David Siemer – CEO Wave Digital Assets: XRP and Solana May Set New Peaks in 2025

In a recent interview, David Siemer – CEO of Wave Digital Assets – shared an optimistic view on the prospects of the crypto market, particularly for major coins such as Bitcoin (BTC), XRP, and Solana (SOL). According to him, the current market is still entering a growth phase due to a wave of acceptance from large institutions, and some altcoins may reach unprecedented milestones. Bitcoin: Still the Leader David Siemer stated that Bitcoin will continue to be the dominant currency for the remainder of 2025. He mentioned that major financial institutions are currently only interested in buying Bitcoin, as it is the digital asset considered the safest and most reliable. "Currently, there is no organization buying anything other than Bitcoin," Siemer said. "Ethereum has started to receive a bit of interest, but it is still very little." This indicates that the next phase of the crypto market is likely to still revolve around Bitcoin as a leading asset, laying the foundation for the development of altcoins thereafter. XRP: Can It Break the Old High? When asked about the price prospects of XRP, Siemer shared in an optimistic manner. Although he did not disclose specifics, he hinted that there are upcoming factors that could provide a strong boost for XRP. "I believe that XRP can reach its previous peak," he said, referring to the previous peak of around 3.50 USD. "The XRP community is truly strong. The 'XRP army' is real, and the steady buying from loyal holders can support the price." If the underlying factors and investor sentiment continue to hold, XRP could definitely return to its all-time high, especially if there are positive developments related to lawsuits or new partnerships. Solana: Facing Selling Pressure But Still Has a Chance to Reach a New Peak Solana continues to be the focal point in 2025, thanks to the explosion of the memecoin ecosystem, rapidly developing DeFi projects, and effective network upgrades. However, Siemer also warned that Solana is still under selling pressure related to the release of tokens from the bankruptcy assets of FTX, and this could last for the next few years. "Although there is still selling pressure, I believe that the current setup of Solana is very strong and it could reach a new peak," he shared. Overall, the outlook for Solana remains very positive, especially as the inflow of funds into DeFi and decentralized applications continues to increase. The Layer 1 Race Continues Finally, Siemer offered an insightful perspective on the race among Layer 1 blockchains like Ethereum, Solana, Avalanche, etc. According to him, one should not expect a single winner. "There will not be one winner – there will be many winners," he said. "Just like in the traditional software industry, there are thousands of companies that still thrive." This statement reflects a long-term and decentralized vision, as blockchain ecosystems can coexist, serving different goals and user groups. Summary From David Siemer's perspective, 2025 will be a promising year for the crypto market. Bitcoin remains the center of attraction for institutional capital, but XRP and Solana are also poised for significant opportunities to establish new price records. Meanwhile, the competition among smart contract blockchains still holds much potential and there are no limits to diversity.