Why XRP’s Price Isn’t Reflecting Its True Utility Yet?
The post Why XRP’s Price Isn’t Reflecting Its True Utility Yet? appeared on BitcoinEthereumNews.com. XRP is one of the most utility-driven assets in the crypto space. It powers billions in cross-border payments, settles transactions in just 3 to 5 seconds, and is used by major banks and institutions globally. Despite all this, its price remains underwhelming. A recent post by All Things XRP lays out the reasons why and what could change soon. OTC Deals Keep XRP Demand Hidden One of the main reasons XRP’s utility doesn’t impact its price is how it’s being used. Most institutional players acquire XRP over-the-counter (OTC), not through public exchanges. So even though banks are transacting with XRP, that volume doesn’t show up in trading data. This disconnect keeps the price relatively flat despite high utility. Hidden Road is a Trump Card But things could soon shift. Ripple recently acquired Hidden Road, a prime brokerage that moves over $3 trillion a year. If even a portion of that volume starts running through the public XRP Ledger (XRPL), the demand would become visible to markets, possibly causing the price to spike. This could finally allow XRP’s real-world use to show up in price charts. Speculation and ETFs Could Build the Bridge Traders are paying close attention. The ongoing talks around an XRP ETF and Ripple’s expanding network of CBDC and financial partnerships are boosting sentiment. Speculation acts as a bridge between utility and price, and that bridge is currently under construction. Analysts say there’s an 85% chance of an XRP ETF approval this year, which could attract serious institutional money. From Infrastructure to Price Impact Unlike Bitcoin, which is seen as digital gold, XRP functions more like a financial rail. According to Teucrium’s CEO, XRP’s real-world use case might even surpass Bitcoin’s. As crypto markets evolve from hype to utility, XRP stands to benefit. Also Read : Ripple’s…
The post Why XRP’s Price Isn’t Reflecting Its True Utility Yet? appeared on BitcoinEthereumNews.com.
XRP is one of the most utility-driven assets in the crypto space. It powers billions in cross-border payments, settles transactions in just 3 to 5 seconds, and is used by major banks and institutions globally. Despite all this, its price remains underwhelming. A recent post by All Things XRP lays out the reasons why and what could change soon. OTC Deals Keep XRP Demand Hidden One of the main reasons XRP’s utility doesn’t impact its price is how it’s being used. Most institutional players acquire XRP over-the-counter (OTC), not through public exchanges. So even though banks are transacting with XRP, that volume doesn’t show up in trading data. This disconnect keeps the price relatively flat despite high utility. Hidden Road is a Trump Card But things could soon shift. Ripple recently acquired Hidden Road, a prime brokerage that moves over $3 trillion a year. If even a portion of that volume starts running through the public XRP Ledger (XRPL), the demand would become visible to markets, possibly causing the price to spike. This could finally allow XRP’s real-world use to show up in price charts. Speculation and ETFs Could Build the Bridge Traders are paying close attention. The ongoing talks around an XRP ETF and Ripple’s expanding network of CBDC and financial partnerships are boosting sentiment. Speculation acts as a bridge between utility and price, and that bridge is currently under construction. Analysts say there’s an 85% chance of an XRP ETF approval this year, which could attract serious institutional money. From Infrastructure to Price Impact Unlike Bitcoin, which is seen as digital gold, XRP functions more like a financial rail. According to Teucrium’s CEO, XRP’s real-world use case might even surpass Bitcoin’s. As crypto markets evolve from hype to utility, XRP stands to benefit. Also Read : Ripple’s…
What's Your Reaction?
