Wall Street analyst Linda P. Jones has drawn a long-term comparison between XRP and early-stage Berkshire Hathaway, arguing that selling the token at current levels risks missing potential value that may only become clear over time.
Jones said XRP should not be grouped with speculative or meme-driven cryptocurrencies. Instead, she framed the token as a network-linked asset whose valuation depends more on institutional adoption than short-term price swings.
Not a Typical Crypto, Jones Argues
According to Jones, XRP’s use within Ripple’s payments infrastructure and its links to regulated financial entities set it apart from many digital assets. She pointed to adoption by institutions such as SBI Holdings as evidence that XRP’s role extends beyond retail trading activity.
This view echoes a broader narrative among XRP supporters, who argue that the token’s long-term prospects hinge on real-world financial use cases rather than speculative cycles.
Jones likened XRP’s current phase to Berkshire Hathaway’s early years, when the company was widely overlooked before its transformation under Warren Buffett. Buffett began accumulating shares in the early 1960s and took control in 1965, eventually turning Berkshire into one of the world’s largest conglomerates.
During that period, Berkshire traded without attracting sustained attention, leading many early investors to exit before its long-term growth materialized. Jones said XRP holders face a similar choice today, with short-term volatility obscuring what she views as a longer-term adoption story.
The comments come as XRP continues to trade well below recent highs. After reaching $3.65 in July, the token has fallen by nearly 48%, changing hands around $1.94 at press time. XRP also remains roughly 50% below its all-time high near $3.84.
The pullback mirrors broader weakness across the crypto market, with Bitcoin and Ethereum also posting significant declines in recent months.
XRP ETF Growth Diverges From Spot Price
While XRP’s spot price has trended lower, XRP-linked exchange-traded funds have continued to add assets. Market data shows XRP ETFs surpassed $60 million in assets under management as of Dec. 17, even as the token declined over the same period.
Crypto analyst Chad Steingraber noted that ETF mechanics can delay any direct impact on spot prices. ETF inflows are typically settled after market close, meaning new allocations do not always translate into immediate buying pressure.
Jones’s comparison shows the gap between long-term conviction and near-term market behavior. Supporters argue that regulatory clarity and institutional integration could eventually reprice XRP, while critics point to ongoing technical weakness and broader market headwinds.