How Long Until XRP Gets Its Own Strategy? Expert Reacts as Solana Receives $500M Investment

The XRP community is pondering the arrival of a strategy that invests in XRP, similar to what is available with other prominent crypto assets like Bitcoin and Solana.

Dom Kwok, Co-founder of EasyA Labs, expressed this perspective in a tweet. Specifically, he asked how long it will take until the crypto community sees an XRP strategy that commits to investing in the asset.

Kwok’s tweet came in response to an announcement by SOL Strategies, a Canadian investment company, about securing a $500 million convertible note facility to fund the purchase and staking of SOL tokens. The move marks the largest staking-yield-tied financing deal in the Solana ecosystem.

As part of the deal, SOL Strategies will initially draw $20 million by May 1, 2025. It has the option to access up to $480 million more over time. Interest on the notes will be paid in SOL, tied directly to staking returns, up to 85% of the generated yield.

Beyond SOL Strategies, DeFi Dev Corp (Janover) recently announced the acquisition of 88,164 SOL tokens worth $11.5 million for its crypto treasury strategy. This development came a few weeks after the firm made an earlier $4.6 million Solana investment.

1/ The $SOL stackin’ must carry on! 🚀

DeFi Dev Corp has purchased another 65,305 $SOL worth ~$9.9M as part of our crypto-forward treasury strategy.

This brings our total holdings to 317,273 $SOL, valued at approximately $48.2M (including staking rewards). pic.twitter.com/WC9Oqv3WwM

— DeFi Dev Corp (@defidevcorp) April 23, 2025

Given this massive investment entering the Solana ecosystem, XRP community members wonder when a similar initiative might emerge for XRP.

Already, many companies have adopted a Bitcoin strategy, following in the footsteps of Bitcoin firm Strategy (formerly MicroStrategy). These firms add BTC tokens as part of their financial investments through continuous acquisitions.

A specific example includes Metaplanet Inc., which just bought over $13 million worth of Bitcoin today, bringing its holdings to 5,000 BTC. Other Bitcoin-buying firms include GameStop and Rumble.

But Wen an XRP Strategy?

XRP enthusiasts eagerly look forward to a similar large-scale initiative, and one of their biggest hopes includes exchange-traded funds (ETFs). Several firms have already sought the SEC’s permission to list ETFs that would directly invest in XRP.

Recent reports suggest that such funds could take until the end of this year to go live, as the applications remain under review.

Notably, an XRP ETF recently launched in the U.S., but this fund, which is a leveraged product, does not directly invest in XRP. Instead, it capitalizes on XRP’s daily performance.

Meanwhile, outside of the U.S. market, funds investing in XRP exist, and these funds are attracting investments weekly. However, these investments are not as robust as what the U.S. market would witness.

Notably, the most recent investment report by CoinShares shows that XRP investments attracted $37.7 million last week. Interestingly, during the same period, Bitcoin investments reported a drain of $6 million. Ethereum investments posted more significant outflows of $26 million.

CoinShares chart showing XRP investment inflow

Proposal for XRP Strategy in Japan

Beyond ETFs, other significant financial institutions are receiving requests to adopt MicroStrategy’s Bitcoin investment style.

Recently, shareholder GAM Investments urged Japanese financial giant SBI Holdings to adopt an ambitious XRP-focused strategy. GAM proposed that SBI implement an XRP buyback program, similar to MicroStrategy’s Bitcoin accumulation approach.

GAM pointed out SBI’s market undervaluation, highlighting the hidden value of its crypto assets, particularly its substantial stake in Ripple and XRP holdings.

They also suggested that SBI’s underperformance is partly due to the lack of a clear strategy regarding its investments in Ripple and XRP. To address this, GAM recommended increased transparency, including daily valuations of its XRP holdings and regular updates on its net asset value (NAV).

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