Ripple (XRPUSD)

[ap17]

Interesting explanation why xrp isn't moving YET.

London Fund Manager Explains Why XRP Price Isn’t Rising Despite Adoption from Banks
The XRP price action has continued to puzzle investors, with many questioning why it hasn’t surged despite growing institutional use.
Notably, XRP is trading at $2.33, down 2.54% over the past day and 20% in the last eight weeks.

Why XRP Price Isn’t “Moving”
DigitalG, a former City of London fund manager, took to X to address the concerns emanating from this downtrend. He suggested that the answer to XRP’s price performance lies in Ripple’s two-ledger system. This refers to the company’s simultaneous use of the public XRP Ledger (XRPL) and a private version used by banks.

According to DigitalG, financial institutions may be acquiring large volumes of XRP through the private ledger. This ledger caters to Central Bank Digital Currencies (CBDCs) services and institutional payments.

Unlike the public XRPL, this private ledger operates with restricted access, controlled visibility, and centralized governance, potentially keeping transactions off the open market.

DigitalG claims that this distinction could be masking the true value of XRP, as institutional demands do not reflect in public exchange prices. “Some regulators could suggest it is fraudulent to conceal the true price of an asset,” he warned.

Meanwhile, a community member challenged this view, arguing that XRP’s price isn’t particularly impressive because so many retail investors hold it. According to him, XRP “was never really designed for small investors to hold.” This commentator suggested that institutions would first try to price out retail investors before sending XRP’s price soaring.
In response, DigitalG asked the commentator to imagine selling an asset for $2.30 when its true value was actually $15,840—yet that value was concealed from the general public.

Ripple’s Private Ledger and XRPL “to Merge” and Boost XRP Price
Meanwhile, in his commentary, DigitalG speculated that the private ledger Ripple controls and the public XRP Ledger will merge on July 14, which, in his view, could drive a significant market shift for XRP.

However, this bold claim has raised eyebrows among...read the rest in comments
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