8½ Weeks of Ripple Rally: Will There Be a Sequel?
As I told you two months ago, Ripple was going to greatly outperform Bitcoin dynamics, remaining a reliable investment option. The short-term benefits from Ripple are amazing, as the third most important crypto token first "took the Bastille" of $3.00 on July 14, and then hit a $3.5444 new historical high only three days later, when it gained about 16% within just twenty-four hours. The growth continues even as I write this text.
Trump's World Liberty Financial crypto fund is accelerating like lamps seen from an express train, representing billions and billions of dollars on paper. The project will provide enormous inflows into most usable tokens. Bitcoin scaled a record peaking price above $123,000, which is 14% above the post-election peaks of December 2024, but it has added less than 10% since mid-May, but Ripple is now up over 50% from the prices where I was actively buying it only 8,5 weeks ago. Someone can grab their profits here if they want. As for me, I will wait at least until a $5.50 target by Standard Chartered bank for the rest of 2025, which also mentioned a possible reach of as high as $8.00 in 2026. It is to double the capital even from current prices, it turns out, if one believes these estimates.
Trump and his close circle urged congressmen to make regulatory rules in favour of the crypto industry. There is a rising promise that the so-called stablecoin bills, which are the GENIUS Act and the Digital Asset Market CLARITY Act, will be passed before the weekend. The legislation initially failed in a House vote this Tuesday but is now expected to advance very soon. House Financial Services Committee chair French Hill told CNBC in an interview they have the necessary votes, so that there is strong bipartisan support for the bill. Again, there is the third bill to block the federal government from creating a central bank digital currency (CBDC) through the Federal Reserve unless it’s done with a specific authorization through Congress.
The crypto environment, and especially some selected coins, could simply thrive under such conditions, being replenished not only by exchange-traded funds, but also for the purpose of creating national reserves. If this is done in the US, then soon some other jurisdictions will follow, it is only a matter of time. If the world has recently cast aside all doubts about Bitcoin, then now confidence in some other altcoins will grow as well. It’s high time to switch to other solid and popular altcoins after such a strong bullish run in Bitcoin and Ethereum, and Ripple could be the best idea.
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