XRP, once hailed as a game-changer in crypto, continues to underperform in the current market cycle. It’s trading at $0.542—a far cry from its all-time high of $3.84 on January 4, 2018, and roughly the same as it was in October 2022. Despite exciting developments, many are left wondering why XRP’s price remains stuck in neutral. Enter CryptoTank (@Tank2033js), who took to X (formerly Twitter) to offer his take on XRP’s stagnant price—and his analysis is turning heads.

What’s Holding XRP Back?

CryptoTank breaks down the mystery:

🔍 Circulating Supply Misconception

While XRP’s circulating supply is often quoted around 56 billion, not all of it is active on the XRP Ledger (XRPL). Much of the supply sits in private wallets, exchange reserves, or whale holdings. Only an estimated 10 billion XRP actively participate in daily transactions on the ledger, which is what really matters for pricing.

🏦 How the XRPL Drives XRP's Value

The XRP Ledger's Automated Market Maker (AMM) pools provide liquidity for cross-border transactions. These pools ensure that XRP can be swapped seamlessly with other tokens, including CBDCs or Ripple's RLUSD, which many financial institutions plan to use. XRP serves as the default asset for settlements, unless a more efficient route exists—although CryptoTank argues that XRP’s liquidity edge makes it hard to replace.

Will Banks Drive XRP to $500?

CryptoTank points out that banks and financial institutions like SWIFT, J.P. Morgan Chase, Bank of America, and SBI Holdings collectively handle $25 trillion in daily settlements. Even if just 10% of that volume flows through the XRPL, it could generate $2.5 trillion in daily transactions. To avoid failed settlements, the AMM liquidity pools would need to accommodate twice that amount—around $5 trillion.

💡 His Prediction? XRP must trade at $500 per token to provide deep enough liquidity for such high-volume transactions.

XRP’s Future: Institutional Adoption vs. Retail Speculation

CryptoTank believes XRP’s true value lies in utility, not speculation. As more institutions adopt XRP for settlement, market charts and retail trading narratives will become irrelevant.

🗣️ "Retail speculation will soon be dwarfed by institutional adoption, and most coins will become obsolete," he argues. The 1,700+ NDAs Ripple has with banks hint at a massive wave of institutional involvement ready to unfold. Tokenized assets, real estate, and debt are also poised to add significant value to the XRPL in the future.

Chart Analysts vs. Utility Advocates: A Debate Heats Up

Not everyone agrees with CryptoTank’s bold forecast. A chart analyst responded, saying: “The only thing that matters is the chart. Buy based on technicals, not narratives.” According to the analyst, retail traders focusing on charts have a better chance of success than those betting on utility stories.

CryptoTank hit back, stating: “You clearly have no idea how utility tokens work or what is about to take place globally.” He emphasized that as institutional money flows into the crypto space, utility will outshine speculation. “The big money is coming, and everything will change.”

What’s Next for XRP?

While XRP remains stuck for now, CryptoTank’s analysis points to massive potential for future growth. With banks gearing up to use XRP, the token’s price may finally break free from its stagnant state. However, investors must brace for volatility—price discovery in a utility-driven market won’t happen overnight.

📢 The Takeaway: If CryptoTank’s predictions are correct, the best is yet to come for XRP—but only for those with patience and foresight.

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Final Thoughts: XRP’s Time Will Come—Will You Be Ready?

Whether you believe in XRP’s long-term potential or prefer to trade on charts, one thing is clear: the crypto landscape is shifting. XRP may not be moving now, but institutional adoption could change everything. Will you be prepared when it does?

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