XRP's Path to $3.84: A Slow and Grinding War of Attrition

XRP's price has stagnated at around $1.30, far below its all-time high of $3.84 reached in 2017-2018.

The XRP Army remains optimistic about the token's potential, with some predicting a return to $5-$10 by the end of the next bull cycle.

However, the supply inflation caused by Ripple's monthly escrow releases has made it difficult for XRP to reach its previous ATH.

To reach $3.84 today, XRP would need a market cap of around $242 billion, which requires deep institutional liquidity.

The number of XRP holders who are at a loss is approximately 63%, and the realized price of XRP is around $1.30, creating massive friction on the charts.

In contrast, the XRP Ledger has seen significant growth in active addresses and tokenization initiatives, with over $5.4 billion in tokenized assets already living on the network.