Here’s What’s Keeping XRP To Remain below $3
The post Here’s What’s Keeping XRP To Remain below $3 appeared on BitcoinEthereumNews.com. XRP continues to trade below the $3 mark despite strong fundamentals and growing adoption. This has prompted renewed discussion within the community, with claims that the market price does not reflect XRP’s real-world utility. Versan Aljarrah, founder of Black Swan Capitalist, took to X to share his perspective on the matter. He suggests that the issue isn’t a lack of demand, but rather market suppression. “The Market Isn’t Free”: XRP Price Held Back In his post, Aljarrah argued that XRP’s subdued price isn’t due to insufficient adoption or utility. Instead, he pointed to systemic suppression within the broader market, claiming that if XRP had unrestricted access and were priced based on actual global settlement volume, it would have “repriced long ago.” – Advertisement – According to Aljarrah, under normal, favorable market conditions, XRP could have already exceeded the $3 mark. He emphasized that the market isn’t truly free, and XRP is a prime example of this imbalance. Notably, many market participants commenting on Aljarrah’s post appear to share his view. X user Nixx Blackwood noted that although XRP’s price action can be frustrating, she sees it as a blessing in disguise, offering more time to accumulate before a potential breakout. XRP Adoption Quietly Accelerating Supporting this perspective, X user “SonOfaRichard” outlined several reasons why he believes XRP is undervalued. He pointed out that XRP consistently handles billions in on-chain volume with negligible transaction fees. Additionally, Ripple’s payment system outperforms legacy systems like SWIFT in terms of speed, cost-efficiency, and 24/7 availability. He also highlighted live testing of Ripple’s private ledger by central banks and enterprises for use cases such as central bank digital currencies (CBDCs), tokenized treasuries, and real estate transactions. Yet despite this innovation, XRP’s price remains “stagnant.” In this context, proponents argue that XRP’s ecosystem should have already…
The post Here’s What’s Keeping XRP To Remain below $3 appeared on BitcoinEthereumNews.com.
XRP continues to trade below the $3 mark despite strong fundamentals and growing adoption. This has prompted renewed discussion within the community, with claims that the market price does not reflect XRP’s real-world utility. Versan Aljarrah, founder of Black Swan Capitalist, took to X to share his perspective on the matter. He suggests that the issue isn’t a lack of demand, but rather market suppression. “The Market Isn’t Free”: XRP Price Held Back In his post, Aljarrah argued that XRP’s subdued price isn’t due to insufficient adoption or utility. Instead, he pointed to systemic suppression within the broader market, claiming that if XRP had unrestricted access and were priced based on actual global settlement volume, it would have “repriced long ago.” – Advertisement – According to Aljarrah, under normal, favorable market conditions, XRP could have already exceeded the $3 mark. He emphasized that the market isn’t truly free, and XRP is a prime example of this imbalance. Notably, many market participants commenting on Aljarrah’s post appear to share his view. X user Nixx Blackwood noted that although XRP’s price action can be frustrating, she sees it as a blessing in disguise, offering more time to accumulate before a potential breakout. XRP Adoption Quietly Accelerating Supporting this perspective, X user “SonOfaRichard” outlined several reasons why he believes XRP is undervalued. He pointed out that XRP consistently handles billions in on-chain volume with negligible transaction fees. Additionally, Ripple’s payment system outperforms legacy systems like SWIFT in terms of speed, cost-efficiency, and 24/7 availability. He also highlighted live testing of Ripple’s private ledger by central banks and enterprises for use cases such as central bank digital currencies (CBDCs), tokenized treasuries, and real estate transactions. Yet despite this innovation, XRP’s price remains “stagnant.” In this context, proponents argue that XRP’s ecosystem should have already…
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