SBI Global Asset Management’s CEO, Tomoya Asakura, thinks XRP is more than just another cryptocurrency; he sees it as a major player in a huge global wealth shift.
XRP: The Next Big Thing?
Asakura made a big statement on X (formerly Twitter), calling XRP the biggest wealth transfer opportunity of our time. He believes traditional markets are struggling with tariffs and economic uncertainty, pushing investors towards alternatives like crypto and gold. XRP, he says, is leading the charge.
He points to XRP’s market cap exceeding 25 trillion yen ($172.6 billion) as a sign of this shift. He emphasizes that XRP’s speed and low cost for international payments are key. Unlike some other cryptos, XRP has real-world applications.
Ripple’s Role and Institutional Adoption
Asakura highlights Ripple’s global payment network, which is being adopted by more and more banks and financial institutions. This growing institutional interest is a big reason why he believes XRP’s value will continue to rise. He sees XRP not as a niche player, but as a core part of a digital financial revolution.
XRP’s Price is Climbing
XRP’s price is also looking good. It’s nearing $3 again. Analyst Shawn Mark sees strong momentum building, potentially leading to a new bull market. He points to a chart breakout and suggests that if XRP breaks through a key resistance level, it could even hit its all-time high above $3.40.