The Macroinvestor and CEO of Real Vision Raul Pal believes that the current market structure when Donald Trump returned to power is very reminiscent of the year 2017, when we observed the tremendous boom of altcoin, including XRP.
In 2017, Trump’s policy caused a surge in the US dollar due to rigid financial conditions, which were followed by a sharp weakening. The same thing happened in 2024, when the dollar grew after Trump’s victory, and then lose his position.
Historically, XRP always lagged behind Bitcoin, first consolidating, and then exploding in March 2017 and later about 69,000%. Over the second term, Trump XRP increased by 580% from $ 0.50 to $ 3.40, since February it went into the consolidation phase, which could last 6 months.
If the model that Pal indicated will repeat, XRP can show the second round of growth in late summer or in the fall of 2025.
It is interesting that other macroanalysts separate this point of view, for example, Arthur Hayes, who added that the combination of the weakness of the dollar and fiscal expansion can lead to cryptocurrency to parabolic growth.
As for the XRP itself, Ripple actively invests in tokenized real assets (RWA) in the XRP Ledger registry. In addition, there are rumors that Ripple can conduct an IPO, which can further increase the prestige of the XRP.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
