Exchanges· ★★★· neutral·

Former Ripple Adviser Warns XRP's Biggest Test Is Still Ahead

  • —Welfare: XRPL tech is ready, but adoption hinges on liquidity, custody and compliance
  • —The XRP asset differs from the XRP Ledger, so institutions can use ledger functions without the token
  • —Evernorth, holding about 473 million XRP, debuted on Nasdaq as XRPN and closed at $15.26 on Oct. 14, down 7.40%
  • —XRP trades near $1.34, up 1.72% over 24 hours
Why it matters: Institutional activity on the XRP Ledger has yet to translate into sustained demand for the token, leaving adoption as the key open question for holders.
#XRP
Source: BeInCrypto
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