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▲ XRP
A senior Ripple executive directly refuted the market perception that XRP's price does not reflect actual demand, reigniting the debate surrounding XRP's valuation criteria.
According to The Crypto Basic, a cryptocurrency specialized media outlet, on April 24 (local time), Markus Infanger, Senior Vice President at Ripple, stated regarding claims of a discrepancy between XRP's price and actual demand, “There is no gap between price and demand.”
Infanger emphasized that the XRP Ledger is expanding beyond simple payment use cases into financial infrastructure. He explained that actual demand within the XRP-based ecosystem is gradually increasing, especially with the rise of asset tokenization and institution-centric utilization.
He also pointed out that a large volume of assets in the global financial system has not yet been moved on-chain, and even if only some assets are moved, significant changes in market structure could occur. This trend, he explained, is acting as a factor to increase the utilization of the XRP Ledger.
Regarding the 'lack of demand relative to price' argument raised by some parts of the market, Infanger diagnosed that structural changes are already underway. He specifically emphasized that as enterprise and institution-centric use cases increase, the method of price formation is also gradually changing.
These remarks directly refute the XRP undervaluation debate from an internal perspective, showing a trend of expanding demand and evolving market perception.
*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.*
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