XRP is currently trading near its lowest level since November 2024, despite increased network activity and interest from institutional investors.
Despite this, Rakuten Wallet senior analyst Yasuo Matsuda gave a positive outlook on XRP , calling the token unique in the digital asset market. Rakuten Wallet is a well-known financial platform in Japan, known for its active support of regulated cryptocurrency trading.
Matsuda cited the design of XRP , which was developed as a cryptoasset for remittances. This important functionality will ultimately impact XRP's market capitalization and price . He believes a revaluation is only a matter of time.
Analysts outside of Japan have expressed similar opinions. A German financial expert emphasized XRP's technical position , calling it "severely oversold." The term "oversold" refers to a situation where the market price of an asset is lower than technical indicators indicate.
Certain indicators point to increased activity on the XRP ledger . For example, the number of active addresses in August increased by approximately a third compared to July, with August 11th being the most active day.
The volume of transactions using AI agents based on the x402 protocol on the XRP ledger has approached 2 million, reflecting the growing integration of advanced settlement technologies.
It is also worth noting that the XRP issuer aims to modernize the global financial infrastructure with real-time cross-border settlement solutions.
Ripple's chief commercial officer , Rhys Merrick, noted that the company's mission includes "reinventing the financial system" with a focus on institutional adoption, the tokenization of real-world assets, and expansion into regions such as the Middle East.
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