- Wall Street analyst Linda Jones compares Ripple’s current situation to that of Warren Buffet’s Berkshire Hathaway in its formative years – today it has a market capitalization well over a trillion dollars.
- Jones says XRP will also have long-term success because of its role in international payments, and investors who hold on to shares despite initial undervaluation will see significant returns.
In a commentary, Wall Street analyst Linda Jones made a bold comparison between Ripple and Berkshire Hathaway in their early growth phases. In a series of tweets, Jones urged XRP investors to hold on to their assets, arguing that XRP’s potential far exceeds that of ordinary cryptocurrencies.
Jones highlighted the unique position of XRP, which Ripple primarily uses for cross-border payment solutions. She stated emphatically:
“XRP is not a memecoin; XRP is not an ordinary cryptocurrency.
She highlighted its practical use and value in the financial system. This statement comes against the backdrop of fluctuations and volatility that have characterized XRP’s trajectory over the years, primarily due to the landmark litigation against the SEC over XRP’s status and the negative sentiment it has created in the market.
Your comparison with Berkshire Hathaway is particularly worth noting. Jones warned investors that selling XRP at this time would be akin to selling shares of the investment giant in its early days, before realizing its true potential in the market. She says:
“All you need to have now is patience”
What XRP investors can learn from Berkshire Hathaway’s early days
The journey of Berkshire Hathaway began with two textile companies in Massachusetts, the Hathaway Manufacturing Company and the Berkshire Cotton Manufacturing Company, both founded in the late 1800s. Under the leadership of Warren Buffett, Berkshire Hathaway developed into one of the most successful investment companies in economic history. Their strategy focused on diversification through strategic acquisitions of established, undervalued companies such as Dairy Queen, Duracell, Business Wire and Fruit of the Loom. This disciplined approach allowed Berkshire to cement its reputation as a “turbo investor” and record consistent growth from $81,663 in revenue in 2005 to an astounding $364,482 in 2023.
-Similarly, Ripple has become a major player in the cryptocurrency space since its founding in 2012, closely followed by Bitcoin and Ethereum. Although underrated by many investors, Ripple’s platform is designed for cross-border payments and its native cryptocurrency XRP is very promising. For example, an investment of $100 in XRP in January 2017 would have yielded 15,634.77 tokens, worth approximately $41,904.32 today. This remarkable growth reflects Ripple’s potential in the financial sector.
Ripple has strategically strengthened its capabilities in the digital assets space through significant acquisitions and partnerships in recent years. In 2024 the company acquired the Standard Custody & Trust Companyto improve custody solutions for financial institutions. This followed the May 2023 purchase of the Swiss company Metaco for $250 million and the acquisition of Fortress Trust.
Additionally, Ripple has entered into key partnerships to strengthen its payment solutions, particularly in Latin America. The collaboration with Bitcoin Market facilitates international payments in Brazil, while a partnership with Travelex Bank promotes the adoption of Ripple’s on-demand liquidity system for faster transactions. Major banks such as Santander, BBVA, Unicredit and CBW Bank have also partnered with Ripple.
Essentially, Jones’ insights serve as a reminder that, similar to traditional investing, the crypto market often requires a long-term perspective to fully appreciate the underlying value of emerging assets like XRP.
Market conditions for XRP are becoming increasingly favorable, especially with a cryptocurrency proponent set to become the 47th President of the United States, the resignation of SEC Chairman Gary Gensler, and the introduction of crypto-friendly regulations. Given these developments, now is an excellent time to invest in XRP. The token,the one currentlytrading at $2.73, has seen a remarkable increase of 450% in the last month and 90.32% in the last week. This increase indicates a potential rebound and increasing investor confidence.
