XRP Could Revisit All-Time High

David Siemer, CEO of Wave Digital Assets, has shared an optimistic outlook for the crypto market — particularly for Bitcoin and XRP — as institutional money continues flowing into digital assets.

The crypto market continues to be a hot topic among institutional investors, especially as more money flows into digital assets.

Among the brightest outlooks come from David Siemer, CEO of Wave Digital Assets, who shared his thoughts on the crypto market.

Bitcoin Still Reigns Supreme

According to Siemer, Bitcoin is still the preferred choice for institutional investors in 2025.

“No institutions are buying anything but Bitcoin right now,” Siemer stated during a recent interview.

While Ethereum is also beginning to see interest from large players, especially with the launch of futures products, Bitcoin is the primary asset driving the market momentum.

XRP May Be Poised for a Major Rally

On the topic of XRP, Siemer was cautiously bullish.

Although he did not reveal any specific details about any upcoming developments that could influence XRP's price, he mentioned that the token's community is pushing it higher.

“The XRP army is real,” Siemer said, acknowledging the cryptocurrency’s strong and persistent community of supporters. He believes that this consistent buying pressure could enable the asset to retest its previous all-time high of $3.50.

“I think XRP could hit an all-time high,” he added, stating that such a move is realistic given that the asset is currently trading at around $0.78.

However, to reach $3.50, XRP would need to multiply in value by about 350%, which seems like a huge leap.

Nevertheless, Siemer's comments highlight the potential for altcoins to rally if Bitcoin continues its bullish run and attracts more institutional interest.

The post Despite Huge Gains, One Token Could Go Even Higher, Says Wave Digital CEO appeared first on Tokenポスト | All About Web3, Web3 Games, NFT Game, Cryptocurrency News.