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Altcoins & DeFi

XRP Expert Debunks Persistent Myth

Image: U.Today

Vet, a prominent XRP Ledger (XRPL) validator, has refuted the popular misconception that the broader adoption of the XRP Ledger network does not necessarily impact its token, XRP. The expert recently took to X to respond to the complaints that XRP seems not to be involved as much in tokenization or that it does not show significant price increases despite the network's growing ecosystem. "I see sometimes comments saying XRP is not used here, why tokenized assets, price is not moving, etc.," he said. Vet explained that such claims are due to a basic misunderstanding of how the XRP Ledger works. "The XRP Ledger is a multi-asset ledger since 2012.

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