Top Banker Says XRP Cannot Remain Cheap Long Term & Retail Investors Will Be Priced Out

Treasury Management expert predicts a bullish future for XRP as institutional adoption grows and foresees retail investors getting priced out.

In a recent tweet, Shannon Thorp, a Treasury Management expert at a prominent global bank, expressed a compelling perspective on the future of XRP, asserting that the digital asset cannot remain cheap in the long term.

With a clear understanding that price predictions are uncertain, Thorp emphasized the belief shared by many that XRP’s value will inevitably rise.

Let’s talk $XRP! A few of you have asked about price prediction, time frames, etc. While no one can predict price, I will say (and I think we all know this) the price of XRP cannot be cheap. What’s more, Retail will be priced out of XRP at some point. I see a lot of non-sense…

— Shannon Thorp (@thorpshannon87) July 18, 2023

XRP Retail Investors Will be Priced Out

The notion that retail investors may eventually find themselves priced out of the XRP market was a pivotal point put forth by Thorp. She dispelled the idea of XRP price pumping only to get dumped by retail investors by arguing that retail participants comprise only 1% of the XRP space.

The financial expert expressed that as significant players like the Federal Reserve, banks, and businesses begin to funnel their funds into XRP, this 1% retail share will be overshadowed, akin to a minnow in a vast ocean.

Therefore, Thorp contended that retail investors would not significantly impact the XRP’s price. Instead, the influx of institutional investments will likely drive XRP’s value upward while enabling higher transaction volumes.

Potential XRP Adoption

Drawing parallels to the unchanging cash management system she encountered throughout her extensive career, Thorp highlighted how banks tend to follow the lead of the Federal Reserve. She noted that just as banks align their operations with the Fed’s schedule, the same pattern could emerge in crypto.

In light of the recent FedNow launch, Thorp anticipated that other banks would follow suit with similar technology, potentially amplifying the adoption of XRP as a preferred mode of money movement. It is worth mentioning that FedNow, a new instant payments service developed by the Federal Reserve, is not using XRP, as The Crypto Basic reported.

While there may be no official relationship between FedNow and XRP, some people believe that XRP could be used to power FedNow because of its efficiency property well-suited for instant payments.

Ultimately, Thorp’s analysis stands as a compelling argument for a bullish outlook for XRP. The asset’s price is expected to experience significant growth as adoption and integration by major financial players continue to rise.