Cryptocurrency enthusiasts and investors are once again focusing on XRP, Ripple’s native token, following a bullish outlook shared by renowned crypto analyst Santiago R Santos. In a recent discussion, Santos emphasized why XRP might have a higher probability of regaining its all-time high compared to Ethereum, positioning Ripple as a potential standout in uncertain market conditions.
The Bullish Case for XRP
XRP, currently trading near $1.80–$1.88, remains well below its all-time high of $3.84, achieved in January 2018. To return to this peak, XRP requires more than a 100% increase in valuation—a challenge the analyst believes Ripple is better equipped to meet.
As per Santos, Ripple’s biggest advantage lies in its resilience and ability to execute despite volatile market conditions. He explained, “Ripple has a higher probability than almost any other crypto network in the top 10 to reach its all-time high, even if the market faces a downturn.”
Ripple’s Strategic Edge Over Ethereum
Santos also provided a critical comparison between Ripple and Ethereum. While he remains bearish on Ethereum returning to its all-time high, he pointed out Ripple’s unique business model as a key factor for its potential success. According to him, decentralized product decision-making often fails, and Ripple’s combined approach of decentralized security with centralized product strategy gives it an undeniable edge.
“Decentralized product strategy in business development does not work. Ripple’s method of decision-making is exactly how you win,” Santos said. He highlighted this contrast by questioning Ethereum’s valuation, arguing that its market cap doesn’t fully reflect real-world utility. “Ripple is still undervalued when compared to financial giants like Visa, which is valued near $600 billion,” he added.
Implications for Investors
One of Ripple’s standout qualities is its capacity to utilize XRP for strategic growth. Santos stressed that Ripple’s ability to deploy capital, acquire businesses, expand distribution, and build tangible products sets it apart in the cryptocurrency space. “Ripple has more flexibility to use its currency for real-world applications, which most other projects lack. This provides more breathing room for Ripple’s long-term growth,” he concluded.
Stay Updated with Reliable Crypto News
For those following the cryptocurrency market, staying informed is key to making sound investment decisions. Platforms like CoinPedia offer accurate and timely updates on cryptocurrency and blockchain developments, ensuring that readers receive data backed by credible sources and analysis.
Recommended Product: Ledger Nano X Wallet
To securely store your XRP and other cryptocurrencies, consider using the Ledger Nano X Wallet. This hardware wallet provides unmatched security features, ensuring your digital assets stay protected. Learn more about it here.