XRP Price Could See Sharp Repricing as Ripple Gains US Policy Credibility

A market analyst claims that XRP's price is undervalued due to Ripple's growing visibility in US policy circles and decreasing regulatory uncertainty. The analyst points out that Ripple CEO Brad Garlinghouse was seen near President Trump and senior administration figures, indicating the company's credibility.

The analyst cites several factors supporting this view, including a larger circulating supply, Ripple's efforts to bring financial institutions to the XRP Ledger, and the outcome of the SEC litigation, which provided clarity that XRP is not a security.

Based on these factors, the analyst argues that XRP should be worth at least five to 10 times its 2017 level. The analyst also mentions three near-term catalysts: progress on the Clarity Act, an end to concerns about interest-rate increases, and a fading market reaction to the conflict in Iran.