XRP is not a meme coin driven by hype or social media; it is described as a “network asset” tied to institutional finance and infrastructure. Linda P. Jones, a Wall Street analyst, highlighted XRP’s long-term potential and compared it to Berkshire Hathaway’s early stock. Jones clearly drew a line, stating that XRP is not a meme coin moved by hype on social media or short-term speculation, but a ‘network asset’ tied to institutional financial infrastructure.
Jones’s view aligns with the identity emphasized by the XRP community. XRP is closely connected to institutional use cases rather than decentralized experiments or speculative trading. In particular, it is used as a core asset in Ripple’s payment infrastructure and has steadily built institutional usage cases through adoption by financial institutions such as SBI. In this context, Jones argued that selling XRP now would be like prematurely selling Berkshire Hathaway stock in its early days.
Berkshire Hathaway, founded in 1955 through a textile company merger, began to change its nature in earnest in 1962 when Warren Buffett started aggressively buying its shares. Soon after, Buffett became CEO in 1965, transforming it into a global conglomerate and one of the world’s most valuable companies. However, in its early days Berkshire Hathaway traded like any other stock, and many investors overlooked its long-term potential, undervaluing it.
As a result, initial sellers missed huge gains, while patient holders who waited ultimately earned enormous profits. Since listing on the New York Stock Exchange, Berkshire Hathaway Class A stock has delivered cumulative returns of 302,430%, and early sellers missed decades of compounding gains. Jones says XRP is currently at the starting line for a similar long-term growth trajectory.
In fact, XRP reached a multi-year high of $3.65 in July and then underwent a 47.67% correction. Currently, XRP sits about 50.17% below its all-time high of $3.84. During the same period, other major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) also faced sharp pullbacks, yet XRP supporters remain optimistic. They believe that a range of catalysts, including rising institutional demand and regulatory progress through the US cryptocurrency market structure bill (the Clarity Act), could drive a mid- to long-term rebound in XRP’s price.
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