A target price makes no sense without a clear valuation model, indexed on:

the actual volume of interbank flows routed by ODL,

the velocity of the token (V = PQ/M),

the truly liquid supply (net of inactive wallets and locked Ripple Treasury),

and the implicit valuation multiple vs. M0/M1 if XRP became a monetary rail at the CBDC level.

For example: a price of 10 $ implies that XRP handles more than 10 T$ annually of recurring flows, assuming a high recycling rate and a minimal floating reserve. No current on-chain model validates this scenario before 2027.

Dreaming of a 1 000 $ without understanding the transactional friction ratio (liquidity depth vs. slippage cost) is to confuse hope with monetary engineering.

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