The cryptocurrency world is no stranger to sudden surges and market twists, but few could have predicted XRP’s dramatic rise in recent weeks. Climbing from mere cents to a striking $2.40, $XRP has not only surprised investors but also briefly overtook Tether, claiming the third spot on the global crypto rankings. With this momentum, some are now daring to ask — could XRP be the next Bitcoin?Fueled by FOMO
Dave Portnoy, founder of DDTG Global and a prominent voice in finance, recently shed light on why he’s turned his attention to XRP. Sharing a personal anecdote about losing a real estate deal in Miami to a crypto millionaire, he admitted the intense fear of missing out (FOMO) is driving his current investment decisions.I’ve worked hard for 20 years,” he said, “and suddenly someone in crypto swoops in. Bitcoin’s at $100k. It’s FOMO, plain and simple.”Portnoy confessed he doesn’t necessarily believe in XRP on a deep level — but he’s betting on its potential. “It’s not like I have some grand belief in it… it’s what, two bucks forty? What if that’s the next Bitcoin?”Legal Clouds ClearingOne of XRP’s biggest roadblocks has been its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Since 2020, Ripple Labs, the company behind XRP, has fought accusations of selling unregistered securities. However, after years of court drama, the case appears to be nearing its conclusion.According to Ripple’s Chief Legal Officer, both Ripple and the SEC are working together to resolve the remaining issues. Once finalized, this resolution could clear the path for wider institutional adoption and investment.A New Era for XRP?With the lawsuit nearly behind it and XRP’s price surging, the crypto is entering a new phase. Ripple has been actively forming global partnerships and expanding its payment infrastructure, making it more than just a speculative asset.
Although no one can guarantee XRP will follow in $BTC
’s footsteps, the pieces are falling into place. If investor excitement, legal clarity, and strategic growth continue, XRP may indeed be on the path to becoming the next big thing in crypto.