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Yahoo
a day ago
- Business
- Yahoo
Could This Surprising Cryptocurrency Become the Next XRP?
Sui launched in 2023, and is still flying under the radar of many investors. It may possess the same type of upside potential as XRP. Sui, much like XRP, is a highly speculative cryptocurrency prone to enormous volatility. 10 stocks we like better than Sui › It's easy to understand the allure of XRP (CRYPTO: XRP) for crypto investors. Between November 2024 and January 2025, it soared nearly 600% in value, eventually hitting a 52-week high of $3.39 in mid-January. However, since then, XRP has slumped badly. It's now down 35%, and shows little sign of regaining momentum. As a result, I've been looking for "the next XRP" -- a low-cost, high-upside cryptocurrency capable of skyrocketing in price just like XRP. My top pick right now is Sui (CRYPTO: SUI), and here's why. Sui is the latest in a long line of highly touted Ethereum (CRYPTO: ETH) challengers. While Solana (CRYPTO: SOL) is currently the top Ethereum challenger, Sui has often been referred to as a potential "Solana killer." So, in terms of current pecking order, there's Ethereum, there's Solana, and there's Sui. Sui currently ranks No. 12 among all cryptocurrencies, with a market cap of $10 billion. That's all the more impressive given that Sui only launched in April 2023. In just two years, it has already become one of the top cryptocurrencies in the world. To give you an idea of just how big the potential market opportunity is for Sui, Solana has an $80 billion market cap, while Ethereum has a $300 billion market cap. So if Sui manages to catch Solana, it might increase in value eight-fold. If it manages to close the gap with Ethereum, it might increase in value by 30-fold. What's particularly interesting is how many similarities there are between Sui and XRP. Both are currently trading at more than 40% discounts to their all-time highs. Both also hit 52-week highs in January 2025, amid a wave of crypto euphoria. That's not all. Both are strong candidates to get spot ETFs this year, and both have high-profile Silicon Valley companies backing them. XRP has Ripple Labs, while Sui has Mysten Labs. To date, Mysten Labs has raised over $300 million in financing to support the build-out of the Sui blockchain ecosystem. Moreover, if you look at trading activity on the cryptocurrency exchange Coinbase Global (NASDAQ: COIN), both XRP and Sui rank among the top five cryptocurrencies in terms of 24-hour trading volume. While Sui may not be a household name quite yet, traders are certainly aware of it. So why is Sui not generating the same types of headlines as XRP? Well, Sui launched in 2023 as the crypto winter of 2022 was coming to an end. That was bad timing, to say the least. The last thing investors want to hear about when the market is at the very bottom is a new, highly speculative cryptocurrency. However, Sui has certainly made up for lost time, and is now starting to attract more attention from institutional investors. In August 2024, a research report from 21Shares ("Is Sui a Solana Killer?") highlighted Sui's impressive performance metrics, including its blazing-fast speeds. Will Sui really be able to outperform XRP over the long haul? It depends on the long-term growth prospects of both. If you think that Ripple (XRP) can become a world leader in cross-border payments, you buy XRP. If you think that Solana and Ethereum are ripe for disruption, then you buy Sui. Going forward, one major point of differentiation might be stablecoins, which have emerged as one of the fastest-growing segments of the crypto market. Right now, stablecoins appear to be taking a big bite out of XRP's core business (cross-border payments). In contrast, stablecoins are likely to be complementary for the Sui blockchain ecosystem, helping to drive more user activity. According to online prediction markets, XRP has a 72% chance of hitting a price of $3.40 before the end of the year, and a 30% chance of hitting $3.75. Based on its current price of $2.20, that means XRP has a relatively high likelihood of soaring 50% or more by the end of 2025. Given all its similarities with XRP, I'm expecting Sui to meet or exceed this type of performance. If Sui is able to regain its highs from January, then it could soar more than 75% by the end of the year. If you are willing to accept the risk of significant volatility ahead, Sui could be yet another way to diversify your portfolio with a low-cost, high-upside cryptocurrency. Before you buy stock in Sui, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Sui wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Dominic Basulto has positions in Ethereum, Solana, Sui, and XRP. The Motley Fool has positions in and recommends Ethereum, Solana, Sui, and XRP. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy. Could This Surprising Cryptocurrency Become the Next XRP? was originally published by The Motley Fool
Yahoo
4 days ago
- Business
- Yahoo
Where Will XRP (Ripple) Be in 1 Year?
XRP is the fourth-largest cryptocurrency, and its blockchain has real-world applications for cross-border transactions. The odds of an XRP ETF launch this year have risen significantly. XRP is still a speculative investment, and investors should be cautious about owning too much crypto in their portfolios. 10 stocks we like better than XRP › Cryptocurrencies are often polarizing. True believers often dismiss any legitimate skepticism of a digital token and its blockchain, while financial traditionalists often can't imagine that any new financial process could take root in an established system. No matter where you fall on this spectrum, one coin that has gained significant attention lately is XRP (Ripple) (CRYPTO: XRP). The real-world benefit of XRP is that its blockchain allows for faster cross-border transactions. Sending money across the globe and converting it into another currency traditionally takes nearly a day and can be expensive, but XRP can do it in seconds and doesn't charge transaction fees. With this practical application in mind, here are two reasons to be optimistic about XRP over the next year and one word of caution. The U.S. Securities and Exchange Commission (SEC) formerly had a lawsuit against Ripple Labs (the developer of XRP), saying the company was selling an unregulated security. But that lawsuit was settled last month, resulting in Ripple paying a $50 million fine but receiving the remainder of $125 million that was being held by the SEC. The settlement is significant for XRP because some financial institutions were likely hesitant to adopt XRP's cross-border transaction blockchain process while the U.S. government had a pending lawsuit against the coin's developer. There's no guarantee that XRP will gain widespread adoption over the next year, or ever, but with the lawsuit out of the way, it's far more likely than before that institutions could move in this direction. Exchange-traded funds have become a popular option for buying stocks, and they've recently emerged as a new avenue for investing in crypto as well. About a dozen Bitcoin ETFs launched last year, and other cryptocurrency ETFs have also debuted, proving demand for crypto ETFs is strong. The digital prediction market Polymarket has the odds of an XRP ETF launching this year at 98%, up from 68% in April. XRP is already the fourth-largest cryptocurrency, and demand for Bitcoin and Ethereum ETFs has been strong since they debuted. For example, BlackRock's iShares Bitcoin Trust ETF has received nearly $49 billion in net inflows since it launched in 2024. Some analysts estimate that XRP's value would skyrocket to $27 -- a more than 1,000% increase from its current price -- if an XRP ETF launches this year. That astronomical price increase prediction is a reminder of the unrealistic euphoria that's often associated with cryptocurrencies, but it's also an indicator that investors may be eager to buy XRP if there's an easy way to do so. Again, there's no guarantee of an XRP ETF debut, or that it would cause a spike in XRP's price, but considering that XRP's price has soared 365% over the past year, it's clear that investors are already interested in the coin. While there are a handful of legitimate reasons to be optimistic about XRP, it's also important to note that the crypto's value can be volatile. All digital tokens come with a hefty dose of instability, and XRP is no exception. For example, the same analysts who predict XRP could gain 1,000% if an ETF is approved also predict that its value could then fall by up to 90% after the surge. Still, the real-world application of using XRP's blockchain to process cross-border transactions makes the token an interesting investment idea. If you're OK with volatility, then having a small position in XRP may not be a bad idea. But it's important to remember that crypto should play a limited role in your overall investment strategy. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy. Where Will XRP (Ripple) Be in 1 Year? was originally published by The Motley Fool
Yahoo
12-06-2025
- Business
- Yahoo
Ripple's Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead
SINGAPORE – Brad Garlinghouse, CEO of crypto company Ripple Labs, stated at the Apex 2025 conference that he remains bullish on stablecoins – a sentiment he said is reinforced by the recent blockbuster Circle CRCL initial public offering (IPO). "Circle IPO's clearly went very well. That's a reflection of investor interest in crypto, both institutions and retail. The financial future will be blockchain-based," Garlinghouse said at Apex 2025, the largest annual XRPL summit. Garlinghouse said that one factor in the success of Circle's IPO is the market's fundamental belief that the GENIUS Act – the U.S. stablecoin legislation – will pass. As CoinDesk previously reported, the GENIUS Act, a stablecoin regulatory bill, is poised for imminent Senate passage with bipartisan support, potentially moving to the House and becoming law by August recess. "Regulatory headwinds have now become tailwinds in the U.S., and that's good for the global landscape," Garlinghouse continued. "It's not deregulation that we want, and we are asking for clear regulation, and progress is evident." Other jurisdictions have also recently passed stablecoin legislation, such as Hong Kong. Korea's new administration is also said to be working on a stablecoin bill. Garlinghouse declined to comment on a potential Ripple-Circle merger or acquisition. Apex continues in Singapore through Thursday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
Ripple's Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead
SINGAPORE – Brad Garlinghouse, CEO of crypto company Ripple Labs, stated at the Apex 2025 conference that he remains bullish on stablecoins – a sentiment he said is reinforced by the recent blockbuster Circle CRCL initial public offering (IPO). "Circle IPO's clearly went very well. That's a reflection of investor interest in crypto, both institutions and retail. The financial future will be blockchain-based," Garlinghouse said at Apex 2025, the largest annual XRPL summit. Garlinghouse said that one factor in the success of Circle's IPO is the market's fundamental belief that the GENIUS Act – the U.S. stablecoin legislation – will pass. As CoinDesk previously reported, the GENIUS Act, a stablecoin regulatory bill, is poised for imminent Senate passage with bipartisan support, potentially moving to the House and becoming law by August recess. "Regulatory headwinds have now become tailwinds in the U.S., and that's good for the global landscape," Garlinghouse continued. "It's not deregulation that we want, and we are asking for clear regulation, and progress is evident." Other jurisdictions have also recently passed stablecoin legislation, such as Hong Kong. Korea's new administration is also said to be working on a stablecoin bill. Garlinghouse declined to comment on a potential Ripple-Circle merger or acquisition. Apex continues in Singapore through Thursday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
08-06-2025
- Business
- Globe and Mail
Can XRP Hit $3 in 2025?
The cryptocurrency industry has already made its fair share of millionaires, and XRP (CRYPTO: XRP) is one of the best examples. With prices up by 25,000% over the last decade, a $5,000 investment would be worth over $1.25 million today. To put that into context, a similar bet on the S&P 500 would have netted just $14,200. However, now that the easiest money has already been made, it will be harder for XRP to deliver the same multibagger returns it made in the past. Let's dig deeper to see if the stock can hit $3 in 2025 or beyond. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » What is XRP? Founded in 2012, Ripple Labs created XRP to fix the shortcomings of older platforms like Bitcoin, which was launched three years prior. The developers realized that blockchain technology was ideal for disrupting the international payments industry, which is currently served by arguably archaic networks like The Society for Worldwide Interbank Financial Telecommunication (SWIFT), which was founded in 1973. SWIFT works by allowing banks to send secure messages to one another before finalizing monetary transfers. XRP's developers wanted to enable users to bypass this process by sending money to one another directly while using XRP tokens as a bridge between different currencies. Practically all cryptocurrencies can serve this function. And newer blockchains, such as Solana, can handle transactions even faster than XRP. Still, as an early mover, XRP has established a level of brand recognition and trust that puts it in the same league as other "blue chip" cryptocurrencies like Bitcoin and Ethereum. And this will be key to attracting the risk-averse institutional investors that are finally dipping their toes into this highly speculative asset class. XRP has secured regulatory wins XRP's primary growth catalyst may come from easing regulations on the cryptocurrency industry as a whole. Under the Trump administration, the Securities and Exchange Commission (SEC) has begun prioritizing regulatory clarity over enforcement, abandoning legal actions against cryptocurrency organizations, including XRP's developer, Ripple Labs. On March 9, the SEC dropped its appeal against an earlier ruling that found Ripple's sales of XRP to retail investors were not considered unregistered securities sales (although sales to institutional investors still were). Ripple Labs finally settled with the SEC, agreeing to pay a fine of $50 million, reduced from the original $125 million imposed last year. The resolution of this regulatory uncertainty could open the door for more financial products based on XRP, like exchange-traded funds (ETFs), which will make the asset accessible to a broader range of investors. Can XRP Hit $3 in 2025? With its price tag of $2.24 per unit at the time of this writing, XRP looks tiny compared to other leading cryptocurrencies like Bitcoin and Ethereum, which are worth $105,404 and $2,649, respectively. But this number is deceptive. XRP's market cap (the value of all its units added together) stands at $130 billion, making it the fourth-largest crypto in the world. And the larger an asset becomes, the harder it will be to grow. With this in mind, investors should remember that it is practically impossible for XRP to repeat the multibagger returns it enjoyed in the past. Even growing by another 1,000% (to $22.40 per unit) would take its market cap well beyond $1 trillion. And it is unclear where that much demand would come from. That said, XRP's path to $3 (a gain of 34% compared to the current price) looks more doable. A combination of regulatory wins and an established brand name could help XRP attract more deep-pocketed investors, especially if an ETF is approved this year. That said, while the digital coin looks poised to continue outperforming the wider cryptocurrency industry, investors should expect future growth to be slow and steady, not fast and explosive. And the path to $3 might not necessarily happen in 2025. Should you invest $1,000 in XRP right now? Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
