XRP’s Resilience and American Roots: Why It Matters in Crypto’s Future
Dan Tapiero, founder of 10T Holdings, has highlighted XRP’s enduring resilience amid intense industry scrutiny, drawing parallels to the Lindy effect—the idea that the longer something survives, the more robust it becomes. His remarks, made in a recent CoinDesk interview, underscore XRP’s tenacity despite legal challenges, including Ripple Labs’ high-profile lawsuit with the SEC. This endorsement reinforces the narrative of XRP as a formidable American-made player in the cryptocurrency space, poised for long-term relevance. As of May 2025, XRP’s continued survival and adaptability suggest a promising future in the evolving digital asset landscape.
XRP Is Made in America, Here’s Why That Matters
Dan Tapiero, founder of 10T Holdings, highlights XRP’s resilience in the face of relentless industry scrutiny. "The Lindy effect applies here—the longer XRP survives, the more robust it becomes," he noted in a CoinDesk interview. Ripple Labs’ legal battles, including its high-profile SEC lawsuit, have only cemented XRP’s reputation as a tenacious player in the crypto arena.
Tapiero’s endorsement underscores a broader narrative: American-born digital assets like XRP carry institutional credibility despite regulatory headwinds. The coin’s decade-long persistence amid volatility suggests a structural advantage—one that could position it favorably as global crypto regulations mature.
XRP ETF Approval Odds Climb to 85%, Sparking Bullish Momentum
XRP’s likelihood of securing a U.S. spot ETF approval has surged to 85%, igniting renewed investor Optimism and fueling predictions of a potential price rally. Analysts highlight a bullish ’falling wedge’ pattern, suggesting a possible upward trajectory toward $3.74.
Dark Defender and other market observers remain bullish on XRP’s long-term prospects, with some projecting ambitious targets like $19.27. The cryptocurrency’s recent momentum underscores growing institutional interest and market confidence.
XRP Liquidation Imbalance Hits 1000% as Price Dips Below $2.20
XRP’s price briefly tumbled to $2.15 on April 30, triggering a staggering liquidation imbalance. Data from Coinglass reveals $13.9 million in long positions were wiped out within 24 hours, dwarfing the $1.49 million in short liquidations—a NEAR 1000% disparity. The skew underscores traders’ entrenched bullish bias.
The cascade of long liquidations accelerated the downturn, with open interest dropping 4% as participants exited positions. Yet XRP has clawed back to the psychologically pivotal $2.20 level. Market participants diverge in interpretation—some view this as a cleansing of weak hands before a potential reversal, while others warn of further downside risk if support falters.
Ripple Says UK Crypto Regulation Could Unlock Massive Growth
Ripple is positioning itself to capitalize on the UK’s draft crypto regulations, viewing the move as a pivotal moment for the British market. Cassie Craddock, Ripple’s Managing Director for the UK and Europe, highlighted the country’s "huge potential" to emerge as a global crypto leader, leveraging its "second-mover advantage."
The proposed framework has been praised for its flexibility and competitiveness, aligning with Ripple’s strategic focus. The company already operates one of its largest international offices in London, signaling long-term confidence in the region.