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Altcoins & DeFi

Flare CEO urges XRP community to focus on independent utility, not Ripple price action

Image: CoinTurk News

Scrutiny of Ripple ‘s leadership has intensified as debate over XRP’s direction continues to grow within the cryptocurrency community. Hugo Philion, Co-Founder and CEO of Flare Networks—a blockchain platform focused on smart contract solutions—has addressed recent criticism and negative sentiment directed at both XRP and Ripple. Philion believes that the future of XRP should not be exclusively shaped by Ripple’s executive decisions. He has called on the community to shift its focus from price expectations and reliance on Ripple, encouraging them to explore practical use cases for the token held by investors. His comments come at a time when Brad Garlinghouse, CEO of Ripple, and David Schwartz, formerly Chief Technology Officer, are facing increasing pressure from XRP holders.

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