The most underestimated "old antique" XRP is being quietly scooped up by large institutions! Retail investors are bewildered, and the market is shocked!
Yesterday, a decentralized platform called Trident splurged $500 million to incorporate XRP into its treasury! When this news broke, the crypto community was stunned: retail investors are almost gone, the community is chilling, so why are the big players crazily hoarding XRP? Could it be that the once "XRP Iron Army" retail investors are really switching to institutions?
XRP, this old brother, debuted early but has had a tumultuous journey: labeled as “centralized,” it has been embroiled in a lawsuit with the SEC for five years, slow in technological updates, and enthusiasm in the community has completely dwindled, making it a definite “has-been internet celebrity.”
But its price remains stable: weathering crashes, it sways around $2, and its market cap even briefly surged back into the global top three!
Institutions are entering with real money: it’s not just talk! Hong Kong company Webus invested $300 million to create an XRP payment system; the publicly listed company VivoPower raised $121 million, led by a Saudi billionaire, just to hoard XRP as a reserve asset!
The ecosystem is no longer “one-track minded”: it used to only focus on payments? Now it’s changed dramatically! Ripple has developed a sidechain compatible with Ethereum, launched its own stablecoin RLUSD, and incubated new projects... The embryonic form of the “XRPFi” ecosystem is emerging! The total amount locked on the XRPL chain has also exceeded $40 million.
To be honest, seeing XRP’s “quietly making a fortune” stance, I’m a bit bewildered! What surprises can the XRPFi ecosystem bring? To get more firsthand information, click on the avatar to follow Da D, with professional team support, so you won't miss any opportunities.