XRP supporters got an unexpected boost this week after legendary trader Peter Brandt appeared to give XRP one of the strongest endorsements of his career. During a recent interview on Crypto Banter, Brandt said that if he had to pick a cryptocurrency most likely to become a major transactional asset, XRP would be at the top of the list.
The comment immediately caught attention because Brandt has spent years criticizing XRP and often challenged some of the more ambitious claims made by its community.
Veteran Picks XRP for Transactional Utility
When asked which crypto asset has the best chance of becoming widely used for transactions, Brandt responded:
He then added that most cryptocurrencies would likely end up as “junk,” making his decision to place XRP among the strongest candidates even more notable.
For many investors, the statement stood out because he is not known for promoting XRP. Instead, he built a reputation over decades as a disciplined market trader focused on charts, risk management, and market structure.
Why His Comments Matter
His remarks carry extra weight because they come from someone who has historically been one of XRP’s biggest skeptics.
Over the years, he frequently shared bearish XRP chart setups and often pushed back against overly optimistic predictions from XRP supporters. That history makes this latest assessment different from the typical praise often seen within the XRP community.
Some market participants view it as a sign that XRP’s utility-focused narrative is gaining broader recognition among traditional market veterans.
Utility Narrative Got Some Room
Moreover, his comments arrived as several developments continue to strengthen XRP’s utility story.
Recent data shows XRP-focused investment products attracted fresh inflows while Bitcoin and Ethereum funds experienced outflows. At the same time, Ripple’s payment network continues expanding through partners such as SBI Remit in Japan, which recently surpassed major cross-border remittance milestones.
Ripple CEO Brad Garlinghouse has also repeatedly highlighted the company’s goal of bringing more global payments on-chain over the coming years.
While Brandt did not predict XRP’s price, his comments focused on something many XRP holders have discussed for years: real-world utility.
For a trader who spent decades criticizing XRP, simply calling it the leading candidate for transactional adoption may be one of the strongest endorsements the asset has received from a traditional market veteran.
