Analyst Says Here’s Why You’re Underpricing XRP

An XRP community analyst says the market has not yet priced in recent regulatory progress involving Ripple.

The argument is that Ripple is moving deeper into the core of the U.S. financial system, while XRP’s valuation continues to trade as if these efforts carry limited impact.

OCC Approval Changes Ripple’s Standing

The backdrop to Cobb’s view is Ripple’s conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter a national trust bank. This approval places Ripple among a very small group of crypto firms to reach this stage, following Anchorage Digital and alongside firms such as Circle and Fidelity Digital Assets.

By securing this status, Ripple brings its U.S. dollar–backed stablecoin, RLUSD, under direct federal oversight. At the same time, it remains regulated at the state level by the New York Department of Financial Services.

Ripple’s leadership has framed this dual structure as a high standard for compliance, confirming a long-term commitment to operating within U.S. financial regulations.

Fed Master Account as the Next Catalyst

Beyond the bank charter, Ripple is also pursuing a Federal Reserve master account. While the Fed has not yet granted such access, policymakers are now exploring a limited, or “skinny,” version of the account for non-bank entities.

Even with restrictions, such access would allow Ripple to connect directly to the Fed’s payment infrastructure. This could improve the efficiency with which reserves backing RLUSD are managed, reducing reliance on intermediaries.

From the XRP community’s perspective, this would further strengthen Ripple’s role in real-time payments and settlement.

XRP Is Still Mispriced

Notably, Ripple’s progress with U.S. regulators, banks, and payment systems appears to be moving faster than XRP’s price reflects. XRP is trading at $1.98 today, down 0.68% over the past day and 12% over the past month.

Meanwhile, XRP commentators believe the market is currently offering a rapidly closing window to buy XRP at a discount. They argue that as Ripple continues to integrate more deeply with traditional finance, the utility narrative surrounding XRP could regain momentum, potentially supporting a price recovery.

Back in July, Alpha Lions Academy founder Edoardo Farina urged followers to buy XRP ahead of a supposed U.S. Treasury “announcement.”

His comments come after Ripple confirmed it has applied for a U.S. national bank charter and a Fed master account, moves that have led XRP supporters to believe the company is positioning itself at the heart of a new financial system.

What Comes Next

It is worth noting that the OCC approval remains conditional, and Ripple’s national trust bank cannot operate until all requirements are met. The Federal Reserve’s “skinny” master account is also still only a proposal.

As Ripple moves closer to the heart of the U.S. financial system, XRP supporters believe the market may eventually reassess how it values XRP.