Ripple's Acquisitions Pave Way for Significant XRP Gains

Cryptocurrency analyst SMQKE has shed light on the impressive historical returns of XRP, noting that its price increase was approximately 24 times steeper than Bitcoin's during the period between 2017 and 2018.

This remarkable growth occurred before Ripple completed any major institutional acquisitions. However, with the company having since made strategic moves worth over $3 billion to establish institutional-grade infrastructure, the stage is set for further gains in XRP.

The pundit emphasized that utility drives prices rather than news. As such, it is essential to focus on expanding XRP's use cases and increasing its adoption rate. This approach may lead to a substantial increase in value as more institutions and users take notice of the altcoin's capabilities.