Altcoins News

Story: Ex-Ripple Engineer Explains Why XRP Trades at 10x LINK’s Market Value

By Evie Vavasseur

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Tribal Debate on Token Valuation. Weisberger’s comment on X (formerly Twitter) prompted a wave of responses from the XRP community.

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Volume and Adoption Argument. Several participants highlighted XRP’s real-world adoption and transaction throughput.

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Structural Differences: XRP vs LINK. Matt Hamilton, a former Ripple engineer, offered a structural explanation.

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Addressable Market and Use Cases. XRP supporters argue that market cap differences also reflect the scale of the problems each token…

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Investor Narratives and Market Perception. Some commentators suggested that XRP’s higher valuation is partially influenced by investor…

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The Broader Debate on Value Capture. The discussion underscores a broader question in crypto investing: how do different types of…

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Conclusion. The debate over XRP’s 10x valuation versus LINK illustrates the complexity of assessing token…

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A recent debate on crypto valuations has reignited discussions over why XRP commands more than ten times the market capitalization of Chainlink’s LINK.

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The XRP community quickly responded, pointing to adoption metrics and network activity as justification for the token’s higher market capitalization.

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Several participants highlighted XRP’s real-world adoption and transaction throughput. One user pointed out that XRP’s $172 billion market cap contrasts sharply with LINK’s $14…

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Weisberger acknowledged these figures but cautioned against equating transaction volume directly with token value.

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Matt Hamilton, a former Ripple engineer, offered a structural explanation. He clarified that comparing XRP and LINK directly is challenging because they occupy different layers…

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In essence, XRP functions as a settlement asset, fee payment medium, and liquidity provider for its ledger.

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The total addressable market (TAM) for cross-border payments, including banks, CBDCs, stablecoins, and tokenized treasuries, vastly exceeds the revenue potential of oracles.

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As blockchain adoption grows and traditional financial networks like SWIFT explore integration with crypto protocols, these debates are likely to continue.

The Currency Analytics

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