XRP’s price stagnation has left investors anxious, but expert Edoardo Farina suggests that even if it hits $50, holders will still yearn for higher targets like $100. Read on to explore the ongoing price anxiety and future potential of XRP. XRP, one of the most recognized digital assets, has seen its fair share of volatility. Currently trading around the $2 mark, many in the XRP community have expressed concerns over the coin’s stagnating price. Despite Ripple’s significant advancements and major news from the company, the price of XRP has remained in a holding pattern, frustrating many long-term holders.
Edoardo Farina, founder of Alpha Lions Academy, recently sparked a conversation on Twitter, reflecting on a recurring sentiment within the cryptocurrency space. According to Farina, once XRP eventually reaches $50, there will still be complaints from investors. Why? Because there will always be those who’ll wish the price was higher, potentially hoping for a $100 XRP.
This commentary taps into a common theme in the world of crypto: the constant hunger for higher prices. The more an asset grows, the more people yearn for even greater gains. In the case of XRP, this sentiment has become a focal point as the coin has languished around the $2 level for weeks, leading many to question whether the digital asset will ever break free from its plateau.
The Struggle with Stagnation
XRP’s price has been in a consolidating phase for the past three months. After reaching a high of $3.34 in late January, the price saw a sharp dip, hitting as low as $1.64 before bouncing back to the $2 range. This pattern of stagnation has left many investors frustrated and increasingly anxious.
In recent months, Ripple has made headlines with numerous developments, yet none have resulted in the major price movements that some had hoped for. This disconnect between Ripple’s real-world progress and XRP’s price action has led to a sense of impatience among holders.
However, Farina encourages the XRP community to take a step back and appreciate how far the token has come. Just five months ago, XRP was trading at a mere $0.49. During that time, frustration was at its peak as XRP failed to keep pace with the broader bull market.
In just a matter of weeks, however, XRP reversed its trajectory and surged upwards, clearing nearly seven years of underperformance. Even with the recent dips, XRP’s price is up by an impressive 327.81% on a yearly basis. In contrast, other major cryptocurrencies, such as Solana and Ethereum, have seen their yearly returns turn negative. Ethereum, in particular, is trading 48% below its value from a year ago.
The Price Anxiety Will Continue
Despite this progress, Farina predicts that even if XRP were to hit $50 per token, the anxiety about its price would not end. Instead, holders would start wishing for $100 XRP, highlighting an issue that is common in the crypto world: the constant drive for higher prices.
Interestingly, this is not a new sentiment. Last year, analyst Amonyx speculated that XRP could hit $50, though such a price would imply a $5 trillion market cap—a figure some critics argue may not be realistic. However, Farina believes that the anxiety surrounding XRP’s price will only grow as it reaches new milestones. Even at $50, holders would inevitably begin to look for higher targets.
This feeling is not isolated to XRP. Community figure BarriC once suggested that in a few years, an XRP priced between $10 and $15 would be considered “cheap.” Looking even further ahead, by 2033, the price range considered “cheap” could rise to anywhere between $100 and $500.
This notion reflects a broader trend in the cryptocurrency space: as assets mature and reach higher valuations, they are subject to a new level of expectations. In the case of XRP, it’s clear that no matter how high the price goes, some investors will always desire more.
The Road Ahead
While it’s impossible to predict exactly where XRP will go in the coming years, it’s clear that the price anxiety surrounding the asset is unlikely to subside anytime soon. For those who are long on XRP, it’s important to remember that progress is often slow, and patience is key. If the coin does hit $50 or even $100 in the future, there will undoubtedly be new anxieties about where it could go next.
As with any investment, it’s crucial to understand the long-term potential and avoid getting caught up in short-term fluctuations. The crypto market is known for its wild swings, and XRP is no exception.
For now, holders should take a moment to appreciate how far XRP has come, while keeping an eye on its potential for future growth. Whether it reaches $50, $100, or beyond, the journey is bound to bring new challenges, and with them, new opportunities for those who choose to stay the course.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.