While many digital assets are tied to short-term market trends, some analysts take a different approach when assessing XRP's long-term potential. Instead of focusing on speculative trading cycles, a cryptocurrency analyst named BarriC (@B_arri_C) has argued that XRP reaching $1,000 would not be the result of an altcoin season rally. Rather, this analyst believes that this move is due to increasing long-term utility demand.
The distinction between speculation and utility is central to BarriC's viewpoint. Altcoin rallies, often driven by short-term hype, usually lead to strong price increases followed by significant corrections.
However, BarriC argues that XRP's true potential lies beyond these cyclical price surges. This analyst believes that price volatility tied to utility will be more sustainable and less affected by sharp corrections.
Community Reaction to Utility Companies' Price Surge
BarriC's post has generated various responses within the XRP community. While some people support the analyst's viewpoint, others express concerns about the current price and the conditions for XRP to achieve such a high valuation.
A commenter admits that they are disappointed with XRP's current price. The asset has recently experienced a significant correction and has yet to regain the $3 support level.
However, she remains optimistic, stating that even if the token rises and then falls, she still expects positive developments in the long term. This indicates that a segment of the community remains committed despite stagnant prices.
Another community member agrees with BarriC's assessment, pointing out that an alt-season price surge could push XRP to a range of $25 to $50. However, he also notes that such a rally could lead to a significant collapse, potentially up to 75%.
He distinguishes this from price increases driven by utility, which have little to no price correction, indicating that increasing utility and demand could provide a more stable growth trajectory. In this context, the $1,000 price target is not tied to speculation but rather to the gradual expansion of utility and real-world adoption.
Long-Term Focus on XRP's Proposed Value
For XRP holders who differentiate between market cycles and structural growth, BarriC's assertion serves as a reminder to look beyond short-term price fluctuations. Other experts in the cryptocurrency field also agree with BarriC that XRP could reach $1,000, and its increasing utility reinforces this outlook.
Utility and adoption potential will play a decisive role in shaping XRP's price trajectory in the future. Although $1,000 may seem like a distant target, XRP indeed has a clear purpose, and many experts believe there are no limits.
