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XRP is expected to exceed $100 under normal conditions: Cryptocurrency founder
Date:
March 25, 2025
Alpha Lions, a bold perspective on XRP's potential.
Farina expressed his belief that under normal market conditions, the price of XRP would exceed $100. Notably, XRP is currently priced at $2.44, which is 36% lower than its all-time high. However, this price reflects a remarkable increase of 286% over the past year.
XRP enthusiasts believe the token is undervalued, and Farina points out that XRP's current value does not reflect its true potential. He emphasized that XRP is the only fully regulated cryptocurrency in the United States, and therefore, it is expected to trade at a much higher price if the market operates under 'normal' conditions.
- Announcement -
The forces that hinder XRP
Commentators, like Farina, attribute this disparity to external factors, including regulatory pressure stemming from the Ripple lawsuit. Notably, XRP faced significant challenges amid legal battles with the SEC. This lawsuit created a climate of uncertainty in the market, but its intensity eased in July 2023 when the court ruled that XRP is not a security.
Although the ruling briefly boosted XRP's price, this momentum did not last long. The price of XRP later returned to its trading levels prior to the court ruling. Enthusiasts attributed this performance to Ripple's ongoing lawsuit, believing that a final ruling would push XRP forward.
Nevertheless, the final ruling was issued in August 2024, and XRP's price remained largely stable. The major price increase for XRP came after Gary Gensler announced his resignation from the U.S. Securities and Exchange Commission in November 2024. Meanwhile, the recent announcement regarding the SEC dropping its appeal against Ripple did not further boost XRP's price.
Commentators see all these factors as creating abnormal conditions for the XRP market, hindering its expected growth.
Meanwhile, Farina noted that the largest wealth transfers do not typically occur under 'normal' conditions. This statement suggests that regardless of the challenges facing XRP, significant disruptions that erase years of underperformance could still occur.
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The largest candle in history after breaking away from Bitcoin
Farina concluded his tweet by indicating that once XRP separates from Bitcoin, the asset will experience a sharp rise. This means that XRP's price, like other altcoins, mimics Bitcoin's price performance. He hopes that XRP will break away from Bitcoin's movements and move independently.
According to Farina, this independence from Bitcoin's movements could lead to an unprecedented rise in XRP's history.
Farina wrote: "I expect to see the strongest explosive candle in history once XRP finally breaks away from Bitcoin."
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