XRP has become the subject of debate regarding its valuation for 2026. Bulls argue that the token is undervalued, pointing to Ripple’s On-Demand Liquidity (ODL) network, which processes $1.3 billion in transactions, as well as ETF inflows and a 45% drop in XRP supply on exchanges, which could lead to price growth to $5.

Bears emphasize the large circulating supply of 57 billion tokens, which makes high price targets difficult to achieve. They also note that RippleNet is used without XRP, meaning adoption does not guarantee demand for the token.

One of the key factors supporting XRP’s undervaluation is its use in the ODL network for international payments, making it an important tool for financial operations. Investments through ETFs help support stable demand and the token’s price.

However, competition from CBDCs and stablecoins could reduce the demand for XRP. Banks may start using alternative digital currencies, which raises doubts about the long-term prospects of the token.