So, Ripple just bought Hidden Road for a cool $1.25 billion. And what does that mean? Apparently, a tidal wave of demand for XRP and Ripple USD (RLUSD) stablecoin is on the horizon. Experts say it’s going to be big. Like, really big.
On April 8, Ripple decided to throw some serious cash at Hidden Road, a global prime brokerage platform, in a bid to flex its financial muscles. And you know what that means – growth. Monumental growth. In the financial services sector. Who saw that coming? Oh, wait… everyone.
How Will Ripple’s Hidden Road Acquisition Impact XRP Demand? (Spoiler: A Lot)
Jake Claver, Managing Director of Digital Ascension Group, took to X (formerly Twitter) to explain just how massive Hidden Road’s operations are. He pointed out that this firm processes over $10 billion in daily transactions. Yes, billion. More than many blockchains handle in a month. So, Ripple is clearly stepping into the big leagues now. Cue dramatic music.
And now that Ripple owns this gem, all those transactions will be processed on the XRP Ledger (XRPL). Hold onto your hats, because this is going to be fun. And if you’re wondering why that matters: well, let’s just say that prominent financial institutions are getting cozy with XRPL’s original design – a decentralized, efficient system built for seamless transactions. Imagine the possibilities!
“What happens when just a fraction of that $10 billion daily volume starts settling through XRP? Demand skyrockets. These aren’t retail traders—these are hedge funds and market makers who need XRP to power their operations. And they’ll be buying lots of it,” Claver mused. Oh yes, they will.
But wait, there’s more! Claver also explained that Hidden Road is bringing RLUSD into the fold. This little stablecoin is now the first one to enable cross-margining between digital and traditional markets. In case you missed that, it means using XRP for quick settlements and RLUSD for steady collateral. Smooth, right?
“Ripple’s acquisition of Hidden Road is a fundamental shift in XRP and RLUSD’s position in global finance. Increased utility, institutional demand, and improved liquidity create the perfect storm for long-term value growth,” Claver added. Sounds like a recipe for success to us. 🏆
Dom Kwok, co-founder of EasyA, also chimed in with his two cents. He thinks this move is massive for XRP and RLUSD adoption. And considering his track record, we should probably listen.
“I’ve tracked tons of deals in the crypto space, but Ripple’s acquisition of Hidden Road is without a doubt one of the most important deals for crypto,” Kwok boldly claimed. We believe him. Sort of. 😏
Nic Puckrin, the founder of The Coin Bureau, didn’t hold back either. He pointed out that this acquisition might just be the rocket fuel XRP needs. Why? Because it’s partially financed by XRP itself, along with cash and stock. Oh, and did we mention that Hidden Road is migrating to the XRP Ledger (XRPL)? You can see where this is going, right?
“It’s also notable that this acquisition is in part financed by XRP, along with cash and stock, while Hidden Road will migrate its post-trade activity to the XRP Ledger (XRPL) – Ripple’s native blockchain. This has the potential to drive demand for XRPL and is potentially good news for XRP’s price trajectory, which has struggled with performance despite the recent SEC win as tariff news decimated the altcoin market,” Puckrin mused. Oh, XRP, the drama never ends. 😬
Now, let’s be real. XRP’s price is still in the dumps, thanks to the broader market crash. Over the past day, it’s dropped 2.9%. As of writing, it’s trading at $1.8. Whoop-de-doo.
But hold your horses, folks! An analyst who obviously has a lot of faith in Ripple’s long-term plan is advising everyone to stay calm. This person is convinced Ripple is quietly laying the groundwork for the “Internet of Value.” Think of it as a grand scheme to overthrow the old, stuffy financial systems. And we’re just getting the crumbs for now. Delicious, crumby breadcrumbs.
“XRP’s price isn’t reflecting the bullish news right now, and that’s not a glitch. It’s a reminder. A reminder that price isn’t the mission. Understanding the tech is,” the analyst said. So, forget the price for a minute. Focus on the long game, folks.
The analyst emphasized that Ripple’s strategic moves, including the RLUSD launch, are more than just hype. It’s all part of a master plan to rebuild the global financial infrastructure. So, keep your eyes on the prize, people. 💰
“Yet the price remains quiet. Because until they flip the switch. Until the new system is fully in place. We’re just being handed breadcrumbs, enough for those with eyes to see,” the analyst cryptically added. 🕵️♂️
They’re urging investors not to panic if XRP’s price dips. Instead, take a deep breath and think long-term. After all, those who stack, learn, and hold the line will eventually be ahead of the curve. History is made by the brave, after all.
And get this: despite all the recent chaos, XRP is actually seeing a surge in small investor interest. According to Glassnode, addresses holding 1 XRP or more have hit an all-time high of 6.2 million. Yep, you read that right. It seems the little guys are starting to believe in XRP’s big future. Go team!
So, while the market may be in turmoil, XRP’s long-term potential is looking brighter than ever. Maybe the future isn’t all doom and gloom after all.
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2025-04-09 14:52