XRP’s Price Stagnation Linked to Institutional Strategy
- A Citibank document initially used the term “Regulated Internet of Value” before shifting to “Regulated Liability Network,” suggesting a potential link to Ripple.
- XRP reached $3.84 during the 2018 bull run and $3.60 in a later cycle but has largely moved sideways since, unlike Bitcoin.
- Researcher Jesse from Apex Crypto Insights suggests XRP’s price may be suppressed due to its potential role in a new financial settlement system.
- The concept of an “internet of value” is linked to Ripple’s Interledger Protocol, aimed at moving value like information on the internet.
- Citibank and the Bank for International Settlements have discussed unified ledger systems that could replace traditional banking networks like Swift.
Jesse’s analysis connects XRP’s stagnant price to its potential integration into institutional financial systems, where volatility would be undesirable for a reserve or settlement asset. This perspective aligns with discussions by major banks about creating new settlement frameworks.
Despite these insights, no concrete evidence of price manipulation is presented, leaving the theory as speculative interpretation rather than proven fact. (Source)
