"I thought it would explode like Hyperliquid"...XRP Investors, Expecting $62.5, 'Despair'?

▲ XRP, Cryptocurrency Security/AI Generated Image

An analysis suggests that it will not be easy for XRP to repeat Hyperliquid's (HYPE) explosive price surge. As Hyperliquid showed the most notable surge in the cryptocurrency market in May, soaring to an all-time high near $62.5, voices hoping for the same trend grew among XRP investors who have experienced a prolonged slump.

U.Today reported on May 23 (local time) that while Hyperliquid's surge was an event that shook the cryptocurrency market in 2026, XRP must overcome the hurdles of token structure and technical resistance to replicate the same price success. Hyperliquid continues its upward trend based on a deflationary model that allocates 97% of its profits to token buybacks, whereas XRP has been stuck below its 50-day, 100-day, and 200-day exponential moving averages, showing a prolonged period of stagnation.

U.Today pointed out that if retail investors expect a parabolic rise like Hyperliquid, they must face the differences in tokenomics. Hyperliquid is rising based on scarcity and a continuous buyback structure, while XRP is an asset with a supply in the billions. For XRP to reach a similar parabolic trajectory, billions of dollars in capital inflow would be needed, but the current market analysis suggests that such funds do not exist.

Institutional fund flows also showed the difference between the two assets. U.Today explained that large capital is accumulating XRP in a gradual and systematic manner, rather than through a speculative frenzy. This week, the net inflow into XRP spot ETFs was $12.57 million, and total assets under management increased to $1.15 billion. In contrast, Hyperliquid attracted $63.96 million during its first 8 days of US spot ETF trading, siphoning off not only XRP ETF funds but also some Bitcoin (BTC)-related capital flows.

XRP's most realistic driver is coming from the regulatory front, rather than overheated speculative demand. The US Senate Banking Committee passed a bill on the structure of the US cryptocurrency market, and it was suggested that if adopted in June, this bill could create a foundation for long-term institutional capital inflows into XRP. However, U.Today believes that this bill is unlikely to immediately trigger a speculative surge.

While FOMO among retail investors for Hyperliquid grows, XRP holders must accept a scenario of gradual organic growth. XRP holdings on exchanges are decreasing, with Binance's XRP holdings falling to 2.74 billion. However, even with positive outcomes from the Senate, the market's realistic target is closer to a return to $2 to $2.8 within the year, and there remains a risk of a drop to $1 if the $1.35 support level is breached downwards.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*