The London Fund manager explains the reason for the high price of XRP despite the approval of the banks

The XRP price continued in investor puzzles, with many interrogating why it did not rise despite the increasing institutional use.

It is worth noting that XRP is circulating at $ 2.33, a decrease of 2.54 % over the past day and 20 % in the past eight weeks.

Why is the price of XRP “moving”

Digitalg, the director of funds in the former London city, moved to X to address Fears emanating from this declining direction. He suggested that the answer to the performance of XRP prices is in the two Ripple system. This indicates the company’s use simultaneously to the public XRP LEDGER (XRPL) And a special version used by banks.

According to Digitalg, financial institutions may get large quantities of XRP through the private professor’s book. This provides LEDger currency services and institutional payments of the Central Bank (CBDCS) and institutional payments.

Unlike the General XRPL, this private professor’s book works with restricted access, control over the control, central governance, and may remain transactions outside the open market.

Digitalg claims that this distinction can hide the true value of XRP, because institutional demands are not reflected in public exchange rates. “Some organizers can suggest that it is fraudulent to hide the real price of the original,” to caution.

Meanwhile, a member of a community stabbed this view, on the pretext that the price of XRP is not particularly impressive because many retailers keep it. According to him, XRP “was not really designed for young investors to keep it.” This commentator suggested that the institutions first try to pricing retailers before sending the XRP price.

in answerDigitalg asked the commentator to imagine the sale of one of the assets of $ 2.30 when its real value was actually $ 15,840 – this value was hidden from the general public.

The private professor’s book from Ripple and XRPL “to integrate” and increase the price of XRP

Meanwhile, in his comment, Digitalg speculated this Special professor’s notebook controls The Professor XRP notebook will be combined on July 14, which, in his opinion, can lead to a major transformation in the market for XRP.

However, this bold claim raised eyebrows among members of society, especially because they carry a specific date of implementation. Meanwhile, Digitalg failed to provide a reliable source to support the claim.

When clicking on the source, Digitalg was martyred with a sign that the Fedwire Services will be implemented ISO 20022 on the aforementioned date. How is this specifically related to ripples and the Professor XRP book is still clear, and members of society have noticed this imbalance.

This is Fedwire Chair Fednow. Find the difference and return to us. 🙂

– Leters’SGO12 (@letsgo7777) March 16, 2025