Let me preface this by saying I think RWAs are truly revolutionary, and bridging the global financial system together to allow people in developing nations to purchase treasury bonds and stocks in stronger economies is truly a remarkable technological development, and has become a discovery of mine that has made me understand that crypto truly does have use. However, after digging deeper into tokenomics, I am extremely confused by the market valuations of XRP and XLM. With other coins like ETH, TRX, and SOL. I can understand that they have somewhat reasonable multipliers due to the fact that they generate billions in revenue annually. But I can’t quite wrap my mind around how XRP is worth 70 billion, and XLM is 7 billion, when these coins would need to generate trillions of transactions daily to generate fees that could even be considered substantial. Is there anyone that understands these projects better that has some knowledge that opposes this? Or are these coins really that grossly speculative and overpriced?
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