![]() Her estimate leads to the conclusion that at any point in time there could be 50 to 75 billion XRP supporting Liquidity Strength (LS), distributed among about 300 to 1000 different banks, liquidity providers, and governments, worth about 75 million XRP/dollars per institution.Ĭonsidering J.P. To arrive at his price forecast, Thorp takes into account various elements, such as all global banks, burned XRP, individual holdings, XRP distributed to large banks and originators, and tokens available on liquidity hubs and exchanges. However, Thorp recognizes the difficulty of conducting large transactions with limited liquidity strength, as it could require a significant portion of a bank’s XRP holdings. Instead, she takes into account the total supply of XRP, including circulating supply, burned tokens, tokens owned by banks, governments, and individuals, while also assuming that Ripple has released all of its XRP from escrow.īased on real-world examples, Thorp compares the potential of XRP to SWIFT, a global messaging system used by banks to handle about 44.8 million messages a day.Įven if only capturing 30% of SWIFT’s daily value, which she estimates at $7 trillion, XRP could reach a staggering daily value of $2.1 trillion (about 13.2 million messages), considering its fast settlement time of 1 to 5 seconds. Thorp argues that basing price predictions on traditional stock logic is counterintuitive to the original vision of the Ripple team, since XRP is not a stock. However, Thorp introduces a new concept called Liquidity Strength (LS), which she believes is a key metric for forecasting the value of XRP. One side relies solely on the graphical patterns and trends exhibited by Bitcoin to derive short-term price predictions, while another emphasizes the importance of XRP’s utility and partnerships as major factors in its price. ![]() Thorp’s approach to predicting the future value of XRP takes a novel perspective that departs from existing debates within the XRP community. Thorp’s bold prediction of the Ripple (XRP) crypto ![]() ![]() Thorp’s bold prediction of the Ripple (XRP) crypto. ![]()
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