XRP Price Lags Behind Network Fundamentals, Analysts Predict Repricing
Rakuten Analyst Calls XRP 'Uniquely Exceptional' as Price Lags Behind Network Fundamentals
XRP is trading near its lowest levels since November 2024, yet on-chain activity and institutional investor interest continue to rise. Analysts in Japan and Europe argue that a repricing may be overdue due to the disconnect between price and network fundamentals.
Yasuo Matsuda, senior analyst at Rakuten Wallet, described XRP as 'uniquely exceptional' within the digital asset landscape, pointing to its original design as a remittance-focused cryptocurrency. He believes that this fundamental utility will eventually be reflected in XRP's market capitalization and price.
A German financial expert characterized XRP as 'brutally oversold,' a technical condition indicating the asset is trading below levels supported by underlying data. Institutional investors, including Ironbridge Private Wealth, have disclosed significant positions in XRP ETFs, reflecting speculative optimism about a potential rebound.