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Renowned Trader Peter Brandt Declares XRP the Superior Asset

Renowned technical analyst Peter Brandt shifted his historical skepticism, declaring XRP as potentially the best asset for real-world transactional applications during a recent podcast appearance.

Renowned Trader Peter Brandt Declares XRP the Superior Asset

Having spent decades as a well-regarded technical analyst in traditional markets, Peter Brandt has historically held views on XRP that ranged from dismissive to hostile. That perspective shifted during an earlier appearance this year on the Crypto Banter podcast, hosted by Ran Neuner.

A clip from the interview was shared on X by a Jake Claver fan account, capturing Brandt declaring that XRP “probably is the best.” He argued that the asset makes a compelling case for real-world transactional applications. When Neuner expressed visible surprise and asked him to verify the remark, Brandt reiterated it immediately.

Brandt’s Surprising Support for XRP

Brandt centers his perspective on practical utility rather than mere speculation. He grouped XRP together with Ethereum and Solana as the top contenders for mainstream payment and transaction adoption, noting that if he had to choose a single asset to succeed in transactional use, XRP would be his top pick.

Neuner’s response highlighted the significance of the exchange, noting his shock that Brandt was speaking positively about XRP. Backed by more than 50 years of trading expertise spanning financial markets, commodities, and futures, Brandt brings a level of authority that most crypto analysts lack.

Context Behind the Comments

Brandt’s relationship with XRP dates back several years. Back in 2020, he labeled the digital asset a scam and frequently engaged in public disputes with the XRP community, eventually stating that he was done posting about the token. Furthermore, he once described XRP investors as the most biased group he had encountered in his 50-year career.

More recently, his long-term chart breakdown established a $5.40 price target for XRP, driven by a symmetrical triangle breakout originating in late 2024. He pointed to this chart formation as one of the most pristine he had observed among any cryptocurrency. Even though he has faulted its supporters, his technical evaluation reflects a recognition of XRP’s underlying transactional capabilities.

What the Market is Watching

Over the past few years, XRP has steadily expanded its institutional footprint. Ripple’s payment network links into international banking systems, and the asset’s utility in cross-border settlements has continued to rise. Additionally, regulatory clarity within the United States has seen substantial progress over the last few months.

Brandt has clarified publicly that his own holdings remain in Bitcoin and that he trades exclusively via futures markets. Consequently, his remarks on Crypto Banter reflected an assessment of probabilities rather than personal investment conviction. Nonetheless, his evaluation remains influential precisely because he holds no financial stake in the price of XRP.

Frequently Asked Questions

What did Peter Brandt say about XRP?

During an appearance on the Crypto Banter podcast, Peter Brandt stated that XRP “probably is the best” and noted it has a strong case for real-world transactional use.

How has Peter Brandt’s view of XRP changed over time?

Historically, Brandt’s opinions ranged from hostile to dismissive—including calling XRP a scam in 2020 and frequently clashing with its community. His recent stance acknowledges the asset’s transactional potential and institutional utility.

Does Peter Brandt personally hold XRP?

No. Brandt has stated publicly that he keeps his positions in Bitcoin and trades through futures markets, meaning his comments were about probability rather than personal financial conviction or investment.

What price target did Peter Brandt set for XRP?

Brandt’s long-term chart analysis placed a price target of $5.40 on XRP, based on a symmetrical triangle breakout that began in late 2024.

Explained in this article

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