XRP's success in recent months is capturing the attention of investors and experts worldwide. Wall Street veteran Linda P. Jones has shared her views on XRP's future in 2025.
XRP’s Phenomenal Performance
XRP spent the last two months of 2024 confirming the bullish expectations of analysts and investors, rising from $0.55 to a peak of $3.39, marking a surge of over 500%. XRP holders hope it will surpass its all-time high of $3.84 and potentially reach double digits in 2025.
Anticipation of XRP ETF Demand
Linda Jones argues that the growing interest in XRP is evident through the numerous ETF filings with the SEC. These companies anticipate demand and potential profitability, and investors limited to Bitcoin and Ethereum ETFs may shift their focus to XRP.
Tax Advantages and Institutional Legitimacy
Jones suggests that XRP could receive tax advantages if taxes on U.S.-based cryptocurrencies are removed. Additionally, its inclusion in the U.S. Digital Asset Stockpile might boost institutional and retail investor confidence.
If the SEC approves XRP ETFs and tax advantages are provided, this could mark a turning point for the cryptocurrency, increasing its popularity among institutions.
