A recent analysis suggests that XRP may require three more years to reach its next peak, due in part to the growing demand from institutional investors. This demand is manifesting in the form of institutional exchange-traded fund (ETF) interest. Unlike previous market cycles, where retail investors drove the price, this cycle may be different due to the influx of institutional capital.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
Institutional investors bring a level of sophistication and stability to the market, which could slow down XRP's price recovery. As a result, the price may not reach its next peak as quickly as it did in previous cycles.