Summary

• XRP Ledger's Q1 2026 results showed strong growth in stablecoins, tokenized assets, payment activity, and institutional infrastructure despite weaker speculative trading.
• RLUSD, tokenized assets, lending initiatives, and ETF adoption could expand XRP's utility as the ecosystem evolves into financial infrastructure.
• If XRP captures 14% of SWIFT's transaction volume, as projected by Ripple's CEO, then my utility-based model implies a potential value of approximately $51 per token.
• XRP remains a strong buy because network adoption continues improving while the current selloff has not changed the long-term investment thesis.

Investment Thesis

I continue to assign XRP (XRP-USD) a strong buy rating. For Q1 2026, the XRP Ledger, XRP's native blockchain, demonstrated a continued progress in the areas that matter most for a long-term investment case, including: stablecoin adoption, tokenized

Analyst’s Disclosure: I/we have a beneficial long position in the shares of XRP-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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