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TimesTabloid 2025-02-15 17:39:58

Weiss Crypto Issues Critical Warning About XRP

Weiss Crypto, a division of the financial rating firm Weiss Ratings, has expressed skepticism regarding the future of XRP, the cryptocurrency associated with Ripple. While some investors view recent regulatory developments as a potential breakthrough for the token, Weiss Crypto argues that these changes do not automatically strengthen the token’s fundamental value or use case. A favorable regulatory shift doesn’t suddenly create a strong use case for $XRP . And limited real-world utility has been its fundamental issue since inception. https://t.co/666HPwVB2O — Weiss Crypto (@WeissCrypto) February 14, 2025 XRP ETF Proposals Gain Traction The U.S. Securities and Exchange Commission (SEC) has acknowledged multiple proposals for an XRP exchange-traded fund (ETF). This development has fueled speculation about the token’s broader acceptance in institutional markets. Analysts suggest that the likelihood of an XRP ETF approval by 2025 has risen to approximately 80% , which could mark a turning point for the cryptocurrency. Despite this optimism, Weiss Crypto remains unconvinced. The firm points out that XRP’s “limited utility” has been a persistent issue since its launch, and regulatory approval alone may not be enough to drive long-term adoption. Industry Experts Question Token’s Viability Ryan Selkis, the founder of blockchain analytics firm Messari, has also voiced doubts about XRP’s ability to regain relevance. He contends that stablecoins have already established dominance in the market, making it difficult for XRP to stage a comeback. “Stablecoins have won,” Selkis stated, emphasizing that upcoming legislation in the U.S. is expected to solidify their position. He noted that while the asset was engaged in legal battles with the SEC, the stablecoin market experienced exponential growth, leaving XRP at a disadvantage. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Importance of Utility in Crypto’s Future Amid the ongoing debate, Galaxy Digital CEO Mike Novogratz has highlighted the crucial role of narrative and utility in determining which cryptocurrencies will thrive. He acknowledges that market sentiment plays a role in shaping a cryptocurrency’s success but stresses that long-term survival depends on practical use cases. His remarks reflect a broader industry sentiment that, as digital assets grow in number, projects without real-world applications may struggle to maintain relevance. While the possibility of an XRP ETF has generated excitement, industry experts remain divided on the token’s future. Regulatory progress could enhance its credibility, but concerns about its long-term viability persist. As competition intensifies, particularly from stablecoins and other blockchain solutions, the token’s ability to establish a distinct and valuable use case will determine its success. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Weiss Crypto Issues Critical Warning About XRP appeared first on Times Tabloid .

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