Riccardo Spagni, former Monero lead developer, revealed that a longtime crypto skeptic friend suddenly wanted to buy XRP, convinced traditional banks would soon vanish. The post went viral, sparking a new wave of arguments between XRP believers and critics.
The timing is key: Ripple has enjoyed a string of wins this year, including the SEC dropping its lawsuit and President Donald Trump naming XRP as a potential U.S. reserve asset. These developments, alongside Ripple’s positioning of XRP as a global settlement currency, helped push the token from under $1 in late 2024 to a high above $3.60 by mid-2025.
Despite optimism, XRP has slipped below $3 support, according to on-chain analyst Ali Martinez. He warned the drop could lead to deeper corrections, with possible downside targets at $2.60 or even $2 if selling pressure continues.
Still, bullish voices remain loud. Many pro-XRP analysts see a return to $4 by year-end, noting strong social sentiment and continued inflows.
Ripple’s aggressive marketing has kept XRP in the spotlight, with social media engagement consistently among the highest in crypto. Supporters say this fuels adoption, while critics accuse Ripple of pushing exaggerated narratives about collapsing banks and XRP’s role as the backbone of global finance.
Some skeptics, including outspoken users online, have even suggested Ripple funds campaigns to inflate XRP’s reputation — a claim the company has never addressed directly.
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