Ripple's Acquisitions Drive Up XRP's Potential

Crypto analyst SMQKE has pointed out the importance of Ripple's recent acquisitions in driving up the price of XRP. The pundit noted that these significant deals have strengthened the altcoin's fundamentals, which could lead to more substantial gains for investors.

SMQKE highlighted that Ripple has made several strategic purchases since 2017, including Metaco for $250 million and Standard Custody in 2024. These acquisitions have provided XRP with a robust infrastructure, enabling it to record higher price returns compared to other cryptocurrencies like Bitcoin and Ethereum.

The crypto expert emphasized the significance of utility and adoption in driving prices, rather than news alone. He mentioned that former Ripple executive Marcus Treacher's statement on XRP being a long-term play for the future further supports this perspective. As Ripple continues to build its infrastructure with XRP, SMQKE expects the altcoin to experience significant price growth.