$XRP

$XRP

XRP is leading the Trump bull run. But can it really sustain it?

The rally could extend to $3.50. However, the bears are trading at $2.91, and they are ready to fight tooth and nail to prevent the price from rising.

XRP’s secret sauce may be its unique consensus mechanism. Unlike Bitcoin’s energy-intensive proof-of-work or Ethereum’s proof-of-stake, XRP uses a cheaper, more efficient method.

Hogan points to this as a fundamental strength, saying it’s the reason XRP has survived boom-and-bust cycles that would have buried less resilient projects. “This technology works and it works at a low base cost,” he said.

The problem? XRP’s real-world use hasn’t taken off as its proponents had hoped. Critics argue that Ripple’s focus on business-to-business solutions puts it in a strange position, especially when regulators have a sword hanging over its head.