Researcher alleges XRP suppressed as banks explore unified settlement ledgers

Researcher links Citi’s 2021 “Internet of Value” to RLN, argues XRP’s range is deliberate

Apex Crypto Insights’ Jesse says a 2021 Citi phrase “Regulated Internet of Value” later switched to “Regulated Liability Network,” and ties that to why XRP barely moves. He frames it as opinion, not proof, but says the pattern fits a bigger settlement thesis in his video.

He points to price first. He says XRP hit $3.84 in 2018 and about $3.60 this cycle, yet mostly moved sideways while Bitcoin ran higher. He calls that mismatch hard to square with a normal market and cites “suppression” as a possible answer in the video.

The thesis shifts to infrastructure. He argues XRP belongs to an “internet of value,” anchored by Ripple’s Interledger Protocol meant to move value like data.

From there he connects banks. He references Citi discussions of a shared ledger and the Regulated Liability Network as the same idea. He says if banks build a new settlement stack, an asset tied to it can’t be highly volatile.

That leads back to price behavior. He suggests a capped range would fit a reserve or settlement role better than a free-float pump. He again notes this is interpretation, not evidence per his video.

What’s missing. He provides no hard proof of manipulation. No documents showing coordinated control. The question stays open in his account.