XRP can rise without utility, Black Swan Capitalist co-founder claims

Vandell, co-founder of Black Swan Capitalist, expressed confidence that XRP’s price can appreciate further without relying on greater utility, regulatory clarity, or widespread adoption. Black Swan Capitalist is an investment research firm specializing in digital asset analysis and strategy. On X, Vandell pointed to XRP’s price history as evidence for his position. He argued that market forces such as scarcity, narrative, and speculation have historically driven the asset’s value. In his view, these forces may remain more influential than utility-based developments.

Source: CoinTurk News