Is XRP The Most Mispriced Token In Crypto?

XRP’s recent price action has reignited debate across the cryptocurrency market, especially as Ripple’s underlying business continues to expand.

Speaking on Germany’s DER AKTIONÄR TV in an interview streamed on December 23, Oliver Michel, CEO of Tokentus Investment AG, argued that XRP’s weakness is temporary and doesn’t reflect what’s happening behind the scenes at Ripple Labs.

At the time of his comments, XRP was trading at $1.86, down 1.83% on the day, losing 2.3% in the last week, and dropping 9.22% over the past month, according to the latest price chart data.

Michel acknowledged the frustration among holders, but emphasized that market price and business fundamentals are currently out of sync.

Ripple’s Business Momentum Continues

According to Michel, Ripple’s operational progress remains strong. The company continues to pursue acquisitions, expand into regulated banking pathways, and roll out new products, including stablecoins. 

He compared Ripple’s broader ecosystem to an ‘Amazon-style’ platform for blockchain services, a diversified infrastructure play rather than a single-product company.

Michel explained that markets often move in phases: sometimes fundamentals lead, and price follows later, while at other times prices surge ahead of real-world execution. In XRP’s case, he believes the market is underestimating Ripple’s long-term positioning and execution.

Institutional Demand Adds To The Disconnect

One of the most striking elements of Michel’s argument is the surge in institutional exposure. Since November, five spot XRP exchange-traded products (ETPs) have launched, attracting roughly $1.13 billion in inflows and pushing total assets to around $1.25 million.

Despite the capital entering the ecosystem, XRP’s price has continued to slide, a contradiction Michel views as a timing issue rather than a structural flaw. Institutional adoption and operational growth, he argued, often take time to translate into market pricing.

‘Temporary’ Weakness, Not Structural Failure

Michel concluded that XRP’s current price behavior should be seen as a temporary disconnect. While he did not offer a precise timeline, he expects the gap between Ripple’s business execution and XRP’s valuation to eventually close.

From his perspective, the weakness in XRP is not a sign of failure, but a delay in market recognition. If history is any guide, such gaps can close suddenly, leading to sharp repricing once sentiment catches up with fundamentals.

More Must-Reads:

• Bitcoin Versus Gold Sends A New Signal Into 2026
• Ethereum Whales Are Back – And They’re Not Subtle
• Solana Could Drop To $118 Or Explode Higher