Excitement around XRP is building, with experts, analysts, and even ETF issuers hinting at bullish sentiment.

In a recent interview with Bloomberg, Teucrium CEO Sal Gilbertie was all praises for XRP as he praised Ripple's dedicated team calling them “really professional people working really hard.”

The excitement around XRP is building, with experts, analysts, and even ETF issuers hinting at bullish sentiment. In a recent interview with Bloomberg, Teucrium CEO Sal Gilbertie had nothing but praise for XRP and had good reason to pick it over Bitcoin.

According to Gilbertie, XRP is the coin that will have the most utility out of the bunch, and this was a key factor in their decision to launch an XRP ETF. He also had kind words for the Ripple team, highlighting their professionalism and dedication to the project.

“I think that XRP has a true use case. We were looking at several coins, but i think that XRP has the most utility out of the bunch. The Ripple team is really professional, they act like investment bankers and they know what they are doing. That’s why we chose XRP” Gilbertie said.

He previously expressed his admiration for XRP, calling it “very legitimate.” He was also enthusiastic about the debut of the XRP ETF, describing it as “terrific and overwhelming.”

Teucrium, known for its commodity ETFs, has recently been showing growing interest in crypto. The firm launched the first-ever U.S. spot Bitcoin futures ETF in March and is now expanding its crypto offerings with the addition of the XRP ETF.

God Candle In 2025

Analyst Dark Defender recently predicted that XRP could soon experience a breakout against Bitcoin, leading to a “God Candle” in 2025. This comes after XRP successfully broke a multi-year downtrend against Ethereum, which marked a huge shift in its market position, relative to other altcoins.

We celebrated when the XRP/ETH pair broke the falling trend for the first time in years. People were laughing at our first signals.Now, it is Bitcoin's Turn.The XRP/BTC pair is ready to fire.God Candle is Loading for the pair in 2025. pic.twitter.com/mPeC8lMNiX— Dark Defender (@Dark_Defender3) August 17, 2024The XRP/BTC pair is showing signs of a breakout, with technical indicators like a narrowing wedge and strengthening RSI hinting to explosive moves ahead. The “God Candle” refers to a massive bullish surge that could indicate a shift in market sentiment, which could allow XRP to outperform Bitcoin in the near future.

Earlier this year, another analyst Steph Is Crypto had also predicted that XRP has broken out against Bitcoin and is poised to outperform Bitcoin by at least 595%.

Focus Off The Charts

Max Avery suggests that analysts could be underestimating where XRP is heading next by focusing too much on charts. He discussed factors like real-world utility, institutional adoption, network strength and a few regulatory advantages that sets XRP apart. He had previously explained that for Bitcoin to deliver a 10x return, it needs to reach $1 million, while XRP only needs to hit $25.

XRP is currently trading at $2.27, up over 8% in the past day, and up by over 24% in the past two weeks.