Can XRP Overtake Bitcoin? Zach Rector Predicts a New Role as a Global Store of Value

robot
Abstract generation in progress

Financial analyst and commentator Zach Rector has suggested that XRP could become a preferred store of value after the current crypto market cycle concludes. In a recent post on X, the Rector suggested that investors may begin to allocate capital into XRP when the market reaches its next peak, potentially using it as a tool to preserve profits. Currently, Bitcoin is widely recognized as the primary digital store of value, often compared to traditional assets that have characteristics such as limited supply, durability, and inflation resistance. However, the Rector believes that XRP could soon achieve similar recognition, especially as other assets reach their cycle highs and market participants seek more stable alternatives.

Key Factors Supporting the Argument Although the Rector did not provide a specific roadmap, some emerging trends suggest that XRP could develop into a store of value. A key factor is regulatory clarity. In the legal battle between Ripple and the United States Securities and Exchange Commission (SEC), Judge Analisa Torres ruled that XRP does not qualify as a security. This legal status distinguishes it from many other digital assets, which are still facing unresolved legal questions. Scarcity is also an important factor. XRP has a limited total supply of 100 billion tokens. A significant portion, over 40%, is still held by Ripple in escrow, limiting active circulation and contributing to the long-term scarcity of this asset. Moreover, the interest of institutions in XRP is also increasing. Some investment firms, including Bitwise and Franklin Templeton, are reportedly waiting for regulatory approval to launch exchange-traded funds (ETF) based on XRP. In addition, companies listed on Nasdaq, such as VivoPower International, Trident Digital Holdings, and Webus, have expressed plans to hold XRP as a long-term asset on their balance sheets. These companies are expected to retain their XRP holdings, rather than converting them into fiat currency. Expected Value and Market Psychology The Rector remains optimistic about the performance of XRP in the current cycle. Although this token recently reached a high of $3.65, he believes it could increase significantly further. He predicts the cycle peak will be $20-30, equivalent to a potential growth of over 500% compared to the current price of $3.16. The broader implication of this view is that as XRP becomes more widely used, backed by regulatory assurance and supported by institutions, the perception of it may change. If these trends continue, XRP could become a viable alternative for investors seeking returns from more volatile assets after the peak of the cycle. $XRP {spot}(XRPUSDT)

XRP0.43%
BTC0.38%
VAI8.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)