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XRP News: Can Ripple Replace Banks Worldwide?

Published by
Debashree Patra and Qadir AK

XRP has once again become a lightning rod for debate in the crypto community, this time sparked by a viral post from Riccardo Spagni, the former lead developer of Monero. Spagni revealed that a close friend, long skeptical of crypto, suddenly wanted to buy XRP, convinced that banks will be gone in less than two years. The bold claim has reignited old tensions between XRP supporters and critics, fueling what many are calling a new “crypto culture war.”

Ripple’s NLP-Driven Narrative Boosts XRP Momentum

The timing of Spagni’s revelation is notable. Ripple has been riding a wave of favorable developments, especially after the SEC dropped its long-running lawsuit against the company. President Donald Trump also surprised markets when he named XRP as a potential part of the U.S. digital asset stockpile. 

These milestones, combined with Ripple’s push to position XRP as a global bridge currency, have boosted investor confidence. The token’s price tells the story, soaring from under $1 in late 2024 to over $3.60 by mid-2025, before settling lower but still standing among the year’s top performers.

XRP Faces Mixed Reactions from Crypto Community

While Spagni’s post generated excitement among XRP holders, it also brought harsh criticism. Some users mocked the idea that XRP could replace banks, calling it unrealistic and poorly understood. One critic dismissed the notion entirely, arguing that giving such power to a private company like Ripple creates a “single point of failure,” something contrary to blockchain’s open and decentralized principles.

On the flip side, On-chain analyst Ali Martinez sounded the alarm on XRP, noting that the token has just slipped below its $3 support. The on-chain analyst warned that this breakdown could open the door for deeper losses, with XRP potentially retracing to $2.60 or even as low as $2 if bearish pressure continues.

Still, many analysts and pro-XRP voices on X continue to forecast higher prices, with some eyeing $4 by year-end. For many new investors, including Spagni’s friend, the optimism surrounding XRP’s potential has overshadowed these warnings.

Ripple’s Marketing Strategy Keeps XRP in the Spotlight

Even XRP’s harshest detractors concede that Ripple’s marketing strategy is powerful. Social media engagement around XRP remains among the highest in crypto, consistently drawing newcomers into the ecosystem. Critics argue, however, that this popularity is fueled by what they call “misinformation campaigns” about banks collapsing or XRP’s role as a true bridge currency. 

One user, Fish Catfish, went so far as to accuse Ripple of funding narratives that inflate its market value, questioning why investigative journalists have not probed deeper into the issue.

FAQs

Can XRP really replace banks?

No. XRP may aid payments, but replacing banks entirely is unlikely in the near term.

What is Ripple’s strategy for XRP?

Ripple markets XRP as a global bridge currency with strong social media engagement.

What is the XRP price prediction for 2025?

Analysts predict XRP could reach $5.05 by end of 2025, fueled by ETF approvals, Ripple’s banking license application, and resolution of SEC lawsuit.

Debashree Patra and Qadir AK

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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