XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is designed and it becomes tied to institutional settlement, liquidity routing, and high-value financial transfers.
XRP Commentator Says Market Cap Logic Misses The Point
Most XRP price discussions are based on market cap comparisons and circulating supply figures, which are the same models used to analyze stocks. However, according to an XRP commentator account known as CharuSan, this is a stagnant market cap logic being applied to XRP since it fundamentally misunderstands what the cryptocurrency was built to do.
XRP is meant to play as a liquidity and velocity asset; therefore, the cryptocurrency’s price should not rise only because investors are buying it on exchanges. Instead, the projection is that XRP’s price will need to be much pushed higher if institutional systems begin using it as a bridge asset for massive transfers that demand deep liquidity within seconds.
Furthermore, CharuSan XRP pointed to the size of global derivatives, stock markets, debt markets, DTCC volumes, FX settlement, banks, OTC markets, and Nostro/Vostro accounts as areas where liquidity demand could come from if they are fully integrated with the XRP Ledger. Therefore, a $500 billion or $1 trillion market cap would still be too small if XRP were expected to support these institutional trading volumes.
XRP Needs To Be $300 At Least
The price target floated by the analyst is that XRP will be mathematically forced to skyrocket to $300 in order to keep the wheels running. Notably, the $300 prediction is tied to a specific condition of full integration of XRP into major financial transfer systems. Once institutional automated software and APIs begin sending large transfer orders into liquidity pools, the market will no longer be guided mainly by small exchange buy and sell orders.
Based on that setup, the main issue would be the amount of available XRP at the exact moment a transfer needs to be completed. If billions of dollars are moving per second, institutions will not search for cheap XRP sitting on a normal order book. The systems would draw from the deepest available liquidity pool, and the unit price would need to rise if available supply cannot support the transfer volume.
Interestingly, the latest post is part of a series from CharuSan XRP on how XRP could reach $300. In the previous part, he focused more directly on On-Demand Liquidity and the difference between circulating supply and truly available XRP. He gave the example of a $200 billion bank transfer.
If XRP were priced at $20, such a transfer would require 10 billion XRP, which would be difficult to support if the system were handling not just one bank but thousands of banks and institutions at the same time. RippleNet currently has over 300 banking partners, and about 40% are actively using On-Demand Liquidity.
