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Cryptocurrency News Articles
XRP Will Have the Most Utility Out There. Bitcoin Is a Store of Value
Apr 25, 2025 at 10:00 am
By Sal Gilbertie,
Teucrium asset management CEO Sal Gilbertie highlighted that the crypto has "the most utility" compared with Bitcoin (BTC).
"We believe XRP will have the most utility out there. I think Bitcoin is a store of value, but I think XRP has a true use case and Ripple will make this work," Gilbertie said in a Bloomberg interview.
This followed just days after the $345 million asset manager launched a 2x Long Daily XRP ETF (XXRP).
According to Bloomberg ETF analyst Eric Balchunas, the product saw massive inflows despite weak market conditions. It hit $40 million in net assets and is the first leveraged U.S. XRP ETF.
Exploring XRP's utility play
That said, Gilbertie's statement mirrored an outlook by Standard Chartered earlier this month.
StanChart's head of digital assets, Geoff Kendricks, projected that XRP could explode 600% to $12.5 in the next three years.
Kendricks noted that XRP was "uniquely positioned" for the cross-border payments use case.
Recently, Ripple acquired Hidden Road, a prime broker, that would leverage XRP and its stablecoin, RLUSD, as part of its long-term vision in cross-border payment and trade settlements.
But Kendricks' $12.5 XRP price target appeared conservative. According to Sistine Research, the altcoin could hit $33-$50 by 2027 — a potential 1500%-2500% price rally.
According to the crypto research firm, the pattern formation on the weekly chart mirrored the breakout after the consolidation in 2014-2017. If completed, the pattern could send XRP above $30 in two years.
That said, the XRP Ledger address activity slowed in 2025 and was yet to recover fully. Simply put, XRP's potential strong price recovery could be delayed unless the network traction gains momentum.
On the daily price chart, XRP hit a new April high of $2.3 but stalled and retraced to a previous bearish bullish order block (OB) at $2.1.
The rally could be extended in the short term if bulls defended the level as support and RSI stayed above the 50 mark. Otherwise, short sellers could drag it below $2 again.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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