Expert Pumpius shared his insights on the potential impact of Ripple's license on the price of XRP, suggesting it could reach $50.
Pumpius's Analysis on Ripple's License
In a recent thread on platform X, Pumpius, who has been in the crypto space since 2013, introduced what he calls the "$50 XRP trigger." He linked this to Ripple's application for a national trust bank charter under the U.S. Office of the Comptroller of the Currency (OCC), stating, "XRP doesn’t crawl to $5 or $10. It detonates straight to $50+."
Impact on Ripple's Access and Authority
Pumpius argued that such approval would provide Ripple with "direct access to the Federal Reserve" and give the company authority to custody digital assets, issue stablecoins, and settle securities transactions. He emphasized that this would enable Ripple to bypass traditional banking structures, using XRP as the bridge to tokenized finance.
Liquidity and XRP Market
The expert pointed out that global bank settlements reach $6.6 trillion daily, and routing even a small portion of this through XRP’s fixed supply could have significant price implications. He highlighted that settlement demand at scale requires deep liquidity, and integrating XRP within a regulated bank structure could capture enough transaction flow to drive prices substantially higher.
Pumpius concluded that if the OCC grants approval to Ripple, XRP will be viewed as part of the U.S. financial infrastructure, potentially leading to substantial price increases.
