CoinDesk Report:
Researcher and host of “Kuwl Show,” Rob Cunningham, boldly asserts that XRP’s intrinsic utility remains impervious to any large-scale financial attempts to undermine it.
XRP’s Immunity to External Forces
In a recent post on X, Cunningham expressed a daring viewpoint, stating that expenditures as high as $1 trillion cannot negate or diminish XRP’s value proposition. According to him, XRP’s unique value proposition is akin to fundamental principles such as truth, laws, and mathematics, impervious even to the largest financial amounts.
Cunningham elaborated that XRP significantly reduces global payment friction, fraud, costs, and foreign exchange expenses. Beyond addressing these issues, it also resolves inefficiencies in inter-account settlements with settlement times as quick as 3-5 seconds.
Researchers believe these features highlight XRP’s capability to fundamentally transform the global financial system, albeit resistance forces can only do so much against it.
XRP’s Robust Technology to Drive Long-term Value
Cunningham emphasized that no other financial system or digital asset compares to the utility level provided by XRP. He underscored that XRP’s true value lies in its protocol and technology. He expects that as the market recognizes this value, XRP’s price is anticipated to reflect it.
As of the time of writing, XRP traded at $0.3911, experiencing a 12.54% decline over the past day amid bearish pressures across the market.
“Even spending $1 trillion cannot negate or diminish truths, laws, or mathematics. Law is law, utility is utility. Period. XRP fundamentally reduces global payment ‘friction,’ fraud, costs, FX fat, and nostro/vostro ‘dead money’ opportunity costs in 3-5 second settlements…” — Rob Cunningham | KUWL.show (@KuwlShow) July 5, 2024
Cunningham’s insights reinforce growing recognition of XRP as a force for global financial transformation. Prominent financial institutions like Ripple leverage XRP to expedite business facilitation for global corporations at lower costs.
Institutions such as JPMorgan recognize XRP and Ripple as significant players in unlocking $120 billion of cross-border payment value within traditional systems.
Given the scale of the global payment market XRP serves, ambitious commentators like Cunningham do not believe this asset will remain undervalued as it is today.
More conservative voices speculate its value could range between $5 to $10. Meanwhile, others foresee future values for XRP potentially reaching $10,000, though such prospects are unlikely to materialize.
