Versan Aljarrah, head of Black Swan Capitalist, has put forward a bold claim, stating that the current market value of XRP is not representative of its actual worth. According to him, global financial institutions have already agreed on what XRP is truly worth, and that figure is far higher than what retail traders see today.
Behind-the-Scenes Valuation
Aljarrah argues that XRP’s price has been established through private arrangements involving central banks, large financial firms, and organizations like JP Morgan, BlackRock, and the Bank for International Settlements.
He compares this process to how financial markets sometimes operate during pre-IPO stages, where the valuation of an asset is determined internally before being made public. In this case, however, the process involves significantly more powerful players and global implications.
He claims XRP is not being treated as a typical cryptocurrency. Instead, it is being positioned as a utility asset for cross-border payments and global financial interoperability. This role, he suggests, has led institutions to determine its price based on its function within the system, not on speculative trading.
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Adoption at the Institutional Level
Aljarrah states that XRP is already integrated into financial systems in various parts of the world. He points to examples such as Caribbean nations, including Barbados, where XRP is being used by financial institutions in live environments.
He claims this is evidence that XRP is no longer a prospect but an active part of the evolving financial infrastructure. Ripple is also rapidly expanding its network, recently securing a partnership with Unicâmbio and entering Portugal, a new market.
Aljarrah argues that the token’s adoption by central banks and other institutions indicates that its use case is real, ongoing, and far more advanced than most observers realize. This means the price is being dictated by institutional utility, not retail speculation.
Retail Price is Irrelevant
Aljarrah argues that XRP’s retail price is disconnected from its institutional valuation, speculating it could be priced internally between $100 to $1,000 based on its role in large-scale settlement systems. He believes the current low price reflects speculation and a lack of behind-the-scenes information.
Once XRP’s role in the global financial system is fully activated, he expects the public price to align with institutional valuations. Critics have questioned why institutions would pay above-market prices for an asset available at a lower cost, challenging Aljarrah’s view.
Despite skepticism, Aljarrah maintains his stance. Now that Ripple is free to sell XRP to institutional investors, rapid adoption could cause the retail price to reflect these higher prices Aljarrah and many community members believe institutions have set.
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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