Thursday, March 27, 2025
HomeCryptocurrencyPundit Says XRP Should Already Be Trading Above $100 Under Normal Condition

Pundit Says XRP Should Already Be Trading Above $100 Under Normal Condition

Edoardo Farina, the founder of Alpha Lions Academy, has sparked discussions in the cryptocurrency community with his recent statement regarding the potential valuation of XRP.

Farina asserted that, under typical market conditions, the token should already be trading above $100. His viewpoint highlights the belief among some investors that the asset is significantly undervalued.

At present, the token is trading at $2.45, marking a 36% decline from its all-time high. However, the cryptocurrency has demonstrated strong performance over the past year, with its value increasing by 286%.

Despite this growth, supporters of XRP argue that the token’s current price does not reflect its true worth. Farina shares this sentiment, emphasizing that XRP’s regulatory status in the United States should position it at a much higher valuation.

Regulatory and Market Factors Impacting XRP’s Price

Several external influences have contributed to XRP’s market struggles. One of the most significant factors has been regulatory uncertainty, particularly due to the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). The legal dispute, which began in December 2020, raised concerns about the token’s classification as a security and created instability in its market performance.

In July 2023, a court ruled that XRP is not a security, offering some relief to investors and briefly driving the price higher. However, this momentum was short-lived, and the asset soon returned to its previous levels. Many in the cryptocurrency community expected a more substantial price increase once the lawsuit reached its final resolution in August 2024, but the anticipated surge did not materialize.

The most significant price movement for the token in recent history came in November 2024, following the resignation of SEC Chairman Gary Gensler. This event boosted investor confidence and led to a noticeable increase in XRP’s value. However, the SEC’s later decision to drop its appeal against Ripple did not result in any further gains for the asset.

Analysts, including Farina, argue that these regulatory challenges have created an environment that prevents XRP from reaching its full potential. They consider these conditions abnormal and believe that, without such obstacles, XRP would already be trading at a significantly higher price.

Potential for Future Growth and Market Independence

Despite the setbacks, Farina remains optimistic about the XRP’s future. He suggests that a major shift could influence its long-term performance. In particular, he believes that XRP’s price is still largely tied to Bitcoin’s movements, a pattern common among altcoins.

Farina speculates that if the token decouples from Bitcoin and trades independently, it could experience substantial price appreciation. He describes this potential event as a turning point for the asset, predicting its price could see unprecedented growth once it is no longer directly influenced by Bitcoin’s price fluctuations.

Many supporters share this belief, maintaining that the asset has been held back by broader market conditions rather than its intrinsic value. While regulatory and institutional factors have played a significant role in limiting the token’s growth, some investors remain hopeful that these challenges will eventually be resolved, allowing the cryptocurrency to reach a valuation that aligns with its perceived potential.

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.


Follow us on Twitter, Facebook, Telegram, and Google News

 

Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
RELATED ARTICLES

Latest News & Articles