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Expert Says When Banks Start Using XRP, We’ll See Insane Prices Like $500 to $1,000 Per Coin
May 5, 2025
BarriC, a prominent voice in the XRP community, has boldly claimed that banks and financial institutions have not yet fully adopted XRP. He bases this belief on XRP’s relatively low price, as the coin continues to trade around $2. According to BarriC, a significant indicator of widespread bank adoption would be a much higher price point.
Current Prices Reflect a Pre-Adoption Phase
He asserted that the price of XRP could soar into the hundreds or even thousands of dollars once global banks begin actively utilizing the digital asset. BarriC suggested that the value of XRP could reach levels such as $100, $500, or even $1,000 per coin once banks begin adopting it.
The analyst believes XRP’s current price of around $2 is evidence that widespread institutional adoption has yet to occur. As a result, he emphasized that this is a rare opportunity to accumulate the coin at low prices before its full utility through adoption by financial institutions.
“No More Cheap XRP Ever Again”
The community commentator believes that once global financial institutions fully integrate XRP into their payment infrastructure, particularly through Ripple’s payment solution, the asset’s price will experience exponential growth. He boldly claimed that XRP could skyrocket past $100 once this occurs and even reach $500 or $1,000 per coin.
He concluded the post with a warning to current investors and skeptics: there will be “no more cheap XRP ever again.”
This latest prediction aligns with BarriC’s history of ambitious calls to accumulate XRP while it remains “cheap.” He previously argued that, in the future, $500 per coin may be considered a bargain.
Indeed, such predictions have energized many XRP holders. However, critics caution that price projections in the hundreds would require a market capitalization that surpasses major tech giants like Apple and Google. Consequently, they dismiss such outlooks as far-fetched.
Clarification on XRP, Bank Use, and Price Movements
Meanwhile, the claim that XRP’s low price is due to banks not using it remains speculative. Proponents of this view often argue that a price in the $100 to $1,000 range is necessary to provide the liquidity needed for trillion-dollar transactions.
However, Ripple has clarified that its payment software does not directly influence the price of XRP, either bearishly or bullishly.
Additionally, analysts have noted that the current liquidity available through XRP is insufficient to process trillion-dollar transactions. In essence, XRP’s price will not magically soar into triple digits solely for this purpose.
Moreover, a number of financial institutions already use Ripple’s payment network. Specific examples include Tranglo and SBI Japan. It is worth noting, however, that while XRP is integrated into Ripple Payments, it is not a mandatory component.
Essentially, banks can use Ripple’s product without necessarily utilizing the XRP token. Indeed, some could prefer using a stablecoin like RLUSD.
Nonetheless, despite these facts, many XRP supporters remain optimistic that bank adoption could eventually drive XRP to astronomical prices.
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