XRP Plunges 2.5% But Analyst Calls For Catch-Up Rally: How Does That Make Sense?

Benzinga00:54

XRP (CRYPTO: XRP) is down 2.5% over the past day but could be setting up for a major catch-up rally, according to a prominent analyst.XRP's Key Price TargetIn a June 1 podcast, analyst Cryptoinsightuk...

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He also outlined a more centralized model where XRP is deposited into vaults and deployed by financial intermediaries into markets to earn returns.Bigger Picture: ‘Utility Era’ For CryptoThe broader thesis goes far beyond XRP. Cryptoinsightuk argued crypto is entering an inflection point where tokenization, institutional adoption and blockchain-based finance could fundamentally change how digital assets are valued.The core argument remains that institutions are increasingly tokenizing assets and traditional finance infrastructure is moving on chain. Crypto valuations may still be dramatically undervalued relative to future adoptionThe analyst also suggested the traditional four-year crypto cycle may eventually weaken as real-world utility replaces pure speculation.\"I think we're very close to, if not already, destroying that cycle psychology,\" the analyst said.Image: ShutterstockMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. 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