XRP, is $300 a realistic outlook?...Analyst: "It won't end at $5 or $10"

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A prediction has emerged that XRP could surge to $300 if adopted as a global payment asset by the banking sector. However, this forecast is not a simple price prediction but is based on the argument that a high price point is necessary for XRP to function as a real liquidity channel in a large-scale international payment network.

According to NewsBTC on May 14 (local time), market analyst CharuSan XRP predicted that XRP could rise to $300 after the passage of the US crypto market structure bill. He believes that if banks begin to adopt XRP globally after the bill's passage, token demand will expand, and more capital will move through XRP, triggering a price increase.

CharuSan pointed out that the prediction that XRP would remain at $5 or $10 is a judgment stemming from a lack of understanding of how banking infrastructure works. He mentioned that Ripple is already collaborating with major infrastructure providers such as Volante, ACI, Worldwide, and FINASTRA, explaining that these companies do not operate individually like separate banks but act as vast networks connecting thousands of financial institutions simultaneously.

He argued that Ripple does not need to enter into individual contracts with every single bank. The logic is that once connected to a central cloud, banks tied to that system can access XRP liquidity. CharuSan also believes that the view that XRP's market value increase will take several years does not accurately reflect reality, considering the speed of software world adoption.

CharuSan argued that if XRP remains at the $10 to $20 level, it would not be sufficient to handle massive international payment volumes. He emphasized that the higher the XRP price, the greater its ability to process large-scale global remittances more quickly, and that the $300 price point is not a speculative number but a necessary scale for payment infrastructure.

He also refuted claims that Ripple's stablecoin RLUSD would be used for global bank transfers instead of XRP. CharuSan argued that RLUSD's supply of only 1.5 billion units would be insufficient to handle multi-trillion dollar Depository Trust & Clearing Corporation (DTCC) transfers or even 0.10% of the demand from 13,000 banks worldwide. In contrast, XRP, with a circulating supply exceeding 61.7 billion units, is better suited for the role of a global payment asset. He added that a high market value for XRP is mathematically necessary to reduce volatility and bottlenecks in the global financial system.

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