In an interesting commentary, Altcoin Daily, a leading crypto media outlet, has suggested that some people criticize XRP without fully understanding it.
XRP remains one of the most criticized crypto assets in the market despite maintaining a top 5 position consistently for years and boasting an impressive value proposition around cross-border payments. Amid the persistent criticisms, the crypto asset has also recorded occasional upswings, up 16% this year.
Some XRP Critics Do Not Understand the Asset
Most recently, the Altcoin Daily media outlet, run by brothers Aaron and Austin Arnold, pointed out that some of these criticisms against XRP come from people who do not actually understand the asset. In a recent post on X directed at crypto investors, Altcoin Daily charged market participants not to waste their time with these people.
Altcoin Daily on XVibhu suggested that XRP had “mediocre” traction, especially when compared with competitor chains like Solana. According to him, investors who have committed their funds to XRP should reconsider their position. A week later, Vibhu sarcastically said investors should sell their house, kids, beds, and other valuables to buy XRP, mocking a popular mantra within the XRP community.
However, a month after this FUD campaign, Vibhu retraced his steps, admitting that his understanding of XRP and its community had matured. According to him, he came to “understand the uniqueness of XRP.” This occurred shortly after Hex Trust announced plans to launch a wrapped XRP version that could bridge to the Solana network.
Further Instances of Criticism Turned Praise
In a separate instance, market veteran Raoul Pal argued in August 2024 that XRP investors only held onto the tokens due to a “cult-like” mentality, insisting that they should avoid old coins like XRP. Pal suggested that these investors could miss another bull run. However, in December 2024, after XRP’s 284% surge a month before, Pal admitted he was wrong about the token.
Moreover, billionaire Mike Novogratz, who persistently criticized XRP years back, also retraced his words, noting in November 2025 that XRP remains one of the few tokens that successfully turned into money. These instances align with Altcoin Daily’s recent commentary, which indicates that some of XRP’s critics do not actually understand the asset.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Spot ETF Records $6.44M Daily Net Inflows, AUM Reaches $1.095B
Gate News message, April 25 — XRP spot ETFs posted daily net inflows of $6.44 million, according to SoSoValue data. The funds' total assets under management (AUM) reached $1.095 billion, with XRP comprising 1.23% of net assets.
Historical cumulative net inflows for XRP spot ETFs have reached $1.291
GateNews16m ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand9h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand9h ago
XRP Price Compression Signals Imminent Breakout as Traders Pause
Key Insights
XRP trades in a compressed range with tightening volatility, signaling a potential breakout phase as market participation slows and price action stabilizes.
Open interest dropped sharply from over $10 billion to $2.5 billion, reflecting reduced leverage and weakening
CryptoNewsLand9h ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand10h ago
Ripple CTO Schwartz Denies Secret XRP-Government Plans, Calls Conspiracy Theories 'Almost Always False'
Gate News message, April 24 — Ripple Chief Technology Officer David Schwartz has rejected claims that XRP is tied to undisclosed U.S. government plans or hidden financial system deals. In posts on X, Schwartz directly addressed renewed conspiracy theories suggesting the token could reach extreme pri
GateNews10h ago