While XRP prices remain in range stages, the team behind First Ledger claims that XRP is the norm.
In particular, XRP is facing massive consolidation following the surge in meteors from late 2024 to early 2025. Specifically, assets have been promoted nearly 600% to a peak of $3.4 between November 2024 and January 2025. However, this peak led to resistance, leading to pullback and subsequent integration.
As a result, XRP continues trading around the lower end of the price level of $2.00. This integration was initially a product of wider market turbulence. However, despite the recent breakout in which Bitcoin (BTC) retested its highest ever, XRP remains at a low level.
Not requested by current price action
In this bearish connotation, the team behind First Ledger, an XRPL-based distributed exchange platform, is It is shown That they still do not exist about the current price movement of XRP.
First ledger of x
This recent commentary resonates with previous disclosures from community figures like Versan Aljarrah, the host of Black Swan capitalists. Last August, XRP was suffering from $0.5, Aljarrah I insisted That price fluctuation is actually a distraction. He says they are diverting investors from XRP’s real value proposition.
Interestingly, experts from other industry companies have maintained similar stances, but they have maintained their assets, such as Bitcoin. Earlier this year, especially in January, Binance co-founder Changpeng “CZ” Zhao I insisted The price of Bitcoin was distracting, despite previously suggesting that 2025 could “send a year to send it.”
“XRP is the standard”
Experts like Aljarrah and CZ believe that asset prices can be distracting because the technology behind assets has real value. In particular, the first ledger team retains similar sentiments. In their recent statement, they emphasized that they are not worried about current prices as XRP is the norm.
Although they failed to highlight further details, previous commentary within the XRP community suggests that some supporters view XRP as a potential standard for cross-border payments. Panos Mekra, author of code I discussed this In a November 2023 comment, XRP highlighted its ability to provide low cost, Very fast transaction.
Meanwhile, within the same month, Versan Aljarrah He made a bold statement General price for that XRP at that time It’s a glitch in price, suggesting its true value is much higher. Aljarrah also showed that he believes in this as he expects XRP to become the “global standard” of universal money.
In particular, these commentaries show the sentiment within the community that XRP prices could reach a greater level. Critics like Barric have It was predicted Even a price of $100 could mark a cheap entry point for XRP future. Meanwhile, Cryptoguard COO Matthew Brienen Proposed XRP could reach $1,000 in 10 years.
