Peter Brandt distinguishes XRP utility from Bitcoin store-of-value status
XRP (XRP)
Editor:
Eugene Serbin
Digitaltoday.co.kr reports that veteran trader Peter Brandt has classified XRP as a 'fools coin' while acknowledging its transactional utility. He argues that XRP should be evaluated using different valuation standards than Bitcoin, which he views primarily as a store-of-value asset. Brandt noted that XRP is inexpensive and effective for transactions, but this utility does not automatically justify its market value.
He compared XRP to the U.S. dollar, explaining that efficiency as a medium of exchange does not make it a long-term holding asset. The trader emphasized that cryptocurrencies must be assessed based on their original functions, separating transaction-focused coins from platforms like Ethereum. He stated that investors might eventually distinguish overvalued and undervalued phases for XRP based on its transaction role.
Brandt did not provide a specific price target or outlook for XRP, despite Ripple's expanding partnerships. He highlighted that XRP's total supply is capped at 100 billion tokens, with fees burned to gradually reduce the total supply. While he supports diversification into Ethereum, XRP, and Solana, he remains cautious about chasing newly launched assets. Ultimately, he concluded that XRP's transaction use does not clearly reflect in its market value using Bitcoin's logic.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 27 September 2026. Not the outlet's figures.
XRP is trading at $1.53 with a 24-hour buy ratio of 44.3%, indicating that sellers are currently dominating the market. The 1-hour buy ratio is slightly higher at 49.5%, but the 4-hour ratio drops to 43.5%, suggesting that buying pressure is fading over the short term. Volume Delta is negative across all timeframes, with a 24-hour total of -$20,769,518, showing that sell volume significantly outweighs buy volume. The Cumulative Volume Delta (CVD) for the 24-hour close is -$23,338,977, confirming sustained selling pressure. Only 4 out of 24 hours saw net buying, highlighting a bearish sentiment in recent spot trading.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, XRP saw a 7-day average buy ratio of 50.1%, meaning today's 24-hour ratio of 44.3% is 5.8 percentage points lower than the weekly norm. Spot volume today is 0.46 times the weekly average, indicating a notable decline in trading activity compared to the previous seven days. While the coin gained 8.3% over the past eight days, the current week has seen only 3 days of net buying. This suggests that today's reduced volume and lower buy ratio represent a cooling off period after recent gains, rather than a continuation of the previous week's momentum.