Today seems like the end of an era for BTC and the treasury companies after Micheal Saylor…
I wonder what happens to MSTR and BTC as a whole, as they liquidate their positions…?
Every transaction on the XRP Ledger burns a small XRP fee, and every account holds a reserve in XRP to keep spam off the network. That's real, mechanical XRP demand built into how the ledger runs, separate from any broader settlement volume.
Former Twitter, CEO Jack Dorsey posted
Michael Saylor transforming into the XRP symbol. Feb 2nd 2025
on Primal, a decentralized social platform built on the Nostr protocol, is where Jack Dorsey posted a video clip featuring Michael Saylor (a prominent Bitcoin advocate) transforming into the XRP symbol. This February 2025 post sparked speculation in the XRP community about potential shifts in crypto sentiments.
https://t.co/8WyoSVVkKd
Price discovery, third-grade version: imagine 1,000 mint Charizards exist. As they get bought up, each next buyer pays more, and the next more again. There's no seller until the price is irresistible. Scarcity plus demand isn't hype, it's just the order book.
The XRPL has had a built-in DEX since it launched in 2012, years before anyone said the word DeFi.
It supported issued tokens from day one, which makes it the first chain to do native tokenization at all. Stablecoins & RWAs run on that same design today.
None of it needs a contract layer bolted on top or an L2 to work. It's native to the L1, & that was a design decision made 13 years ago