In the face of the changing regulatory landscape in the US, XRP has reawakened from the SEC’s crackdown, to the point where it exploded following the Trump victory.
While the increasing interest in XRP attracts attention, Grayscale, one of the largest companies in the world, made a new statement for XRP.
Sharing from the X account, Grayscale listed XRP as a store of value along with two other cryptocurrencies.
Accordingly, XRP, the third largest cryptocurrency by market value, was included in a special list prepared by Graysacle.
At this point, Grayscale has listed the three cryptocurrencies that serve best as a medium of exchange, store of value, and peer-to-peer transactions in the crypto industry, and XRP is also on this list.
Apart from XRP, Bitcoin (BTC) and Litecoin (LTC) were also on this list, with Grayscale stating that XRP's limited supply, censorship resistance and usefulness for instant global transfers came to the fore.
https://twitter.com/Grayscale/status/1876311461901021339
Experts stated that XRP's inclusion on this list is an important step.
Grayscale launched the first US XRP trust last month. It was reported that this move by Grayscale potentially paves the way for a spot XRP ETF.
Apart from Grayscale, data platform Artemis also announced that it accepts XRP as a store of value.
As interest in XRP continues to grow, asset managers such as WisdomTree, Bitwise, 21 Shares, and Canary Capital have filed for a spot XRP ETF, citing strong demand for XRP from traditional investors.
*This is not investment advice.
