What to Know:
- XRP may transition to a wholesale-only asset by 2030, according to AI startup founder Vincent Van Code.
- This shift would limit retail access to XRP through ETFs and market makers.
- Institutional adoption for cross-border settlements is a key driver behind this prediction.
Vincent Van Code, a software engineer and AI startup founder, predicts a significant shift for XRP, suggesting it may become a wholesale-only asset by 2030. This projection implies that direct retail sales of XRP tokens could cease, with access limited to institutional channels. The change may impact how investors and traders interact with XRP in the coming years.
Van Code’s assertion is influenced by the recent launch of the Bitwise XRP ETF, which uses the ticker “XRP.” He believes this is part of a broader strategy to position the native XRP token for wholesale settlement, custody, and transfers. In this scenario, retail investors would primarily gain exposure to XRP through ETFs and other market-maker-style instruments.
XRP holders don’t know what you hold.
The play book is just progressing along. Native XRP will be wholesale only by 2030.
Settlement, custody, transfers. Retailers will only have access through the ETF market, and other market maker style exposures. pic.twitter.com/x9nQ11UH9T
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The prediction hinges on the idea that institutions will increasingly utilize XRP for cross-border settlements. With the potential to capture a significant portion of the $250 trillion market, XRP’s role in facilitating these transactions could drive demand. This would lead to large banks, fund managers, and digital asset treasury companies accumulating substantial holdings of XRP.
If Van Code’s timeline holds true, the transition to a wholesale-only asset is less than five years away. This shift could significantly alter the dynamics of XRP trading and investment. It may also affect the token’s price as institutional demand potentially outstrips the available supply for retail investors.
In conclusion, the potential transformation of XRP into a wholesale-only asset by 2030 presents a compelling outlook for the digital asset. While this projection remains speculative, it underscores the growing institutional interest in XRP and its potential role in the future of global finance.
Source: Original article
