Discover what’s driving XRP’s rally and the one altcoin – Best Wallet Token ($BEST) – experts say could deliver a massive 10x return.
Ripple’s XRP is currently the third-largest cryptocurrency in the world (with a market cap of over $177 billion), only behind Bitcoin and Ethereum.
So naturally, it’s one of the hottest topics of conversation right now, given all the chatter about a full-blown altcoin boom fueled by a potential Federal Reserve rate cut in September.
But don’t mistake $XRP for just another crypto token that might rise solely due to the larger market’s momentum. It’s much more sophisticated than that.
In fact, the token is up more than 7% since the beginning of this month, which is better than $BTC and $ETH combined.
So what’s driving XRP’s growth? A solid technical setup? Strong fundamental tailwinds? Both? Keep reading to discover more.
And as a bonus, we’ll also point you toward one specific altcoin – Best Wallet Token ($BEST) – that you can buy right now to capitalize on XRP’s momentum.
Top Reasons Investors Are Bullish on XRP
The latest pro-XRP development is that Ripple is expanding its partnership with BAVA, a major Spanish bank.
Thanks to Ripple’s cutting-edge custody technology, BAVA can now offer digital asset custody services to its retail clients in Spain – under the EU’s new MiCA regulatory framework.
Ripple’s Managing Director, Cassie Craddock, took to X to say that the company’s latest collaboration with BAVA is ‘another clear signal that the world’s largest banks are now embracing digital assets.’
And with Ripple’s security and compliance getting such a strong sign of approval, it’s easy to connect the dots and conclude that $XRP, too, will gain more legitimacy in the eyes of serious investors.
Regarding legitimacy, the recent conclusion of the SEC’s long-standing case against Ripple, which resulted in the court ruling that XRP itself is not a security when sold on exchanges, has also removed a major obstacle for the token to rally higher.
Last but not least, the growing likelihood of an XRP ETF approval this year is unarguably one of the biggest reasons investors and analysts, including the Frankfurt Stock Exchange in Germany, are so bullish on the token.
According to prediction market Polymarket, there’s now a 92% chance the SEC will greenlight an XRP ETF in 2025.
XRP Technical Analysis
On the charts, $XRP has just broken out of a descending triangle pattern that had been in place ever since the token hit its all-time high of $3.6614 back in July.
According to classic technical analysis, such a breakout typically triggers a strong rally that could not only take $XRP back to its previous ATH but potentially push it even higher.
In fact, as per @RippleXrpie – a prominent crypto/XRP voice with 423K+ X followers – this latest breakout could send $XRP absolutely flying, making ‘$8-$10 closer than we think!’
Here’s the kicker: with $XRP destined for huge gains, the spotlight is now shifting to utility-backed low-cap altcoins that could ride the wave – and potentially deliver even bigger returns.
One such token is Best Wallet Token ($BEST), the heart and soul of Best Wallet, a new crypto wallet aiming to capture over 40% of the entire non-custodial crypto wallet market by 2027.
Is this goal ambitious? Yes. But one look at what Best Wallet offers – a unique blend of strong security and great ease of use – and suddenly the target seems very achievable.
Best Wallet Offers Self-Custody & Robust Safeguards
The star of the show when it comes to security is Best Wallet’s non-custodial nature.
This simply means that no one except you gets access to your wallet’s private keys, which drastically minimizes the chances of bad actors snooping on your funds.
Moreover, Best Wallet comes packed with key safeguards to protect you from common on-chain threats, including hacks, scams, and phishing websites.
By pairing cutting-edge Fireblocks MPC encryption with multi-factor authentication, including biometric login, Best Wallet stands out as one of the most secure crypto wallets available today.
Best Wallet’s Presale Aggregator Redefines Usability in the Wallet Space
Without downplaying Best Wallet‘s top-notch security, both experts and users believe its standout feature is the Presale Aggregator section.
As the name suggests, you can buy the best crypto presales directly within the app. Why’s this such a big deal? Because:
- It saves you time you’d otherwise spend visiting an external presale website, connecting your wallet there, and returning to authorize the transaction.
- It protects you from potential scam websites and tokens, since Best Wallet’s internal team vets each token before listing.
Beyond that, Best Wallet also lets you create multiple Ethereum wallets, allowing you to assign each one for a specific purpose – trading, HODLing, staking, etc.
Buy Best Wallet Token ($BEST) While It’s Still in Presale
As mentioned earlier, $BEST is the native cryptocurrency of Best Wallet, which means it will directly benefit from the wallet’s growth.
It’s worth noting that buying $BEST gets you more than just a potential ROI; it also unlocks a suite of exclusive perks, including:
- Reduced trading and gas fees on Best Wallet
- Early access to the Presale Aggregator section
- Voting rights on key platform decisions
- Staking rewards, currently yielding an impressive 85%
The best part? $BEST is still in presale, meaning it hasn’t yet been listed on exchanges and is, therefore, available at some of its lowest-ever prices.
Currently, 1 $BEST is priced at just $0.025615, and the project has already raised over $15.68M from early investors.
Visit Best Wallet Token’s official website to learn more about how it’s changing the crypto wallet market.
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
Source: https://coindoo.com/why-xrp-surging-today-one-altcoin-to-10x-soon/