Renowned crypto influencer Ben Armstrong confidently declares that XRP is “the best coin.”

His in-depth analysis explores XRP’s performance, utility, and speculative prospects.

How XRP performed in previous bull markets:

Despite facing challenges from the SEC during the previous bull run, XRP emerged as the second-best performing coin in 2017, gaining over 44,000%. Armstrong believes that regulatory hurdles are a key factor in Ripple’s failure to reach all-time highs.

Fundamentals Driving XRP’s Growth:

The key to XRP’s expected rally is its adoption in the banking system. Many banks, financial institutions and payment systems already support XRP. The collaboration between Onafriq and Ripple aims to facilitate digital asset-enabled cross-border payments between Africa and new markets.

Legal Victory and Increased Confidence:

Ripple’s partial victory against the SEC has instilled confidence in XRP’s potential to be used by U.S. banks for cross-border transactions. The team is optimistic about wider adoption in the banking industry.

Speculation on the value of XRP:

Armstrong believes XRP’s utility will drive its value, with speculative estimates from the crypto community estimating its potential value could reach $10,000 per coin. The analysis covers aspects such as team, marketing, graphics, community, token economics, technology, and decentralization.

2024-2025 Bull Market Forecast:

Considering XRP’s performance in various aspects, Armstrong predicts that it will be one of the best-performing cryptocurrencies in the coming 2024-2025 bull run. #xrp