A striking call from crypto expert Levi Rietveld is causing a stir in the XRP community. According to him, this is the time to own 2,500 XRP and that has everything to do with a recent acquisition of Ripple.
Ripple Completes Acquisition of Hidden Road
Ripple has officially acquired the financial platform Hidden Road, which will now be known as Ripple Prime. This marks Ripple’s entry into the world of prime brokerage for the first time: a multibillion-dollar industry in which professional traders and institutions settle their transactions.
What makes this acquisition so important? According to Rietveld, this is the moment when XRP finally begins to fulfill its role as a bridge currency in the financial system. He predicts that “trillions of dollars” will flow through the XRP Ledger (XRPL). And that could dramatically increase demand for XRP.
‘Now or never’ for private investors
In his appeal, Rietveld leaves no doubt: “If you see this, you must own at least 2,500 XRP before the end of the month.” He sees the acquisition of Hidden Road as the starting signal for a new era in which he believes XRP will play a central role in global financial transactions.
In addition to XRP, Ripple’s own stablecoin, RLUSD, will also be integrated into the new service. That makes it possible to move capital between different assets faster and cheaper. According to Rietveld, it is “now or never” for retail investors who want to profit before the large institutional parties step in en masse.
XRP price holds strong after strong rally
The price of XRP currently fluctuates around $2.65. The digital asset is showing resilience after an earlier rally, in which it outperformed most other cryptocurrencies in the top ten. The recent price movements could be the start of a larger shift in market structure, with XRP increasingly being used for institutional settlements, according to analysts.
With this acquisition, Ripple appears to be taking a big step towards its long-cherished goal: positioning XRP as a liquid bridge currency for large financial transactions worldwide.
Source: https://newsbit.nl/crypto-expert-slaat-alarm-je-hebt-nu-2-500-xrp-nodig/
