Founder's Club
For Founding Members
I wanted to give you all a peek inside what some of the information included is for the Founder’s Club Member level subscribers of my work. Some of that includes a monthly ZOOM call, a recap monthly newsletter and weekly emails. I am posting this for all readers, however, in 7 days this will return to being only available to Founder’s Club members.
For a recap of XRP over the past week and month this post includes trading volume, whale trading, global regulatory compliance, RLUSD, ETF’s and institutional investment.
Summary details of XRP over the past week and month:
XRP is making moves! Over the past week and month, XRP has demonstrated a significant uptick in trading volume, buoyed by heightened participation from both retail and institutional investors. Prominent whale trading activity reflects bullish confidence in XRP’s future, particularly in light of favorable regulatory decisions that bolster its status as a compliant digital asset. The introduction of RLUSD, Ripple’s new stablecoin initiative, enhances the utility of XRP in cross-border transactions, creating a seamless connection in global payments. Additionally, growing institutional interest and discussions around XRP’s inclusion in Exchange-Traded Funds (ETFs) solidify its standing as a dependable asset in the evolving crypto market.
Specific points include:
Trading Volume Surge: XRP's trading volume has surged in recent weeks, surpassing several billion dollars daily as more investors engage with the asset.
Whale Trading Dynamics: Large holders have shown increased accumulation of XRP, with many wallets containing over one million tokens actively reshuffling their assets to capitalize on bullish market sentiment.
Global Regulatory Compliance: Recent rulings have confirmed XRP's status as a digital asset rather than a security, improving its legitimacy and reducing compliance concerns for Ripple and its operations.
Introduction of RLUSD: The launch of RLUSD, a fully backed stablecoin by Ripple, is aimed at facilitating efficient cross-border payments while providing stability and reliability for institutional clients.
ETF Developments and Institutional Investment: Increasing discussions around ETFs involving XRP reflect a growing demand among institutional investors to include digital assets in their portfolios, aiding XRP’s acceptance in mainstream finance.
Broader Market Trends: Increased interest in digital assets and the necessity for compliant stablecoins are setting the stage for XRP to capture more of the market share, especially as the financial landscape evolves.
The overall trading volume has surged dramatically. The recent spike in XRP's trading volume is indicative of a broader revival in interest among traders. Reports show that over the past week, XRP consistently ranked among the top cryptocurrencies, even eclipsing Bitcoin and Ethereum on certain platforms. The daily trading volume often reached figures exceeding $3 billion, reflecting not only retailer engagement but also significant institutional participation driven by renewed interest in the asset's potential.
Recent data indicates that whale accounts—wallets holding over one million XRP—have actively participated in accumulation, signaling strong confidence in the token's future. For instance, during the last month, these whales collectively accrued over 200 million XRP, moving tokens in anticipation of price increases as regulatory news and market demands favor compliance-minded projects. Meanwhile, smaller holders have exhibited mixed behaviors; some have repositioned their assets amid fluctuating market conditions, while others have seized the opportunity to capitalize on price movements.
The global regulatory compliance of XRP makes this digital asset different than any other crypto. The regulatory landscape for cryptocurrency has been riddled with uncertainty, but XRP's recent legal victories have solidified its standing. A pivotal court ruling determined that XRP should not be classified as a security, effectively aligning Ripple's operations more favorably with existing regulations. This decision mitigates fears related to future regulatory actions and instills greater confidence among institutional investors, fostering an environment ripe for crypto adoption.
The launch of RLUSD marks a key strategic initiative for Ripple. By providing a fully backed stablecoin, Ripple addresses the inherent volatility often associated with digital currencies, targeting customers who require reliability in their transactions, especially banks and financial institutions. RLUSD's backing by US dollar deposits and other secure assets positions it as a trustworthy choice for cross-border payments. As this stablecoin becomes entrenched within the XRP ecosystem, it is likely to streamline financial operations and reduce transaction costs, making XRP more appealing to institutional clients.
The ETF developments and institutional investment for XRP is growing quickly. Blackrock, Grayscale and many others have announce and/or filed for XRP ETF’s. Blackrock has also announce its intention to invest $9T into the XRP Ledge blockchain in the near future. This number dwarfs the amount of investment that MicroStrategy, BlackRock or anyone combined has placed into Bitcoin. The conversation around XRP’s potential inclusion in Exchange-Traded Funds (ETFs) has escalated as institutions seek reliable assets for diversification. In recent months, major financial entities have ramped up their engagement with XRP, viewing it as a viable alternative to traditional assets. The potential for ETFs to include XRP not only legitimizes the asset but also broadens its exposure, potentially attracting more investors from non-crypto markets.
The increasing necessity for compliant, stable digital assets is creating a fertile environment for XRP. The new ISO 20022 standard goes into effect globally on January 1, 2025. This will create major moves for those digital assets that are compliant with that new standard. XRP is, while Bitcoin or Ethereum are not. What true effects from that alone will be noticed fairly soon. As traditional financial institutions shift toward adopting blockchain technologies, projects that emphasize compliance and stability are positioned for growth. Ripple's proactive approach to regulation and robust partnerships suggest that XRP could become a foundational component in the future of global trade and cross-border transactions.
In essence, the past week and month have proven to be transformative periods for XRP, characterized by soaring trading volumes, strategic whale accumulation, solidifying regulatory compliance, and the promising introduction of RLUSD. As interest from institutional investors grows and discussions about ETFs gain momentum, XRP is uniquely poised to leverage its advantages and emerge as a staple in the digital economy. With each advancement, XRP reaffirms its role as a formidable player, shaping the future of global financial transactions in an increasingly digital world.
If you are interested in knowing more about my background, and see inside how I do my research, read my critically acclaimed book “Quantum of Justice - The Fraud of Foreclosure and the Illegal Securitization of Notes by Wall Street”.
