Is XRP Really Worth Buying Below $2.50? Here's What the Numbers Say

XRP has been on a wild ride—nearly 400% surge in recent months, hitting $3.56 in July before pulling back to $2.20. But here’s the thing: even at these “dip” prices, it might still be massively overvalued.

Let’s break down the reality. RippleNet processed $57.7 billion in quarterly payment volume, which sounds huge. But PayPal? $458.1 billion in the same period. Yet XRP’s market cap is already 3x larger than PayPal’s, and Ripple’s valuation is comparable to the payments giant. That math doesn’t add up.

Here’s what makes XRP different from Bitcoin or gold: you can’t mine it. Ripple controls the entire supply—100 billion coins created, 40 billion locked in reserves. They could theoretically dump more coins anytime. It’s less about digital assets, more about meme energy.

The kicker? XRP’s fully diluted market cap sits around $220 billion—right behind Goldman Sachs and nearly matching American Express. Does a payment layer really deserve that valuation when it’s still struggling with partnerships and stagnant account growth?

Bottom line: $2.50 isn’t a buy signal. It’s still trading on speculation and optimism that partnerships will actually materialize. Until RippleNet shows real traction, the risk-reward still looks sketchy.