XRP token, and Ripple ARE NOT RELATED, they are not the same, and Ripple's job is NOT TO MAKE the value of XRP go UP.
All tokens on blockchains (other than fiat pegged stablecoins that are complaint and regulated) have ZERO intrinsic value. Of course they do. In fact, all fiat have zero intrinsic value.
Corn, oil, oxygen, and running water have intrinsic value. A share in a company has intrinsic value.
Ripple's board, and CEO, @bgarlinghouse job is to INCREASE SHAREHOLDERS value. THATS IT, nothing else. That is the job of EVERY company.
However, what you fail to understand that, the value of XRP will INDIRECTLY go up as a result of real (not synthetic) demand and utility. That is just supply/demand economy 101.
So seriously, anyone who keeps relating Ripple to XRP saying "XRP holders are not shareholders... boo hoo", they are not, and we have a multi year SEC lawsuit that proves XRP holders are just token holders, NOT SECURITY holders.
I am happy to answer your questions on this topic.
Excited to launch our latest Ripple Impact collaboration with @MCSocialVenture as part of our Unlocking Opportunity initiative. https://t.co/XVbOjeshX1
In partnership with WËIA, this pilot leverages the XRP Ledger to test how blockchain traceability could boost incomes for 300 smallholder farmers in Colombia where most operate informally and lack credit histories and transactional ledgers needed to secure loans to expand their operations. 🌱
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🚨 The v5.0.0 upgrade is now live on Coreum testnet.
This release brings the Coreum DEX to tesnet, with improved performance and dev tooling across the network.
Proposal: https://t.co/lUvDwV3eWH
Here’s what’s new 🧵👇
Today, Ripple moves forward—stronger than ever. This landmark case set a precedent for the domestic crypto industry.
With the SEC dropping its appeal, Ripple is now in the driver's seat and we’ll evaluate how best to pursue our cross appeal. Regardless, today is a day to celebrate this victory.
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It’s here - Ripple’s roadmap for institutional DeFi on the XRP Ledger in 2025. As roadmaps go, I (personally) think this one is pretty great – outlining a clear direction with use cases and features (available and to be proposed) of what Ripple will be focused on contributing to the XRPL this year.
Welcome thoughts, feedback and memes. Maybe prayers.
With so many blockchains out there, why should anyone care about Coreum?
Well, it’s fast, scalable, and built for real-world use cases but that’s not even the best part.
Let’s break it down. ⬇️🧵
XRP Ledger interoperability just started!
The Axelar bridge integration is finally completed. The EVM Sidechain devnet is the first network to connect.
EVM Sidechain main net launch coming closer 👀
🚨 BREAKING: Ondo Finance just announced a platform to bring US stocks, bonds, and ETFs onchain. But the real alpha? They're doing it on the XRP Ledger (XRPL) 🔥
This could be HUGE for XRP. THREAD 🧵👇
The staking protocol that Flare is collaborating on will allow both native XRP and FXRP to be staked to provide economic security to a service. This could be a new chain, L2, bespoke oracle or even a decentralized AI protocol. The XRP staked to this service secures that protocol, establishing a market for security denominated in XRP and generating yield on XRP.
You will be able to get a liquid staking token on Flare which represents your staked XRP with which you can do further financial operations.
2025 kicks off with big wins for crypto in the US and Ripple's growth: new MTL licenses in NY & TX, new customers onboarded, and ramping up hiring across the U.S. ⭐️ https://t.co/ZHmEracQN6
For about the 400th time, for anyone who doesn't understand what validators do:
XRPL actually has a consensus algorithm that actually reaches an agreed consensus. About every five seconds, every node participates in a process to decide how to resolve the double spend problem for XRPL transactions.
Honest participants should have no reason to care how this is resolved because honest participants don't double spend. But everyone does need some resolution because without a way to solve the double spend problem, disagreement over who holds what would eventually destroy the system. This is precisely why bitcoin needs proof of work -- to ensure eventual agreement over which of a set of conflicting transactions to rely on.
XRPL validators are not paid and cannot censor valid transactions. The only threat is if many validators conspire to fail to reach agreement, breaking the ledger. To protect against this threat, each node decides which other nodes it will try to solve the double spend problem with.
The consensus algorithm has two results for any given transaction, "yes, we will include this transaction in this ledger if it valid" and "no, we will include this transaction in the next ledger if it is valid". There is no way for an honest node to agree not to execute a valid transaction. Why would any honest node ever agree not to execute a valid transaction? Recovery for valid transactions that are do not get "yes" votes is deterministic.
This cheaper, faster, and more censorship resistant than PoW. But it does have two disadvantages:
1. Because it is not adversarial and is based on the idea that all honest participants are aligned in wanting to execute only valid transactions with maximal forward progress, it cannot be used to do the initial distribution of a token.
2. It does benefit from as much agreement as possible on who will participate actively in the double spend resolution process.
The logic of the UNL is that good validators will accumulate and bad validators will rapidly get excluded. Validators aren't compensated, so there's nothing to fight over.
Validators and consensus are not the XRPL's governance mechanism. The XRPL's governance mechanism is the rules enforced by the nodes participants run.
As a thank you to our community, we're giving away 50X LEDGER FLEXES!
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