HomeCrypto NewsMarketXRP Holders Deserve Prosperity As They Are On Right Side of History: Pundit

XRP Holders Deserve Prosperity As They Are On Right Side of History: Pundit

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A prominent XRP community pundit has suggested that XRP holders deserve prosperity due to their well-known ability to “speak the truth.”

Edoardo Farina, Alpha Lions Academy founder and XRPHealthcare’s Head of Social Adoption, made this claim in a recent post on the back of the latest developments surrounding the XRP and Ripple ecosystems.

Farina: “We Deserve Prosperity”

According to Farina, XRP community members who have been vocal about several issues have been proven right over and over again. Farina emphasized that despite the facts pointing in the opposite direction, XRP proponents have always had the courage to speak up, and more often than not, the market proves them right.

He called attention to the lingering SEC lawsuit, which began in December 2020, and XRP’s range-bound price action around $0.5. The community pundit stressed that these events lasted for what felt like an eternity, still, the community persevered in its resolve.

Farina insists that XRP proponents were on the right side of history. As a result, he suggested that they all deserve prosperity. For context, the community has always been vocal about certain events, even when the rest of the crypto space says the opposite.

Cases Where XRP Proponents Spoke “The Truth”

Notably, the latest of these events happened when Ripple officially applied to procure a U.S. banking license. According to CEO Brad Garlinghouse’s announcement, the firm, through its subsidiary Standard Custody, also applied for a Fed master account for RLUSD.

Interestingly, before now, some XRP community commentators had championed the narrative that Ripple was on a mission to disrupt the entire financial system, and this would require them to operate like a bank. 

Just last month, The Crypto Basic reported that US politician Greg Kidd was pushing for a regulation that would allow firms like Ripple to procure a U.S. banking license. The report confirmed that Ripple was already making inroads within the banking scene. However, at the time, a banking license seemed far-fetched. 

In addition to the banking license discussions, the XRP community also made comments on the Ripple vs. SEC case. Specifically, proponents insisted that XRP was not a security, and in July 2023, Judge Analisa Torres ruled accordingly. XRP pundits also projected that the case could end favorably for XRP, and this is also on the verge of materializing.

Moreover, while XRP struggled at the $0.5 to $0.6 price level for years, XRP proponents remained optimistic. Notably, at this price, XRP was largely underperforming for years while the rest of the market made strides. Interestingly, in November 2024, a breakout occurred, as predicted by the community, with XRP currently sitting above $2.

Now, the community has remained vocal about certain other events, which at this moment seem unrealistic. For one, they see a future where XRP captures a portion of SWIFT’s daily volume. In addition, some pundits have suggested that the XRPL could be a go-to platform for tokenization. Also, some believe XRP will soon surge to a two-digit price. Currently, these visions seem extremely audacious.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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