- The rise in XRP price in the past indicates possible future profits for investors.
- The growth of XRP’s DeFi ecosystem supports long-term optimism.
Black Swan Capitalist co-founder Vandell Aljarrah argues that an early investor in XRP would have profited millions when it reached its all-time high (ATH).
As XRP is currently in a low position, Vandell sees a similar opportunity for investors going forward. He believes there is a good chance that XRP will recover its losses with the looming bull market in 2025.
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Chance to make profits on XRP for investors
In January 2016, Vandell calculated that if someone had bought $5,000 worth of XRP at $0.0065 per coin and sold it at its ATH of about $3.84 in January 2018, their initial investment would have increased to $2.9 million dollars, which represents a profitability of 58,976% in just two years.
Right now, $5,000 invested in XRP at $0.4871 would get you about 10,263 coins. Your investment could rise to around $39,410, generating a significant return, if XRP hits its ATH of $3.84 once again during the anticipated bull run in 2025.
In his tweet, Vandell emphasizes the enormous profit potential that has existed in the crypto industry and urges investors to consider possible future profits.
This forward-looking view, meanwhile, has investors thinking about how XRP will fare in the long term and how the Ripple ecosystem will continue to grow, influencing the direction of digital banking.
Optimism amidst challenges
Despite the continued difficulties facing Ripple, Vandell is optimistic about the future of XRP. What sets it apart is the continued expansion of the XRP Ledger’s DeFi ecosystem.
Since Automated Market Maker (AMM) capability was integrated into the network in March, several AMM pools have emerged, driving Total Value Locked (TVL) above 15 million XRP. In the future, Ripple plans to launch an EVM sidechain and a native lending protocol for XRPL.
Meanwhile, CoinGeckodata shows that the price of XRP at the time of writing is $0.4871a 1.70% less in the last 24 hours, but 2.14% more in the last week.
Previously, CNF reported on the bullish outlook of a well-known analyst who believes that the XRP price is about to reach crucial support before rising once again.
