Experts claim recent developments have revealed XRP's true market value.

crypthub

6 days ago

OpenUSD Does Not Undermine XRP

Ripple Bull Winkle clarified that the OpenUSD stablecoin, despite its broad backing, is not a threat to XRP’s ecosystem role. The new dollar-backed asset operates primarily on Solana, not the XRP Ledger. Ripple strengthened its position by participating in the initiative while simultaneously developing its own stablecoin, RLUSD. This strategy ensures Ripple benefits whether OpenUSD gains mass adoption or RLUSD expands its usage.

XRP’s Multifaceted Utility

The analyst countered the criticism that XRP only functions as a transaction fee token. He detailed four key functions that define the asset's true utility. XRP acts as a vital bridge asset for cross-border settlements. Furthermore, it supports tokenized real-world assets and serves as the primary trading pair for RLUSD. These roles position XRP as a core settlement asset for expanding financial networks.

Valuation Driven by Demand, Not Speculation

Sustained price appreciation for XRP requires consistent demand rather than speculative trading activity. The analyst noted that temporary market excitement rarely produces lasting value for the asset. Long-term growth depends on institutional participation, ETF inflows, and regulatory clarity. Ultimately, the increased real-world utilization of XRP will determine its future market price.