Each bull cycle brings bold value calls, however typically all the things can get out of hand. This week, XRP holders publicly posted orders to promote a single token for $1,000, saying the market would attain such ranges someday. After all, the order bought everybody’s consideration, but it surely additionally gave XRPL’s builders a possibility to clarify how the ledger truly works and why a hypothetical itemizing does not imply there’s going to be a purchaser.
Wietse Wind, one among XRPL’s hottest builders, stated the community would not match the value they put into the system.
First, you’ll want to end the guide and your entire AMM in one thing. That will not occur. In contrast to most centralized exchanges, XRPL finds the perfect provide reasonably than matching precise value match gives. Which means it’s important to “eat” all the things in your books first.
— WitnessWind (🛠 @ Xaman®, XRPL & Xhau) (@WietsWind) October 6, 2025
As an alternative, XRPL seems on the order guide and automatic market maker swimming pools to fill trades on the highest accessible degree. Due to this fact, when you have an over-the-top promote order, it’s going to stay in place till all extra life like gives are settled. In his phrases, the ledger “finds the perfect provide, which suggests it’s important to eat all the things in sight on the ledger first.”
He later defined that the concept of the XRP Ledger is mainly to guard customers from themselves. Even when somebody had been to listing 1 XRP at a ridiculously excessive value, reminiscent of $1,000 or a determined $0.01, the commerce would nonetheless be executed across the honest market charge.
What’s the honest value for XRP?
At the moment, this charge is round $2.99 per XRP, with assist at round $3.12 for sellers and $2.94 for consumers. If the value breaks above the $3.12 ceiling, merchants are eyeing a transfer in direction of $3.30 within the close to time period, however a break beneath $2.93 might result in one other rally to $2.63.
What this dialogue over a $1,000 promote order truly reveals is that XRPL’s matching logic locks you into an actual market reasonably than a fantasy itemizing, that means value motion stays mounted on the liquidity ranges merchants can truly obtain.
