Evernorth "XRP, Real Value is Real-World Utility"

▲ XRP/AI generated image

A claim has emerged that the true value of XRP lies not in its price but in its utility for connecting financial systems.

According to The Crypto Basic on August 6 (local time), Sagar Shah, Chief Business Officer at Evernorth, stated in an X (formerly Twitter) Q&A, “Why is XRP still only discussed in terms of price? XRP was designed for the movement of value.” Shah emphasized that while cryptocurrency prices constantly fluctuate and attract media attention, long-term value should be judged by actual utility.

Shah explained that XRP is designed to efficiently move value by connecting currencies, markets, and financial systems. He cited liquidity provision, cross-border payments, lending, and tokenized assets as key use cases. He argued that what function XRP performs in the ecosystem is a more important signal than its trading price.

Bill Morgan, an Australian lawyer and XRP supporter, countered that price cannot be excluded. Morgan said, “The XRP community has heard stories about price, which is why price discussions continue.” He explained that investors have expected increased utility to lead to an increase in XRP’s value.

Morgan pointed out that price is an important evaluation criterion even for Evernorth investors, who operate businesses centered around XRP. Dustin Shively, an X user, criticized Shah's remarks as being out of touch with investors' expectations. Community figure WoK also expressed surprise that Evernorth published the post.

This debate highlights a clash between the view of XRP as a technology for payments and tokenization, and the investor perspective that increased real-world use should translate into price appreciation.

[Article Summary]

-Sagar Shah, Chief Business Officer at Evernorth, argued that XRP's long-term value should be assessed by its utility rather than its price.

-Shah presented liquidity provision, cross-border payments, lending, and tokenized assets as key use cases for XRP.

-Bill Morgan and some community members countered that increased real-world use and price appreciation cannot be separated.

*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.*