Forbes Called XRP a 'Zombie Coin' in 2024, But Were They Right? A Look at Ripple’s Performance One Year Later
**XRP's Resilience and the Rise of Rexas Finance: A Closer Look at the Future of Crypto**
Forbes labeled XRP a "zombie coin" in their March 2024 article, *The Rise of Crypto's Billion Dollar Zombies*, arguing that despite its substantial $36 billion market value, its practical use was primarily limited to speculative trading. They highlighted Ripple's modest $583,000 in XRP Ledger transaction fees for 2023 and the coin's inability to replace SWIFT for international banking as signs of stagnation. However, as we look toward March 2025, it's time to assess whether Forbes's perspective on XRP was too dismissive, or if they truly missed the mark on its potential.
### XRP’s Impressive Price Surge
While Forbes’s assessment of XRP's stagnation may have had some validity at the time, the token has since far exceeded expectations. XRP’s market capitalization has soared beyond $100 billion, and in December 2024, it briefly touched $141 billion, positioning it as one of the top three or four cryptocurrencies globally. The price of XRP has skyrocketed from around $0.60 in March 2024 to its current value of $2.42–$2.55, marking a 300–325% increase. This remarkable surge challenges the theory that XRP is simply a speculative asset without real utility. Ripple’s strategic actions and sustained investor trust, despite persistent criticism, have contributed to this growth, further proving that XRP’s endurance goes beyond hype.
### The Utility Challenges of XRP
While XRP's price has surged, it still faces fundamental challenges in terms of real-world utility. Forbes was correct in pointing out that XRP’s success continues to be driven, to a large extent, by speculative trading. In 2024, XRP’s daily trading volume consistently exceeded $2 billion, outpacing its transaction fee income. While the token has made progress in enabling real-world payments, it still hasn’t achieved its goal of replacing SWIFT for international banking. Despite this, XRP saw a 480% increase in monthly transactions by December 2024, highlighting its ability to maintain momentum and signaling that its critics may have prematurely dismissed its potential. However, while XRP remains strong, the spotlight is starting to shift toward new and innovative projects like **Rexas Finance (RXS)**, a rising star in the crypto world.
### Rexas Finance (RXS): The Next Big Thing in Crypto
Unlike XRP, which has been mired in legal challenges and skepticism regarding its practical use, Rexas Finance (RXS) is positioning itself as a transformative force in cryptocurrency. The platform’s primary focus is the integration of blockchain technology with real-world assets (RWA). This approach allows users to tokenize everything from real estate to intellectual property, enabling seamless global transactions for a wide range of tangible assets. As of now, Rexas Finance is in its final presale stage, priced at $0.20, with stage 12 nearly 92% sold out, raising nearly $47.6 million. The token is slated for launch on June 19, 2025, at a price of $0.25, with experts predicting significant price appreciation post-launch.
Rexas Finance’s decision to forgo venture capital funding in favor of community-driven growth sets it apart from many other crypto projects. The focus on tokenizing real-world assets has generated considerable interest, and experts believe its market success will likely exceed expectations. As the crypto market evolves, Rexas Finance is quickly becoming the altcoin to watch, poised to shake up the industry by providing real, practical value to its users.
### Conclusion: XRP's Resilience and Rexas Finance’s Emergence
Forbes’s prediction that XRP would be a "zombie coin" in 2024 may have been premature. Over the past year, XRP has defied expectations, surging in price, achieving a market capitalization over $100 billion, and addressing its regulatory challenges. While the cryptocurrency still faces utility hurdles, its strong market performance suggests that calling it a "zombie" was an exaggeration.
Meanwhile, new projects like **Rexas Finance (RXS)** are emerging as game-changers. With its focus on tokenizing real-world assets and an impressive presale performance, Rexas Finance is poised to become one of the next major forces in cryptocurrency. Regardless of how XRP continues to evolve, it’s clear that the future of cryptocurrency belongs to projects offering genuine value—and Rexas Finance is leading the charge in this new wave of innovation.