Is XRP Undervalued? Ripple Executive Declares "No Discrepancy Between Price and Demand"

▲ XRP

A senior Ripple executive directly refuted the market perception that the price of XRP does not reflect actual demand, reigniting the debate surrounding XRP valuation standards.

According to The Crypto Basic, a cryptocurrency media outlet, on April 24 (local time), Markus Infanger, Senior Vice President at Ripple, stated regarding the claim that there is a discrepancy between XRP's price and actual demand, “There is no gap between price and demand.”

Infanger emphasized that the XRP Ledger is expanding beyond simple payment use cases to become financial infrastructure. He explained that actual demand within the XRP-based ecosystem is gradually increasing, particularly with the growth of asset tokenization and institution-centric utilization.

He also pointed out that large-scale assets in the global financial system have not yet been transferred on-chain, stating that even if only a portion of these assets moves, significant changes could occur in the market structure. This trend, he explained, is a factor increasing the utilization of the XRP Ledger.

Regarding the 'lack of demand relative to price' argument raised by some in the market, Infanger diagnosed that structural changes are already underway. He emphasized that as enterprise and institution-centric use cases increase, the method of price formation is also gradually changing.

This statement is an instance of a direct refutation from an internal perspective on the XRP undervaluation debate, demonstrating a trend of expanding demand and evolving market perception.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*