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Experts Say Ripple Endgame Is About XRP Price, But Ripple Just Can’t Say It
A new discussion has emerged among XRP community figures about Ripple’s ultimate mission, whether it has always been centered on the price of XRP.
“It’s Always Been About XRP Price”
In perspective, with XRP currently trading at $2.40, every $1 increase in price would add approximately $40 billion to Ripple’s balance sheet. This underscores the strong alignment between Ripple’s success and XRP’s market performance.
Divided Opinions on Ripple’s Execution
Notably, RLUSD has a total supply approaching 900 million. According to CryptoQuant data, only 92.5 million RLUSD is on the XRPL, while the overwhelming majority resides on Ethereum.
“Not even Ripple wants to use XRP or XRPL,” Fishy Catfish wrote, calling XRPL “an obsolete, irrelevant ghost chain.”
Ripple’s Quiet XRP-Driven Endgame
Despite differing opinions, analysts note that Ripple’s ongoing partnerships with institutions such as Evernorth, GTreasury, and SBI Holdings demonstrate its commitment to expanding real-world XRP use cases.
Additionally, the firm is backing ongoing efforts to establish the largest public XRP treasury, aiming to adopt MicroStrategy’s Bitcoin accumulation playbook to drive future price appreciation.
Essentially, Ripple’s silence on XRP price discussions doesn’t negate its reliance on the asset’s success. Rather, it reflects a strategic necessity to avoid regulatory scrutiny.
As Ripple continues to build institutional liquidity rails and integrate the XRPL into global finance, many in the XRP community believe the writing is on the wall that the endgame is about XRP’s value.