XRP could be gearing up for a major resurgence, according to prominent crypto media figure John Squire. Despite recent stagnation in price action, Squire maintains that XRP is far from irrelevant—in fact, he insists it’s “loading” for a potential game-changing surge.
In a compelling thread on X (formerly Twitter), Squire argued that XRP remains one of the most undervalued and misunderstood digital assets in the market. He believes that the majority of investors are unprepared for XRP’s long-term trajectory, referring to it as a “sleeping giant” getting ready to awaken.
Squire began by distinguishing XRP from newer cryptocurrencies that have gained attention solely through hype or speculative trends. Unlike many projects chasing short-lived enthusiasm, Ripple—the company behind XRP—has spent the past decade quietly developing a global payments infrastructure supported by real-world partnerships.
According to Squire, Ripple Payments now operates across more than 55 countries and has forged alliances with over 350 financial institutions, including major players like SBI Holdings in Japan and the fintech firm Tranglo. He emphasized that this isn’t just theoretical groundwork—Ripple’s payment rails are already operational, laying a strong foundation for global adoption.
Surviving the SEC: XRP’s Legal Fortitude
A major focal point of Squire’s analysis is XRP’s resilience throughout its prolonged legal battle with the U.S. Securities and Exchange Commission (SEC), which began in December 2020. Despite the weight of regulatory scrutiny, XRP secured a partial victory in July 2023. A final resolution is expected soon, and investors widely anticipate that its conclusion could unlock institutional adoption at scale.
Squire calls this the moment when the “institutional floodgates” may open, potentially driving significant upward momentum in XRP’s valuation.
Signals of Growing Institutional Interest
Squire pointed to key developments that suggest increasing confidence in XRP from traditional finance sectors. Notably, the Chicago Mercantile Exchange (CME) plans to launch XRP futures in May 2025. This follows Coinbase’s earlier rollout of similar XRP instruments just last month.
For Squire, this trend is a clear indication of growing interest from traditional financial players who are slowly—but surely—stepping into the XRP ecosystem. He also referenced ongoing rumors regarding a potential XRP trust product from BlackRock, which could pave the way for the long-anticipated XRP ETF. Rather than grassroots investor excitement, he interprets this as an early-stage move by Wall Street to establish a firm position.
Aiming at the Trillion-Dollar Payments Sector
XRP’s deeper alignment with global finance is also evident through its strategic target: cross-border payments. The market for these transactions is valued at over $150 trillion annually, and Ripple has forecasted that this could double to $300 trillion by the end of the decade, as noted in a recent projection.
Countries like Japan, Singapore, and the UAE are already leveraging Ripple’s technology, demonstrating its utility in real-world financial environments. Squire highlighted that prominent institutions—such as Bank of America, Standard Chartered, and American Express—are reportedly linked to Ripple’s networks, signaling XRP’s embedded role in high-level finance.
Muted Price Action May Be Strategic
One recurring criticism XRP faces is its underwhelming price movement, especially compared to more volatile assets. However, Squire contends that this subdued price behavior is no accident. He believes that the current price levels serve a strategic purpose, allowing major investors to accumulate quietly while mainstream attention remains focused elsewhere. Supporting his thesis, he cited on-chain metrics revealing increasing trading volume and a cooling RSI—conditions that may signal a buildup to a breakout.
Market Apathy as a Bullish Signal
Squire concluded by noting that the current skepticism surrounding XRP might actually be one of its strongest indicators for future success. He believes that widespread dismissal of the asset is creating fertile ground for a surprise surge. In his assessment, XRP has weathered regulatory storms, deepened ties with financial institutions, and maintained a global presence—making it uniquely qualified to capture the next wave of crypto adoption.
Summing up, Squire argues that while the broader market remains preoccupied with speculative tokens and short-term trends, XRP is quietly preparing for its moment. And when it comes, he suggests, “the whole game changes.”
