XRP Analyst: Speed Holds Back Token from Reaching Extreme Targets

An analyst believes XRP could be on the verge of a significant price movement, but notes that its speed is also its biggest obstacle.

XRP's ability to settle transactions quickly can actually work against it in terms of driving up prices through payment volume alone. In order for XRP to reach extreme targets, it needs to stop being used primarily as a payment coin and start acting like a U.S. Treasury, serving as collateral for institutional loans and derivatives.

The analyst argues that without this structural shift, the aggressive bull case for XRP simply doesn't hold up. This means that XRP would need to transition from being a fast settlement coin to becoming a more stable store of value, which could be a challenging task.