Crypto commentator Xaif (@Xaif_Crypto) recently posted a video clip showing veteran trader Peter Brandt dismissing the widely cited utility of XRP. Brandt’s core argument is straightforward: utility in transactions does not automatically translate to inherent asset value.
To make his point, he points to the U.S. dollar. “The U.S. dollar can be effectively used for transactional purposes as well,” Brandt notes.
“We’re not speculating. We’re not all buying dollars because we believe it’s a transactional asset.” He contends that supporters of XRP need a more compelling justification for the token’s value than simply its capacity for low-cost transfers.
Peter Brandt remains skeptical on XRP: says nobody buys dollars because they're "transactional," so why should that alone make XRP valuable? Also flags XRP's supply as still unclear.
Fair point or missing something? pic.twitter.com/IocSBxhAFa
— Xaif Crypto (@Xaif_Crypto) September 26, 2026
Supply is Another Open Question
In addition, Brandt brings up worries regarding the supply of XRP. He points out that uncertainty persists concerning whether the total supply will increase over time. “Will we have expansion of the supply? There are things that we don’t know about XRP,” he remarks. To an analyst who bases trading strategies on verifiable information, this lack of clarity presents a major hurdle.
Even so, Brandt does not completely write off XRP. He concedes that it functions smoothly for transactions. However, he maintains that transactional utility on its own fails to answer questions about valuation. In his view, arriving at a dependable pricing model demands a higher level of transparency than XRP currently provides.
He contrasts this scenario with Bitcoin, which he views primarily as a store of value rather than a medium for transactions. The analyst suggests this distinction makes Bitcoin much simpler to evaluate. Because XRP belongs to a separate classification, Brandt asserts that investors have yet to establish the proper mechanisms to price it accurately.
The Community Pushes Back
Replies to Xaif’s post show widespread pushback against Brandt’s perspective. One user countered that Brandt’s analogy involving the dollar overlooks a key characteristic of XRP: its capacity to serve as a bridge asset for currency conversions and cross-border payments—a function the dollar cannot execute independently or cost-effectively.
Another respondent claimed that Brandt misunderstands XRP’s escrow mechanics and scheduled token releases, adding that this shortfall applies to the majority of users on the platform. A different commenter questioned why Brandt continues to draw attention at all, implying that his analytical approach has fallen behind market developments.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Where Brandt Stands On XRP
The most striking element of the video is how it contrasts with Brandt’s recent technical analysis. He previously established a long-term price target of $5.40 for XRP derived from its chart patterns. Thus, his doubts regarding the fundamentals of the asset exist side-by-side with an optimistic technical outlook.
Brandt has frequently emphasized that chart patterns do not constitute a direct trading recommendation. He explains that while the charts tell one narrative, the underlying fundamentals raise distinct questions that the market has yet to resolve.