XRP, Designing the Last Inescapable Rally..."Following Bitcoin's Path Exactly"

▲ XRP/AI-generated image

An analysis suggests that XRP is preparing for a massive price surge as it transforms from a speculative asset into an asset focused on real utility value.

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

EGRAG set an initial target price of $6.4 for XRP. 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 between $27 and a maximum of $33. This surge is supported by Ripple's payment solution, Ripple Payments, and the increasing adoption by central banks worldwide. As real-world use cases grow, liquidity will strengthen, firmly supporting the price floor.

The analyst assessed that XRP has sufficiently accumulated energy over years of sideways movement. He stated, "XRP is not just a cryptocurrency but a core component of the global financial infrastructure." Specifically, as XRP's role as a bridge currency in cross-border payment systems grows, 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 goes beyond traditional chart analysis. EGRAG argued that just as Bitcoin's price surged after being recognized as a store of value, XRP's value would be re-evaluated as it becomes the standard for payment methods. 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 actively use XRP for fund management. Real-world use cases are already rapidly increasing, especially in emerging markets, proving this with data. Ripple is leading the era of the Internet of Value by connecting financial networks worldwide.

*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.*