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Yahoo
13 hours ago
- Business
- Yahoo
Prediction: XRP and Dogecoin Will Struggle Mightily in August (and Likely Well Beyond)
Key Points Cryptocurrencies have run circles around Wall Street's major stock indexes over the last decade, with popular digital tokens XRP and DOGE leading the charge. Though adoption rates for payment-focused tokens have climbed, they're still quite modest compared to time-tested transaction methods. XRP and Dogecoin appear to be prime examples of the financial markets idiom, "buy the rumor, sell the news." These 10 stocks could mint the next wave of millionaires › Compared to other asset classes, such as bonds, commodities, and real estate, the stock market has been the top wealth creator over the past century. But over the trailing decade, nothing has come close to rivaling the gains delivered by cryptocurrencies. Whereas the benchmark S&P 500 (SNPINDEX: ^GSPC) has roughly tripled over the trailing decade, prominent payment-based digital currencies XRP (CRYPTO: XRP) and Dogecoin (CRYPTO: DOGE) have soared by more than 34,000% and nearly 117,000%, respectively, based on data from YCharts. While these popular cryptocurrencies have become staples in the portfolios of digital-asset investors, both Ripple-created XRP and Dogecoin appear primed for a difficult August, and a potentially rough second-half of 2025, for a variety of reasons. XRP's and Dogecoin's adoption rates aren't as impressive as you might think Aside from the appeal of decentralization (XRP is only partially decentralized since it's the bridge currency developed for Ripple's payment network), one of the primary selling points of cryptocurrencies and their underlying blockchain networks is the ability to facilitate peer-to-peer and/or cross-border transactions faster, safer, and considerably cheaper than existing methods. XRP, which is the bridge currency used in cross-border transactions for financial institutions, and Dogecoin, which is primarily used for peer-to-peer and merchant transactions, have seen their usage rates grow over time. However, adoption rates remain relatively tame. For instance, in the neighborhood of 300 global financial institutions are using RippleNet for cross-border payments. But what's worth noting is that not all of these banks are required to use XRP as the intermediary currency. While RippleNet grows in adoption, demand for XRP isn't increasing on a 1-for-1 basis. As for Dogecoin, it received a boost when Tesla CEO Elon Musk, who's been a longtime Dogecoin enthusiast and small stakeholder, announced his company would accept DOGE for select goods. But outside of Tesla, DOGE token use cases are minimal, with around 2,500 merchants accepting it in 2024, based on data collected by Cryptopolitan. Although traditional payment methods are costlier and slower, they're still the undisputed top option. Neither XRP Ledger nor Dogecoin offers unbeatable networks To build on the first point, neither XRP Ledger nor Dogecoin offers blockchain networks that stand out as unbeatable. To give credit where credit is due, these blockchain networks are considerably faster and cheaper than the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, which has been the standard for cross-border transactions for decades. Instead of waiting days for traditional payments to settle, XRP Ledger can validate and settle payments in three to five seconds for a fraction of a penny. Meanwhile, Dogecoin averages a settlement time of roughly one minute, with most transactions costing in the neighborhood of $0.02. However, Solana offers the ability to complete international transactions for a fraction of a cent in an average settlement time of 400 milliseconds. Similarly, Stellar, which is more commonly used for peer-to-peer transactions in similar fashion to DOGE, can settle for a fraction of a penny in five seconds or less. Buy the rumor, sell the news Another reason to expect XRP and Dogecoin to struggle mightily in August, if not well beyond, is the common financial markets idiom, "buy the rumor, sell the news." Both tokens had tangible catalysts entering 2025. President Trump's November victory paved the way for the resignation of now-former U.S. Securities and Exchange Commission Chair Gary Gensler, who was generally skeptical of digital assets and had ongoing litigation against Ripple. With Gensler leaving office on Jan. 20, Trump's inauguration date, it rolled out the red carpet for Ripple's litigation woes to be cleared up. As for Dogecoin, Trump's victory led to Elon Musk's being used as a special employee for the Department of Government Efficiency (DOGE). Although this "DOGE" has absolutely nothing to do with actual DOGE tokens, Musk's having the president's ear was viewed as a positive for all digital assets -- especially Dogecoin. The problem is that these catalysts are now firmly in the rearview mirror. Elon Musk is no longer part of DOGE, and Gensler left his role more than six months ago. With no clear immediate catalysts for XRP or Dogecoin, it may be time for investors to "sell the news." Crypto is tethered to an exceptionally pricey stock market Perhaps the most-damning of all reasons XRP and Dogecoin can tumble in August, and possibly for many months thereafter, is the inextricable link between the crypto market and stock market. When cryptocurrencies were initially conceived, they were prominently viewed as a separate asset class that, in some instances, would act as a hedge against inflation and an alternative to stocks. But as time has passed, digital assets have ebbed and flowed in lockstep with equities. The good news here is that Wall Street's major stock indexes spend a disproportionate amount of time climbing, rather than falling. Based on data published by Bespoke Investment Group in June 2023, the average S&P 500 bear market since the start of the Great Depression in September 1929 has lasted only 286 calendar days. In comparison, the typical S&P 500 bull market endured for 1,011 calendar days, or approximately 3.5 times as long as the average bear market. But there's an asterisk that should be placed next to the current S&P 500 bull market. Specifically, this is the third-priciest continuous bull market when back-tested 154 years, based on data from the Shiller price-to-earnings ratio. When valuations become extended to the upside as they are now, it's simply a matter of when, not if, stocks endure a sizable downturn. If the stock market corrects lower, there's a very high probability XRP and Dogecoin will follow suit at an accelerated pace. Trump's Tariffs Could Create $1.5 Trillion AI Gold Rush The Motley Fool's analysts are tracking a massive shift in U.S. tech. Over $1.5 trillion is already flowing into infrastructure, AI, and advanced manufacturing… and the number keeps climbing. Following a major tariff policy shift, a new AI Gold Rush is taking shape, and we think . It builds the tech infrastructure that Apple, OpenAI, and others suddenly can't live without. We just released a full write-up on this under-the-radar stock — and why now might be the exact moment to move. Continue » *Stock Advisor returns as of August 4, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Solana, Tesla, and XRP. The Motley Fool has a disclosure policy. Prediction: XRP and Dogecoin Will Struggle Mightily in August (and Likely Well Beyond) was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-07-2025
- Business
- Yahoo
It's not just Bitcoin: Altcoin XRP's price is also rising. Here's a possible reason why
Earlier today, Bitcoin hit an all-time high of over $118,000 per token, giving many crypto investors hope that the digital coin king may soon surpass the psychologically important barrier of $120,000. What is fractional leadership, and why is it booming now? 5 companies that could hit a $4 trillion market cap after Nvidia AI will kill the org chart But Bitcoin isn't the only cryptocurrency significantly on the rise today. The altcoin XRP is also up today—more than 13% over the past 24 hours as of the time of this writing. Here's a possible reason why. In the world of cryptocurrency, you have one king, Bitcoin. Keeping in line with the nobility nomenclature, the title of prince belongs to Ethereum, the second-largest crypto by market cap. The title of duke, then, would go to XRP, the third-largest crypto by market cap. All Bitcoins in the world currently have a market cap of about $2.3 trillion, while Ethereum sits at about $361 billion, and XRP hovers around $161 billion. XRP, then, is one of the bigger so-called altcoins on the market. According to Yahoo Finance data, the current price of XRP (XRP–USD) is right around $2.76 per token. One of the largest holders of XRP is Ripple Labs Inc., a company that offers digital cross-border payment solutions like the decentralized RippleNet. Over the past 24 hours, XRP has seen a significant increase. As of the time of this writing, the coin is trading at around $2.7636 apiece. That's a more than 13% gain in the last day. But why is XRP surging? Any rise or fall in any crypto is usually linked to more than one reason, but over the past few days, investors seem to be more bullish on XRP—and perhaps thanks in part to a specific event. As noted by The Coin Telegraph, on Wednesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing called 'From Wall Street to Web3: Building Tomorrow's Digital Asset Markets.' The event covered a number of topics, as noted by Bitcoin Magazine, including the regulatory environment surrounding crypto. One of the witnesses at the event was Ripple Labs' CEO Brad Garlinghouse. Since that event, XRP has steadily increased. Garlinghouse's presence at the event seems to suggest to some investors that Ripple may have a growing involvement with policymakers in Washington. If so, it may help boost the appeal of XRP, which Ripple owns a lot of. Of course, whether Ripple Labs actually has an increasing involvement with policymakers in D.C. remains to be seen—and even if they do, it doesn't mean XRP is guaranteed any kind of upward trajectory. Still, over the past five days, XRP has surged 20%. While XRP's five-day jump of 20% seems impressive, it's nothing compared to what the coin has done over the past 12 months. Since last July, XRP has surged a staggering 507%, according to data from Yahoo Finance. That's an astounding return compared to its peers. Bitcoin, for example, is up just over 105% in the same period, and Ethereum is down just over 3%. This post originally appeared at to get the Fast Company newsletter:
Fast Company
11-07-2025
- Business
- Fast Company
It's not just Bitcoin: Altcoin XRP's price is also rising. Here's a possible reason why
Earlier today, Bitcoin hit an all-time high of over $118,000 per token, giving many crypto investors hope that the digital coin king may soon surpass the psychologically important barrier of $120,000. But Bitcoin isn't the only cryptocurrency significantly on the rise today. The altcoin XRP is also up today—more than 13% over the past 24 hours as of the time of this writing. Here's a possible reason why. What is XRP? In the world of cryptocurrency, you have one king, Bitcoin. Keeping in line with the nobility nomenclature, the title of prince belongs to Ethereum, the second-largest crypto by market cap. The title of duke, then, would go to XRP, the third-largest crypto by market cap. All Bitcoins in the world currently have a market cap of about $2.3 trillion, while Ethereum sits at about $361 billion, and XRP hovers around $161 billion. XRP, then, is one of the bigger so-called altcoins on the market. According to Yahoo Finance data, the current price of XRP (XRP-USD) is right around $2.76 per token. One of the largest holders of XRP is Ripple Labs Inc., a company that offers digital cross-border payment solutions like the decentralized RippleNet. Why is XRP surging? Over the past 24 hours, XRP has seen a significant increase. As of the time of this writing, the coin is trading at around $2.7636 apiece. That's a more than 13% gain in the last day. But why is XRP surging? Any rise or fall in any crypto is usually linked to more than one reason, but over the past few days, investors seem to be more bullish on XRP—and perhaps thanks in part to a specific event. As noted by The Coin Telegraph, on Wednesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing called 'From Wall Street to Web3: Building Tomorrow's Digital Asset Markets.' The event covered a number of topics, as noted by Bitcoin Magazine, including the regulatory environment surrounding crypto. One of the witnesses at the event was Ripple Labs' CEO Brad Garlinghouse. Since that event, XRP has steadily increased. Garlinghouse's presence at the event seems to suggest to some investors that Ripple may have a growing involvement with policymakers in Washington. If so, it may help boost the appeal of XRP, which Ripple owns a lot of. Of course, whether Ripple Labs actually has an increasing involvement with policymakers in D.C. remains to be seen—and even if they do, it doesn't mean XRP is guaranteed any kind of upward trajectory. Still, over the past five days, XRP has surged 20%. XRP jumps 500% over the past 12 months While XRP's five-day jump of 20% seems impressive, it's nothing compared to what the coin has done over the past twelve months. Since last July, XRP has surged a staggering 507%, according to data from Yahoo Finance. That's an astounding return compared to its peers. Bitcoin, for example, is up just over 105% in the same period, and Ethereum is down just over 3%.
Yahoo
05-06-2025
- Business
- Yahoo
Why I Own XRP (Ripple) as Part of a Balanced Portfolio
XRP serves as a strategic hedge against inefficiencies in global financial systems. Unlike speculative crypto plays, XRP has real utility, processing over 1 million daily transactions. This 1% position provides portfolio insurance within my conservative 3% total crypto allocation. 10 stocks we like better than XRP › As an emerging tech investor focused primarily on growth stocks and disruptive technologies, I've built most of my portfolio around companies revolutionizing artificial intelligence (AI), cloud computing, and digital transformation. However, I also maintain strategic positions in select cryptocurrencies -- not as speculative bets, but as calculated hedges against traditional financial systems. Among my crypto holdings, which include Bitcoin (CRYPTO: BTC), Cardano (CRYPTO: ADA) and Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP) stands out as my most conviction-driven position. The crypto market has matured significantly since the speculative frenzy of previous cycles. Today's landscape offers genuine utility tokens solving real-world problems, and XRP exemplifies this evolution. While my tech stocks represent investments in companies disrupting existing industries, XRP serves a different purpose entirely: It's my hedge against the inefficiencies of global finance itself. The current SWIFT system takes 18 hours and costs up to $50 per international transfer, while XRP settles in seconds for roughly $0.0002 per transaction. While the SEC lawsuit isn't fully resolved -- Judge Torres rejected a key settlement motion in May -- both parties appear to be moving toward resolution. Rumors suggest a potential settlement announcement as early as June 13, which, combined with Trump's crypto-friendly stance and potential exchange-traded fund (ETF) approval, create a unique opportunity. But I'm not chasing quick gains -- I view XRP as essential portfolio insurance that could appreciate significantly as traditional finance struggles to keep pace with our digital economy. XRP represents my bet that traditional banking infrastructure will eventually be disrupted by blockchain technology. RippleNet already processes over 1 million transactions daily, proving that financial institutions are adopting this technology at scale. While SWIFT handles $150 trillion in annual transfers with its antiquated system, XRP demonstrates that cross-border payments can settle in seconds for fractions of a penny instead of days for $30 to $50. By owning XRP, I'm positioning myself to benefit when this superior technology inevitably displaces legacy systems. If blockchain disrupts traditional payment networks the way the internet disrupted media companies, XRP could appreciate significantly as the infrastructure powering that transformation. While I own Bitcoin as a digital gold hedge, Cardano for its academic approach to blockchain development, and Dogecoin as a small speculative position, XRP fills an entirely different role. Unlike most cryptocurrencies still searching for use cases, Ripple Labs has established partnerships with financial institutions and supports over 1,500 projects on the XRP Ledger. The recent launch of Ripple's RLUSD (CRYPTO: RLUSD) stablecoin further validates this ecosystem approach, positioning XRP to capture value, as the stablecoin market is expected to grow from around $204 billion in 2024 to $3.7 trillion by 2030. This combination of real utility, institutional partnerships, and expanding use cases sets XRP apart from purely speculative crypto plays. Polymarket shows 90% odds of an XRP ETF approval this year, which Standard Chartered estimates could drive $4 billion to $8 billion in first-year inflows -- equivalent to adding a PayPal-sized buyer to the market. However, meaningful institutional adoption depends on the final SEC lawsuit resolution. The June 13 settlement rumors matter less than the eventual regulatory clarity, which would remove the last major barrier preventing institutions from adding XRP to portfolios. Until then, I view current prices as an opportunity to accumulate before broader market participation. I dollar-cost average into XRP monthly, keeping emotions out of the equation. This isn't about chasing Standard Chartered's eye-popping $12.5 price target or timing market cycles -- it's about methodically building a position in a technology I believe will become essential infrastructure. Just as I accumulated cloud computing stocks before enterprises fully embraced the technology, I'm positioning in XRP before traditional finance fully embraces blockchain settlement. Despite the compelling use case, I only maintain a 1% portfolio allocation in this cryptocurrency. As such, my XRP allocation won't make or break my financial future, but it provides exposure to a potentially massive shift in how money moves globally. If I'm wrong, I lose 1%. If I'm right about blockchain disrupting SWIFT's $150 trillion annual flow, the upside justifies the risk. That's the kind of asymmetric opportunity I seek as an emerging tech investor. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 George Budwell has positions in Bitcoin, Cardano, Dogecoin, and XRP. The Motley Fool has positions in and recommends Bitcoin, PayPal, and XRP. The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short June 2025 $77.50 calls on PayPal. The Motley Fool has a disclosure policy. Why I Own XRP (Ripple) as Part of a Balanced Portfolio was originally published by The Motley Fool Sign in to access your portfolio
Arabian Post
28-04-2025
- Business
- Arabian Post
Ripple announces no IPO plans for 2025 despite growth
Ripple has made it clear that it will not be pursuing an initial public offering in 2025, despite its strong financial position and ongoing expansion in the digital payments sector. The company, led by President Monica Long, stated that it does not require additional capital or increased visibility at this stage. Ripple's decision to forgo an IPO has sparked curiosity, particularly given the company's prominent role in the cryptocurrency and blockchain industries. Founded in 2012, Ripple's blockchain-based payment solutions have gained significant traction among financial institutions, providing faster and more efficient cross-border payment systems. However, despite this growth and increasing adoption, Ripple believes its financial strength and current business model make an IPO unnecessary at this time. Ripple's business model, which revolves around facilitating real-time, low-cost international money transfers, has been lauded for its potential to revolutionise global payments. The company's flagship product, RippleNet, has been adopted by several large financial institutions and remittance services worldwide. This widespread adoption has allowed Ripple to expand its network while maintaining a steady revenue stream, enabling the company to self-fund its operations and future developments without the need for external capital. Monica Long, who took over as Ripple's president in 2022, reinforced this position during recent statements, explaining that the company is not in a position where it must seek additional funding to fuel its growth. Long highlighted Ripple's profitability, strong balance sheet, and ability to continue expanding its operations without relying on public market funding. 'We are financially sound and focused on executing our long-term strategy,' Long said. 'An IPO is simply not a part of our plan for 2025.' The announcement comes at a time when many technology and blockchain firms have been considering IPOs to capitalise on favourable market conditions. However, Ripple's decision to stay private also reflects broader trends in the blockchain and cryptocurrency industries. Despite the rise in popularity of blockchain-based financial services and decentralised finance , many blockchain companies have opted to remain private, citing concerns over regulatory challenges and market volatility. Ripple's unique position in the industry also plays a role in its decision to remain private. Unlike other cryptocurrency companies, Ripple has faced significant legal challenges, particularly from the U.S. Securities and Exchange Commission . The SEC filed a lawsuit against Ripple Labs in December 2020, alleging that the company had conducted an unregistered securities offering through the sale of its XRP token. While the lawsuit is ongoing, Ripple has managed to continue its operations and expand its offerings, positioning itself as a leader in the global payments space. The case with the SEC has been closely watched by the broader cryptocurrency community, with many viewing it as a potential turning point for the regulation of digital assets. Should Ripple win its case, it could have significant implications for the entire crypto industry, potentially providing greater clarity on how digital assets are regulated and whether tokens like XRP are considered securities. Despite the legal hurdles, Ripple has continued to strengthen its partnerships with global financial institutions. The company has worked with major players such as Santander, American Express, and PNC to integrate Ripple's payment solutions into their operations. These partnerships, along with Ripple's expansion into new markets such as Asia and the Middle East, have been key to the company's growth and continued success. See also KuCoin Secures Thai Market Entry with Full Regulatory Backing Ripple's stance on an IPO also reflects broader changes in the IPO market itself. While some tech firms still opt to go public in order to fuel further growth, others are increasingly choosing to stay private, preferring to raise capital through private funding rounds rather than public markets. This shift is part of a broader trend in the tech industry, where companies are opting for more flexibility and control over their operations. Ripple's decision not to pursue an IPO has been met with mixed reactions in the industry. On one hand, some analysts argue that an IPO could have provided Ripple with a valuable opportunity to boost its profile and raise capital for expansion. On the other hand, others see the company's decision to stay private as a sign of financial maturity and stability. Ripple's ability to sustain its operations and continue to grow without relying on public market funding is a testament to the strength of its business model. As the cryptocurrency landscape continues to evolve, Ripple's choice to remain private will likely be watched closely by other firms in the space. The company's success or failure in the coming years will offer valuable insights into the potential benefits and drawbacks of staying private in an increasingly public-facing industry. Arabian Post – Crypto News Network
