XRP News Today: XRP Holders Plan Next Steps After Reaching 10,000 Milestone

Crypto advocate Edoardo Farina recently posed a question to XRP holders on X, asking what their next steps would be after reaching their goal of 10,000 XRP. This query has sparked a range of responses from the community, reflecting the strategic thinking of investors who have achieved a significant milestone in their XRP holdings.

Farina has previously encouraged all community members to hold 10,000 XRP. At the current price of $2.26, this would cost $22,600. While this may be challenging for some investors, the asset’s growth over the past few years suggests it could be a worthwhile investment. The responses from the XRP community reveal a range of strategies, indicating a maturing mindset among long-term holders. Several users made it clear that 10,000 XRP is not their final goal, with one commenter considering it a stepping stone towards much higher accumulation targets.

Farina has consistently advised against selling XRP, and for most investors, the journey continues until they reach larger thresholds that align with their long-term financial strategies. Some users emphasized diversification as the logical next step, with plans to build positions in other assets such as HBAR and XLM. This reflects a belief in spreading risk and leveraging other blockchain ecosystems. Others discussed dollar-cost averaging (DCA) into different sectors, including physical assets, using profits from their XRP investment. One user mentioned buying businesses, such as car washes, and investing in multi-family real estate, suggesting practical applications of crypto gains outside the digital economy.

Some contributors focused on income generation rather than liquidation. Passive yield was a recurring idea, with one user aiming to earn “10% off it annually without ever having to sell.” This reflects a growing trend among crypto holders to treat assets like XRP as productive capital rather than speculative instruments. However, taking profits was not off the table. One reply advocated for selling a fixed percentage, specifically 20%, while holding the rest. This blend of risk mitigation and long-term commitment presents a more conservative but calculated approach to wealth preservation.

Overall, the community showed confidence in XRP’s ability to continue growing, with many commenters suggesting continued accumulation, planning to hold up to 50,000 XRP. Experts believe a major breakout is coming, giving investors with large holdings hope of seeing life-changing profits. The discussion also touches on the potential impact of an XRP ETF approval on the market. According to the analyst's forecast, if an XRP ETF is approved, XRP could break a major resistance level and potentially move towards $2.65-$3.00 in the short term. This forecast underscores the significant market potential that an ETF approval could unlock for XRP, driving its price to new heights and attracting more institutional investors to the cryptocurrency.

The conversation around diversification and the potential ETF approval highlights the evolving landscape of the cryptocurrency market. As XRP holders consider their next steps, they are increasingly looking at other digital assets and market developments that could influence their investment strategies. This trend reflects a growing maturity in the cryptocurrency market, where investors are becoming more sophisticated in their approach to managing risk and maximizing returns.

The analyst's query has also raised questions about the future of the XRP Ledger (XRPL) and its potential to become more elitist if XRP's price reaches $10,000. This concern underscores the broader implications of cryptocurrency price movements on the accessibility and inclusivity of the market. As XRP's price continues to rise, there is a risk that it could become less accessible to smaller investors, potentially leading to a more elitist market dynamic.

The conversation among XRP holders also touches on the recent transfer of 320 million XRP by SBI, a move that has been closely watched by the cryptocurrency community. This transfer is seen as a strategic move ahead of Ripple's scheduled token unlock, which could have significant implications for the market. The transfer highlights the ongoing developments within the XRP ecosystem and the potential for further market movements as Ripple continues to execute its strategic plans.