XRP Price Stagnant Despite Ripple's $1.25B Acquisition

Generado por agente de IACoin World
viernes, 11 de abril de 2025, 2:05 am ET1 min de lectura

Edward Farina, CEO of Alpha Lions Academy, recently expressed his frustration with the current state of the cryptocurrency markets, particularly concerning XRP. In a post shared on X, Farina highlighted the lack of price movement following major developments related to Ripple, specifically the company's $1.25 billion acquisition of Hidden RoadROAD--, a global prime brokerage firm. Farina argued that under fair market conditions, the price of XRP should have "skyrocketed" following this significant news.

Farina attributed the muted market reaction to several external factors, including the ongoing lawsuit involving Ripple, the broader regulatory stance of the United States Securities and Exchange Commission on the crypto industry, President Trump’s trade tariffs, and the recent Bitcoin crash. He suggested that these factors are suppressing the price of XRP, preventing it from reaching its full potential. Farina insisted that without these external influences, XRP would already be trading well above $100.

Ripple's acquisition of Hidden Road is a strategic move that positions the company as the first crypto firm to own and operate a multi-asset global prime broker. Hidden Road's infrastructure offers services in foreign exchange, digital assets, and other derivatives markets, which is expected to enhance Ripple’s offerings in these areas. This acquisition aligns with Ripple’s broader goal of bridging traditional and blockchain-based financial systems and underscores its commitment to expanding its presence in key financial jurisdictions, including North America, Europe, and Asia.

Farina's comments resonated with other members of the XRP community who were also surprised by the market's muted reaction to the acquisition. One user, AtomATOM-- XRPL, expressed a similar sentiment, noting that the acquisition was massive and should have had a more significant impact on the price of XRP. This perspective highlights a broader concern among XRP supporters that the asset’s price performance does not always correlate with Ripple’s business achievements or long-term prospects.

Despite the frustration expressed by Farina and others in the XRP community, there remains a persistent belief that XRP’s value will eventually reflect its underlying fundamentals and Ripple’s expanding role in the financial sector. Farina encouraged holders to remain patient and committed, asserting that “our time is coming.” This sentiment reflects the community's optimism that the current challenges will eventually be overcome, allowing XRP to reach its full potential.

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