XRP, Designing a Final Inescapable Rally..."Following Bitcoin's Path Exactly"

▲ XRP (XRP)/AI generated image

An analysis suggests that XRP is transforming from a speculative asset into an asset focused on practical utility value, preparing for a significant price increase.

According to a report by the cryptocurrency media outlet The Crypto Basic on April 28 (local time), renowned analyst EGRAG CRYPTO unveiled his 'Final Phase Theory' for XRP. EGRAG diagnosed that the current market is moving beyond a speculative cycle driven by mere buying and selling and entering a utility-focused cycle. He predicted that institutional demand would explode once the XRP price crosses a certain threshold, explaining that it would replicate the surge previously seen with Bitcoin (BTC).

EGRAG set the initial target price for XRP at $6.4. He analyzed that a breakthrough of the resistance currently formed around $1.4 would initiate a full-fledged rally. He emphasized that the ultimate final price could reach $27 to a maximum of $33. This surge is supported by Ripple's payment solution, Ripple Payments, and the increasing adoption by central banks worldwide. As actual use cases grow, liquidity strengthens, providing solid support for the price floor.

The analyst assessed that XRP has sufficiently accumulated energy over several years of consolidation. He stated, "XRP is not just a cryptocurrency; it is establishing itself as a core component of the global financial infrastructure." In particular, as XRP's role as a bridge currency in cross-border payment systems expands, its price is mathematically bound to increase. The fact that institutional investors are building trust and increasing their long-term holdings is also a positive sign.

The utility cycle signifies a new dimension of price formation that transcends traditional chart analysis. EGRAG argued that just as Bitcoin's price surged after being recognized as a store of value, XRP's value will be re-evaluated as it becomes a standard for payment. Market participants should focus on practical adoption metrics rather than short-term volatility. The technological advancement and ecosystem expansion of the XRP Ledger increase the feasibility of this theory.

The virtual asset industry expects the resolution of Ripple's legal dispute to be a catalyst that accelerates the completion of the utility cycle. This is because once regulatory clarity is secured, major banks can fully utilize XRP for fund management. Actual use cases are already rapidly increasing, particularly in emerging markets, and are proven by data. Ripple is leading the era of the Internet of Value by connecting global financial networks.

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