"XRP, going to $300"...Bank system engineer also activates bullish scenario

▲ XRP

A claim has been made 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 misunderstand how the banking sector adopts financial technology. He explained that after the implementation of the US cryptocurrency market structure bill, XRP adoption would not proceed through individual contracts with each bank, but rather could spread through large infrastructure providers already collaborating with Ripple.

CharuSan cited companies like ACI Worldwide, Volante Technologies, and Finastra as key channels. Since these companies provide services to thousands of banks worldwide, he argued that XRP-related payment functions could be applied to a large banking network with a single software update. He believes that Ripple does not need to sign individual 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 a low level, such as $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 movement. 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, 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 short-term jump from $1.46 to $300 is unrealistic, and three-digit price predictions 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 would require a massive expansion of market capitalization.

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

*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.*