XRP is Not Extinct, It's Simply Preparing for Takeoff: Expert Opinion
John Squire, a prominent social media influencer, has argued that Ripple's native token, XRP, is not dead but is in fact poised for significant growth. He pointed out that RippleNet, the project behind XRP, has made substantial advancements over the past decade, securing partnerships with notable firms like SBI, Tranglo, and Santander and gaining use in over 55 countries.
Despite a protracted legal battle with the US SEC, Ripple's CEO declared victory in mid-March, reinforcing Squire's belief that XRP is resilient. Additionally, Squire highlighted the potential for increased institutional adoption for XRP and the development of a Ripple ETF in the US.
He also noted the positive trend in XRP's price chart, suggesting a bull run could be imminent.