XRP, Is $300 a Realistic Outlook?...Analyst: 'It Won't End at $5 or $10'

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A forecast has emerged that XRP could surge to $300 if adopted as a global payment asset by the banking sector. However, this forecast is not merely a price prediction but is based on the argument that a high price point is necessary for XRP to function as a real liquidity conduit in large-scale international payment networks.

According to NewsBTC on May 14 (local time), market analyst CharuSan XRP predicted that XRP could rise to $300 after the passage of the US crypto market structure bill. He believes that if banks begin to adopt XRP globally after the bill's passage, token demand will expand, and more capital will move through XRP, triggering a price increase.

CharuSan pointed out that the prediction that XRP would remain at $5 or $10 indicates a misunderstanding of how banking infrastructure operates. He mentioned that Ripple is already collaborating with major infrastructure providers such as Volante, ACI, Worldwide, and FINASTRA, explaining that these companies do not operate individually like separate banks but act as vast networks connecting thousands of financial institutions simultaneously.

He argued that Ripple does not need to sign individual contracts with every single bank. The logic is that once connected to a central cloud, banks tied to that system can access XRP liquidity. CharuSan also believes that the view that it would take years for XRP's market value to rise does not accurately reflect reality, considering the speed of software world adoption.

CharuSan argued that if XRP remains at the $10 to $20 level, it would not be sufficient to handle enormous international payment volumes. He emphasized that the higher the XRP price, the greater its ability to process large-scale global remittances more quickly, stating that the $300 price point is not a speculative number but a necessary scale for payment infrastructure.

He also refuted the claim that Ripple's stablecoin RLUSD would be used for global bank transfers instead of XRP. CharuSan argued that with a supply of only 1.5 billion RLUSD, it would be difficult to handle multi-trillion dollar DTCC transfers or even the demand from 0.10% of the world's 13,000 banks. In contrast, with a circulating supply exceeding 61.7 billion, XRP is more suitable for the role of a global payment asset. He added that a high market value for XRP is mathematically necessary to reduce volatility and bottlenecks in the global financial system.

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