XRP is believed to be severely undervalued at its current price of $2.44, according to cryptocurrency founder Edoardo Farina.
Regulatory battles with the U.S. Securities and Exchange Commission (SEC) are seen as the primary factor suppressing XRP's true potential.
Analysts predict a significant price surge for XRP once it decouples from Bitcoin's movements, suggesting it could result in the 'biggest candle in history.'
Farina suggests that under normal market conditions, XRP, being the only fully regulated cryptocurrency asset in the U.S., would already be trading above $100.