According to Versan Aljarrah, co-founder of Black Swan Capitalist, Ripple’s private ledger technology may hold significant implications for the value of XRP.
In a recent post on X, he stressed how some facts about XRP are ignored, and shared insights on how Ripple’s private blockchain solutions cater to banks’ privacy needs while raising speculation about XRP’s hidden valuation.
Accompanying his post was a video of Ripple CEO, Brad Garlinghouse, explaining how banks prefer discreet transactions. He noted that a major Middle Eastern bank rejected the idea of its transactions being visible on a public ledger.
In response, Ripple developed a solution that allows private transactions while maintaining the security and efficiency of blockchain technology.
Garlinghouse described this as a “private temporary blockchain” between financial institutions. He emphasized that while XRP functions on an open ledger, Ripple’s private solutions ensure controlled liquidity movements without exposing sensitive transaction details.
Also Read: Ripple (XRP) Might Reach a Turning Point Soon, Here is Why
Talk of the private ledger on the XRPL began when #Ripple confirmed a private blockchain in 2021.
Many, including myself, have seen high $XRP prices, now believed to be stress tests for future utility. XRP is revealing itself in real time, facts are there, just ignored. pic.twitter.com/O7lzTgSayC
— Versan | Black Swan Capitalist (@VersanAljarrah) March 18, 2025
Private Ledgers and Their Impact on XRP’s Market Perception
Aljarrah’s post also pointed to unusual XRP price anomalies observed on specific platforms. Some community members believe these fluctuations suggest testing for future large-scale transactions, potentially indicating XRP’s accurate valuation in private settings.
The XRP community believes that the private ledger utilizes more liquidity than visible retail markets for institutional purposes. People believe this due to assumptions that hidden rates govern financial institution transactions, which ultimately impacts the XRP asset’s permanent value.
The debate among XRP advocates focused on whether the price of XRP in public markets would match its ledger values. Some analysts predict the public market will synchronize its price with industrial XRP use if major institutions operate the currency off-market at another rate.
The statements made by Ripple’s Chief Technology Officer (CTO) David Schwartz previously caused some user concern. The relationship between XRP price and different ledgers and exchanges should remain identical, according to CTO David Schwartz.
Investors maintain speculations about price increases because they observe rising institutional demand for XRP.
The conversation around Ripple’s private ledger technology continues growing, with some investors eager for a potential XRP valuation shift. As the company expands its banking partnerships, the implications for XRP’s future price remain a topic of debate within the crypto community.
Also Read: Expert Explains Why it is Important to Own at Least 1,000 XRP