The founder of Black Swan Capitalist, Versan Aljarrah, claims that the price of XRP is being systematically suppressed through a coordinated network of exchanges, regulatory frameworks, and liquidity infrastructure.
He believes that the current price does not accurately reflect the utility and level of adoption of XRP. The SEC lawsuit against Ripple in 2020 is described by him as a 'strategic economic war,' occurring just as XRP began to appear on Bloomberg and major news channels.
As a result, institutional capital in the US was frozen, XRP was delisted from many major exchanges, creating a legal wall that halted its growth.