In 2024 alone, this cryptocurrency has surged impressively, boasting a gain exceeding 258% since the year’s start. From a low of $0.22 in early 2021, XRP has now climbed to about $2.30 by mid-December, taking a monumental leap to become the third-largest cryptocurrency by market capitalization, surpassing Tether (USDT). This remarkable ascent highlights its significant growth potential.
Linda Jones, a respected wealth mentor, recently published a newsletter that has stirred considerable buzz within the global crypto community. She argues that we are staring at the dawn of a new technological cycle, where digital assets are set to disrupt the asset tokenization landscape and finance in the same transformative manner that the internet did for communication.
In her newsletter, she states, “Digital assets should outperform tech stocks like the Magnificent 7 (including Apple, Alphabet, Google, Tesla, Meta, Amazon, and Nvidia) by possibly as much as 10x.” This bold assertion is rooted in seven compelling reasons she outlines, emphasizing the early-stage nature of this asset class.
Investors open to embracing this nascent market stand to gain from substantial growth opportunities. Historically, digital assets have proven their worth, with Bitcoin soaring nearly 30,000% over the past decade, while XRP has closely followed with an impressive 35,000% uptick during the same timeframe.
One of Jones’s strongest arguments centers around the untapped market potential. With only 5% of the global population currently engaging in cryptocurrency investments, there exists a vast audience waiting to be incorporated into this evolving financial landscape.
At present, XRP is trading at $2.22, and retail investors are in a prime position compared to institutional players, who face challenges from regulatory constraints. Nonetheless, Jones foresees significant influxes of institutional capital as regulations for crypto and stablecoins are anticipated early in 2025.
Adding fuel to this optimism is a recent proposal by U.S. President-elect Donald Trump to exempt capital gains on digital assets from taxation. This policy could dramatically enhance the capabilities of American projects like XRP and Cardano (ADA), directing more investments their way.
Political winds are blowing favorably for digital assets, too. Jones points to the appointment of David Sacks as Crypto and AI czar. His pro-crypto background as PayPal’s COO marks a decisive shift towards promoting cryptocurrencies. Furthermore, Congress is leaning increasingly pro-crypto, setting the stage for a regulatory environment that encourages growth and clarity.
As XRP and fellow digital assets accelerate amid these shifts, Jones anticipates that 2025 will be pivotal. Many industry leaders share her conviction that XRP is on the verge of making history.
From where it stands today, the potential for growth seems enormous. With a combination of political support, market demand, and an underwhelming entry point for the average consumer, XRP just may be in the position to lead the charge, eclipsing established giants like Apple and Nvidia. The next few years could very well redefine the crypto landscape.
