"XRP, going to $300"...Bank System Engineer Also Activates Bullish Scenario

▲ XRP

A claim has emerged that XRP could rise to $300 in the long term if regulatory clarity for cryptocurrencies in the US and adoption by the banking sector align. Bank system engineer CharuSan argued that Ripple could accelerate the spread of XRP-related payment functions more quickly through global financial infrastructure providers, rather than by persuading individual banks one by one.

The Crypto Basic reported on the 13th that CharuSan stated on X (formerly Twitter) that investors are misunderstanding how the banking sector adopts financial technology. He explained that after the implementation of the US crypto market structure bill, XRP adoption would not proceed through individual contracts with each bank, but rather could spread through major infrastructure providers already collaborating with Ripple.

CharuSan mentioned companies like ACI Worldwide, Volante Technologies, and Finastra as key channels. He argued that because these companies provide services to thousands of banks worldwide, a single software update could enable XRP-related payment functions across a large banking network. He believes Ripple does not need to enter into separate contracts with 13,000 banks worldwide to expand XRP usage.

CharuSan likened XRP liquidity to water flowing through a pipe. He argued that if the XRP price remains at low levels like $10 or $20, it would be difficult to efficiently support large-scale global payment flows. Conversely, he explained that if the XRP price increases, the network's liquidity processing capacity grows, allowing larger fund movements to be handled efficiently across the entire system.

He defined XRP not as a mere speculative asset but as a payment transfer mechanism for large-scale liquidity movements. According to the article, when the XRP price was $1.46, the network's market capitalization was slightly over $90 billion, which is not large compared to the multi-trillion dollar financial market. In contrast, it was explained that if XRP reaches $300, its valuation would exceed $18 trillion, potentially changing the market structure itself.

However, The Crypto Basic reported that the path for XRP to reach $300 remains uncertain. It explained that a jump from $1.46 to $300 in a short period is unrealistic, and triple-digit price forecasts are still controversial. Supporters believe that institutional payment adoption and regulatory clarity could significantly increase demand for XRP liquidity, while critics point out that a $300 target price requires a massive expansion of market capitalization.

Industry forecasts also differ. According to the article, Bitwise's previous forecast, even in the most optimistic scenario, projected XRP's price around $30 by 2030. In contrast, some bullish XRP analysts are advocating for a possibility of $100 within the next 10 years. Expectations that regulatory discussions, including the US crypto market structure bill, could clarify standards for digital asset adoption in the banking and payment sectors are rekindling the debate over XRP's long-term valuation.

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