They Want Ripple & XRP To FAIL Completely

Market Sentiment & Competition - The crypto industry exhibits surprising animosity towards XRP and Ripple despite their overcoming the SEC lawsuit, with much of the criticism originating from within the crypto space itself [1][2] - The success of XRP, Ripple, and ROUSD is perceived as a threat by other projects, leading to negative commentary and attempts to undermine them for attention and engagement [2] - Competitors like Custodia Bank and figures like Caitlyn Long express negativity towards Ripple, potentially driven by their own struggles to achieve similar success and regulatory approvals [5][6] XRP & Ripple Performance & Adoption - XRP has outperformed major altcoins like Bitcoin, Ethereum, Chainlink, Litecoin, and Solana in the past year, contributing to the resentment from those who did not invest [2] - ROUSD, Ripple's stablecoin, has seen a 163% increase in the last 30 days, with growing holder numbers and transfer volume, supported by integrations like US spot trading on Gemini [8] - The XRP Ledger is experiencing significant growth, with the highest RWA issuance recorded in Q2, reaching $1316 million in tokenized RWAs [11] XRP Ledger Ecosystem Growth - The market cap of XRP increased by 85% quarter over quarter to $132 billion [12] - Tokenized value on-chain has increased almost 12% in the last 30 days, reaching $326 million [12] - Stablecoin market cap on the XRP Ledger is up 3222% in the last 30 days, sitting at approximately $210 million, with over 31000 stablecoin holders [12][13] - The XRP Ledger is seeing increased stablecoin adoption beyond ROUSD, with four stablecoins (USDB, BBRL, EURP, XSGD) launching on the ledger [14][15] - The EVM sidechain on the XRP Ledger has seen substantial growth, with over 3400 contracts deployed [19] Future Outlook & Potential - The speaker anticipates that XRP may eventually surpass Ethereum in market capitalization, leading to increased criticism and negativity from Bitcoin and Ethereum proponents [22] - The speaker believes that the XRP Ledger is well-positioned to handle the scaling demands of financial use cases like tokenized assets and stablecoins, potentially leading to a shift from Ethereum to the XRP Ledger [18]