XRP’s market performance continues to baffle investors, with many wondering why the token has yet to experience a significant rally despite increasing institutional usage. As of report time, XRP is valued at $2.31, reflecting a 1.96% appreciation over the past day.
A former City of London fund manager, DigitalG, has commented on the ongoing debate surrounding XRP’s sluggish performance. Posting on X, he argued that the answer might lie in Ripple’s dual-ledger structure, a framework that incorporates both a public XRP Ledger (XRPL) and a confidential, bank-oriented version.
Why doesn’t XRP rise in price if banks around the world are buying huge volumes, I hear people say. It’s because there are two ledgers. Some Financial regulators could suggest it’s dishonest to conceal the true price of an asset! I suspect the 2 ledgers will converge on July 14 pic.twitter.com/a9mt0n1zdD
— DigitalG (@DigitalG15) March 16, 2025
According to DigitalG, financial entities may be purchasing large volumes of XRP through this private ledger, which is designed for Central Bank Digital Currencies (CBDCs) and large-scale institutional payments. Unlike the public blockchain, this exclusive ledger restricts access, limits visibility, and operates under centralized oversight, potentially preventing these transactions from influencing XRP’s exchange-listed price.
By drawing attention to this issue, DigitalG suggested that the true demand for XRP might be obscured, preventing retail investors from realizing its actual market value. He also raised concerns about potential regulatory scrutiny, hinting that some authorities could interpret this lack of price transparency as a form of market manipulation.
Is Retail Holding XRP Back?
While DigitalG’s perspective has gained traction, some community members have challenged his argument. One critic suggested that XRP’s uninspiring price movement is a consequence of excessive retail ownership. According to this view, XRP was never truly intended to be held by small-scale investors. Instead, financial institutions may be waiting to dominate the market before initiating a major price surge.
In response, DigitalG proposed a hypothetical scenario: Imagine selling an asset for $2.30 when its actual worth is $15,840, but this real value is deliberately concealed. This analogy further fueled speculation that institutional players may be influencing XRP’s price by keeping its real value hidden from the public.
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Could a Ledger Integration Spark an XRP Breakout?
Looking ahead, DigitalG suggested that Ripple’s private and public ledgers could be integrated on July 14, potentially triggering a substantial shift in XRP’s valuation. However, this claim has been met with skepticism within the crypto community, mainly because it offers a precise implementation date without a clear source to support it.
When pressed for evidence, DigitalG pointed to an upcoming change in the Fedwire Funds Service. On the same date, the service will transition to the ISO 20022 financial messaging standard. However, how this transition directly affects Ripple or XRP remains uncertain, leaving many investors unconvinced.
As speculation continues to swirl around XRP’s actual value, investors remain divided—some see an undervalued gem awaiting institutional takeover, while others believe hidden mechanisms are suppressing its price. Whether XRP will break out in the coming months or remain stuck in its current trading range remains to be seen.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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