 ▲ Ripple (XRP) |
XRP (Ripple) could be revalued up to $100 within a new financial framework centered on institutional “digital asset treasury strategies” and the development of an on-chain yield market, according to recent projections.
On March 5 (local time), cryptocurrency media outlet Bitcoinist reported that Evernorth CEO Asheesh Birla unveiled a long-term roadmap aimed at expanding institutional adoption of XRP. The strategy includes large-scale treasury holdings, on-chain yield strategies, and plans for a Nasdaq listing, focusing on building a new market structure that connects traditional finance with the XRP Ledger (XRPL).
Birla stated that Evernorth is establishing an institutional XRP digital asset treasury backed by actual token holdings. These assets will be deployed in yield strategies within the XRPL-based decentralized finance (DeFi) ecosystem, with the goal of enabling institutional investors to generate returns directly on-chain. The company also announced plans to position itself as a key ecosystem participant by operating network validators and providing institutional liquidity.
Market observers suggest that such a strategy could alter XRP’s supply dynamics. If institutions adopt long-term holding strategies focused on yield generation rather than short-term trading, circulating supply on the market could decline while spot demand steadily increases. Birla emphasized that a blockchain-based on-chain economy would serve as a bridge to traditional finance, expanding both liquidity and efficiency simultaneously.
Evernorth is also pursuing a Nasdaq listing. If realized, institutional investors who are unable to directly hold digital assets would be able to gain indirect exposure to the XRP ecosystem through the stock market. This is viewed as a potential channel to significantly broaden the investment base for XRP-related capital.
Some market analysts believe these developments could act as a catalyst for price revaluation. Analyst X Finance Bull argued that if regulatory clarity serves as a catalyst, institutional capital as fuel, and the XRPL-based DeFi ecosystem as the growth engine, XRP could potentially exceed $100 in the long term. However, market sentiment remains cautious, as XRP has yet to surpass its all-time high reached in 2018.
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