Despite Stagnant Price Action, XRP Community Remains Anxious About Its Future Potential

As XRP sits at $2, many investors express concerns about stagnating prices. However, Farina argued that when the price of XRP eventually soars to $50

Edoardo Farina, founder of Alpha Lions Academy, recently reflected on the anxiety that often plagues the XRP community over its price performance. As the coin sits at $2, many investors are visibly flustered by the lack of progress in recent weeks. However, Farina argued that when the price of XRP eventually soars to $50, there would still be complaints. According to him, some people will likely be too focused on wishing it had gone even higher, perhaps to $100.

"People will be complaining that xrp is not performing well and that it should be worth $100."

This commentary highlights a recurring sentiment: no matter how much progress or growth a coin makes, there’s always a feeling that it should have been more. This reflection comes at a time when the XRP price has seen no optimistically significant movement at the $2 mark for weeks.

How Far XRP Has Come

Over the last three months, the price of XRP has been in a ranging pattern, with more dips than upward movement. After reaching $3.34 in late January, the price dipped to $1.64 but has since rebounded to the $2 range. The asset has maintained this position longer than many enthusiasts expected, and frustration has started to set in. The lack of movement becomes even more pressing when considering major news from Ripple in recent months that has failed to significantly move XRP’s price.

Amid this anxiety about further progress, Farina’s tweet calls for a reflection on how far XRP has come. He urges enthusiasts to appreciate the progress the asset has made up until its current position.

Notably, just five months ago, XRP traded as low as $0.49. At the time, frustration about XRP’s movement was at its peak, as the coin lagged behind the broader bull market momentum. However, in one fell swoop, XRP reversed its course and cleared nearly seven years of underperformance in a matter of weeks.

Even though XRP has dipped by 33% in the last 12 weeks, it still maintains an impressive yearly gain of 327.81%. In contrast, other top rivals like Solana and Ethereum have seen their yearly gains turn negative. In fact, at its current price of $1,583, Ethereum is trading at an astonishingly 48% below the price it traded at a year ago.

Anxiety About XRP Price to Continue Even Above $100

Given the holders’ tendency to forget past progress, Farina expressed that even if XRP were worth $50 per token, holders would still lament that the coin is underperforming and should be worth $100. Even at that point, the anxiety may not subside.

Meanwhile, the XRP community has witnessed contrasting opinions about its potential to reach $50. For instance, last August, analyst Amonyx argued that XRP could hit $50 and there is nothing anyone can do about it. However, with a $50 leading to a $5 trillion market cap, some critics have suggested the price mark might not be currently realistic.

However, Farina believes even if XRP claims it, anxiety about higher targets will set in. Interestingly, this aligns with earlier sentiments expressed by community figure BarriC. He suggested that in a few years, what could be considered “cheap” XRP would be in the $10 range and beyond.

According to this sentiment, by 2029, a “cheap” XRP price would be when the coin trades between $10 and $15. Looking further ahead to 2033, the anxiety about cheap prices would shift to levels ranging from $100 to $500.

Interestingly, this commentary came precisely a year ago when XRP was hovering around $0.50. Today, it is at $2, which somewhat lends credence to the idea that as the years progress, XRP will increase in value, and fresh anxiety about the price will set in again. In hindsight, this would be a lofty position.