XRP surpasses Bitcoin in utility, claims CEO - Reasons outlined below:
Ripple's XRP could well be a better long-term investment than Bitcoin, according to Teucrium's CEO Sal Gilbertie. In a recent Bloomberg interview, he asserted that XRP has a 'true use case', making it a better 'utility' play.
This came shortly after Teucrium launched a 2x Long Daily XRP ETF (XXRP), a product that defied the bearish market conditions and garnered significant inflows, reaching $40 million in net assets, making it the first leveraged U.S. XRP ETF.
The Utility of XRP
Gilbertie's belief mirrors Standard Chartered's Head of Digital Assets, Geoff Kendricks, who recently revealed that XRP could explode 600%, reaching $12.50 in the next three years. He noted that XRP was 'uniquely positioned' for the cross-border payments use case.
Ripple is pushing ahead with this vision, having recently acquired Hidden Road, a prime brokerage firm. The acquisition aims to leverage XRP and its stablecoin, RLUSD, for cross-border payment and trade settlements.
However, Kendrick's $12.5 prediction seems conservative compared to Sistine Research's estimate that the altcoin could climb to $33-$50 by 2027, representing a potential price rally of 1500-2500%.
The Future of XRP
Crypto research firm Sistine Research suggests that XRP's price action follows a pattern similar to the breakout after the consolidation in 2014-2017. If this pattern holds, XRP could exceed $30 in the next two years.
Despite this optimistic outlook, XRP's address activity slowed in 2025 and has yet to regain momentum. This delay in network traction could hamper XRP's strong price recovery.
On the daily price chart, XRP hit a new April high of $2.3 but has since retreated to a previous bearish-bullish order block at $2.1. The rally could continue in the short term if bulls defend this level as support and the Relative Strength Index (RSI) remains above 50. Otherwise, bears could push the price below $2 again.
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Sources: X, CryptoQuant, TradingView
*Disclaimer: This article is for informational purposes only and should not be taken as financial advice.
More Insights
- Cross-Border Payments: XRP's primary use case lies in facilitating fast, low-cost cross-border transactions, making it appealing to financial institutions looking to streamline global money transfers.
- Tokenization: Ripple aims to tokenize real-world assets on blockchain networks, which could increase liquidity and accessibility for various asset types, further expanding XRP's utility.
- Financial System Integration: XRP seeks to reshape the financial system by offering a more efficient, low-cost alternative to traditional payment methods, driving its potential growth.
- Institutional Adoption: Ripple anticipates increased adoption from banks, particularly those in Japan, who plan to use the XRP Ledger for cross-border payments, boosting institutional interest in XRP.
- DeFi Integration: Ripple is partnering with Chainlink to integrate RLUSD, a stablecoin backed by liquidity pools on the XRPL, into Ethereum-based DeFi platforms, expanding XRP's ecosystem reach.
Extra:
- Geoffrey Kendrick's Views: Standard Chartered's Global Head of Digital Assets Research, Geoffrey Kendrick, highlights XRP's ability to enable fast, low-cost transactions, particularly for cross-border payments. He predicts significant growth for XRP, projecting it could reach $5.50 by the end of 2025 and $12.50 by 2028, potentially surpassing Ethereum's market capitalization by 2028. Despite the developer ecosystem of XRP lagging behind Ethereum's, Kendrick believes XRP's real-world utility and favorable market conditions will drive its growth. However, there's no specific mention of Teucrium's CEO Sal Gilbertie discussing XRP in the search results.
- Unit: The standard unit of XRP is XRP, but it can also be expressed as a drop, with 1 drop equaling 1/100,000 XRP.
- Market Capitalization: XRP's market capitalization is calculated by multiplying its circulating supply by its price. As of the time of writing, XRP has a market capitalization of around $19.2 billion. Its all-time high market capitalization was reached in January 2018 at around $127.7 billion.
- In contrast to Bitcoin, XRP could be a better long-term investment due to its 'true use case' as a utility coin, as suggested by Teucrium's CEO Sal Gilbertie.
- The launch of a 2x Long Daily XRP ETF (XXRP) by Teucrium has garnered significant inflows, reaching $40 million in net assets, indicating a positive outlook for XRP's future.
- Ripple's acquisition of Hidden Road, a prime brokerage firm, aims to leverage XRP and RLUSD for cross-border payment and trade settlements, which could increase XRP's practical utility.
- Sistine Research predicts that XRP could climb to $33-$50 by 2027, representing a potential price rally of 1500-2500%, suggesting a bright future for the cryptocurrency.
- Despite optimistic outlooks, XRP's address activity slowed in 2025, and a delay in network traction could hamper XRP's strong price recovery, indicating potential challenges ahead for the cryptocurrency.
