Here’s When XRP Could Become the Go‑To Store of Value
The post Here’s When XRP Could Become the Go‑To Store of Value appeared on BitcoinEthereumNews.com. A popular financial markets commentator suggests that many people are underestimating XRP’s potential to become a store of value after this cycle tops. Zach Rector expressed this view in a recent post on X. According to him, crypto enthusiasts could turn to XRP as a store of value after the current market cycle reaches its top. This suggests that after the current market cycle peaks, with several assets reaching new highs, investors may shift their capital to XRP to preserve these gains. – Advertisement – For context, Bitcoin is currently the only cryptocurrency widely regarded as a store of value. The premier cryptocurrency shares key traits with traditional stores of value, such as scarcity, durability, portability, and its recognized value as a hedge against inflation. Interestingly, Rector believes that XRP could also emerge as a store of value after the market cycle tops out. This elevates XRP to the role of “digital gold”—a mantle many have given to Bitcoin. Despite XRP’s prospects as a store of value, Rector suggests that people are still underestimating the likelihood of that happening anytime soon. Why XRP Could Become the Go-To Store of Value Although Rector did not shed light on how XRP could become a go-to store of value, several factors could enable it to assume that role. Unlike most tokens, XRP now has regulatory clarity as a non-security. Judge Analisa Torres issued this declaration in the lawsuit between the SEC and Ripple. People seeking to adopt a token as a store of value will likely favor those without regulatory uncertainty, like XRP. XRP is also designed to be scarce over time. XRP has a fixed supply of 100 billion tokens, with Ripple currently holding over 40% in escrow. In addition, institutional adoption of XRP has gained momentum in recent months. Several asset…
The post Here’s When XRP Could Become the Go‑To Store of Value appeared on BitcoinEthereumNews.com.
A popular financial markets commentator suggests that many people are underestimating XRP’s potential to become a store of value after this cycle tops. Zach Rector expressed this view in a recent post on X. According to him, crypto enthusiasts could turn to XRP as a store of value after the current market cycle reaches its top. This suggests that after the current market cycle peaks, with several assets reaching new highs, investors may shift their capital to XRP to preserve these gains. – Advertisement – For context, Bitcoin is currently the only cryptocurrency widely regarded as a store of value. The premier cryptocurrency shares key traits with traditional stores of value, such as scarcity, durability, portability, and its recognized value as a hedge against inflation. Interestingly, Rector believes that XRP could also emerge as a store of value after the market cycle tops out. This elevates XRP to the role of “digital gold”—a mantle many have given to Bitcoin. Despite XRP’s prospects as a store of value, Rector suggests that people are still underestimating the likelihood of that happening anytime soon. Why XRP Could Become the Go-To Store of Value Although Rector did not shed light on how XRP could become a go-to store of value, several factors could enable it to assume that role. Unlike most tokens, XRP now has regulatory clarity as a non-security. Judge Analisa Torres issued this declaration in the lawsuit between the SEC and Ripple. People seeking to adopt a token as a store of value will likely favor those without regulatory uncertainty, like XRP. XRP is also designed to be scarce over time. XRP has a fixed supply of 100 billion tokens, with Ripple currently holding over 40% in escrow. In addition, institutional adoption of XRP has gained momentum in recent months. Several asset…
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