A fresh take on XRP has come from Andy Schectman, CEO of Miles Franklin Precious Metals, who, in a recent interview shared by InvestWithD, revealed he owns a small amount of the asset, calling it an “intriguing idea” with upside. His stance is important given his strong roots in gold, especially after last week’s sharp drop in the metals market.
At the same time, rising institutional interest, including reports linking Goldman Sachs to a $154 million XRP exposure, adds weight to the narrative.
Still, Schectman kept expectations in check, saying, “I believed in it enough to own a little bit,” making it clear this is a calculated, high-risk bet rather than a certainty.
Adoption Depends on Banks
Schectman tied XRP’s future to one connecting factor: bank involvement. He stated, “If it’s going to take, it’s going to be because the banks embrace it,” pointing to institutional use as the real driver behind any long-term value.
This aligns with XRP’s role in cross-border payments, where financial institutions are expected to play a central role. But it has its own challenges, he pointed out with digital assets is usability. Managing wallets, keys, and transfers can be too complex for average users. He said that wider adoption will only come when banks and financial institutions make crypto easier to access, similar to how people use traditional banking apps today.
XRP sits in the top 10% of his “pyramid”
Schectman also broke down how he manages risk through a pyramid-style allocation. The base of his portfolio includes stable assets like paid-off real estate, physical gold, silver, and cash, focused on preserving wealth.
The middle layer holds income-generating investments such as treasury products and dividend stocks. At the top sits a small portion, around 10%, dedicated to higher-risk opportunities like mining stocks and cryptocurrencies, including XRP.
He explained that even if this top layer underperforms, the rest of the portfolio remains protected. At the same time, strong gains from this segment can significantly boost overall returns.
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“I See the Logic… But It’s Speculative”
Schectman didn’t shy away from his doubts around crypto, saying the idea of “putting the ledger in the computer freaks me out.”
Still, he added, “I see the wisdom in it. I see the logic in it. I see the speculation in it.”
He kept his stance clear, take the bet, but keep it small. Overloading on high-risk assets doesn’t make sense. His approach stays balanced: if XRP delivers, it adds strong upside; if not, the overall portfolio remains intact.
Don’t Act Too Fast
He compared gold to a “grandfather” with a long history, while crypto like XRP is still young with promise but less certainty. His stance blends both worlds, stability from traditional assets and growth potential from emerging technology, without relying entirely on either.
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FAQs
XRP could trade between $3 and $6 in 2026 if crypto market momentum strengthens and Ripple expands partnerships with banks using RippleNet and ODL.
XRP could potentially reach $18–$30 by 2030 if the crypto market enters a strong bull cycle and Ripple expands global payment partnerships.
If adoption of blockchain payments grows and Ripple strengthens its financial network, XRP could trade between $97 and $179 by 2040.
XRP may be a promising investment due to its role in cross-border payments and growing institutional adoption, but price volatility and regulation risks remain.
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