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Finance Expert Says $1,000 XRP Price Won’t Be the Ceiling, But the Floor. Here’s why
A renowned finance expert has made a bold prediction about the future of Ripple’s XRP cryptocurrency, stating that a price point of $1,000 would not be the ceiling, but rather the floor.
Versan Aljarrah, co-founder of Black Swan Capitalist, has reiterated his highly optimistic stance on XRP’s long-term value. He believes that this digital asset will become the primary bridge asset for the global financial system, which would necessitate a substantial increase in valuation.
According to Aljarrah, the current price range is unsustainable for such a role, and a $1,000 price point would be required to enable XRP’s intended function as a settlement layer for cross-border transactions and institutional flows. This increased value would reflect XRP’s role in facilitating global liquidity rather than speculative trading.
The expert connects his projection to the impending evolution of finance towards tokenized assets, real-time foreign exchange settlements, and sovereign debt swaps. As XRP becomes the bridge asset for these innovations, a $1,000 valuation would be the “floor,” not the “ceiling.”
This prediction is based on Aljarrah’s understanding of the fundamental mechanics driving XRP’s price growth. He believes that when XRP’s fixed supply of 100 billion tokens and transaction burn mechanism are combined with increasing demand, they will create upward pressure on the price.
The expert’s argument has garnered support from other XRP advocates, including crypto founder Jake Claver, who suggested that XRP is “programmed” to reach $10,000 for institutional efficiency. He cited Ripple CTO David Schwartz, who explained that moving $1 billion at $1 per XRP requires 1 billion tokens, whereas a single token worth $1 billion could achieve the same transfer.
It remains unclear whether such astronomical valuations are achievable within the next few years, as some critics argue that they would result in market capitalizations far exceeding total global wealth. Nonetheless, other analysts believe that a $1,000 XRP price could become feasible within the decade if adoption and liquidity continue to grow at an expected pace.
In the context of this narrative, it becomes essential to consider that Aljarrah’s projection is not an isolated phenomenon but rather part of a broader vision where tokenized assets and real-time foreign exchange settlements are integrated into global financial transactions.
Source: timestabloid.com
