Cryptocurrency analyst Amonyx (@amonbuy) has recently expressed support for XRP, telling investors, “Buy #XRP and wait! Don’t wait to buy $XRP!”
This statement emphasizes the importance of long-term holding rather than attempting to time the market. Amonyx’s endorsement reflects growing optimism surrounding the asset, particularly in recent developments.
Buy #XRP and wait!
Don’t wait to buy $XRP !— Amonyx (@amonbuy) March 8, 2025
SEC New Pro-crypto Stance
In February 2025, the U.S. Securities and Exchange Commission (SEC) acknowledged Grayscale’s application to convert its XRP Trust into an exchange-traded fund (ETF). This move shocked the crypto world but was the start of the regulator’s shifting stance.
The SEC acknowledged multiple ETF filings for different digital assets and followed these moves by dismissing its lawsuit against Coinbase . The dismissal confirmed the speculation that the SEC was taking a new approach to crypto regulation, and the regulator has dismissed multiple crypto-related lawsuits and investigations since then.
These developments have led many experts to predict the dismissal of the Ripple lawsuit, which would free the digital asset up for large-scale institutional adoption and partnerships.
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Trump Administration Announces Crypto Strategic Reserve
In early March 2025, Donald Trump announced the establishment of a strategic crypto reserve . The reserve includes Bitcoin, Ethereum, Solana, Cardano, and XRP.
After the announcement, the asset experienced a notable price surge, but a bearish trend in the broader market pulled it down. With XRP currently trading at a lower price, Amonyx is advising investors to accumulate and hold tokens, as buying at low prices could be a life-changing decision if XRP can match the expectations of analysts and experts.
Ripple Expands Global Adoption of On-Demand Liquidity
Ripple continues to expand the adoption of its On-Demand Liquidity (ODL) network. ODL enables financial institutions to facilitate cross-border transactions without requiring pre-funded accounts.
Ripple recently established a notable partnership with BDACS Korea , expanding its services into the South Korean market. As Ripple grows, XRP could see increased adoption as Ripple’s technology solutions become more widespread.
Amonyx’s investment perspective aligns with the recent market developments supporting XRP and has reinforced the bullish expectations of many in the community. The asset seems to be on the verge of something big, and the best investment strategy is to buy XRP and wait.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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