⚠️ XRP: Utility or Financial Asset?
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Ripple still relies heavily on XRP sales to fund operations, contrasting with its vision of XRP as a bridge currency.
RLUSD stablecoin has ~$789M market cap, but ~88% exists on Ethereum, not XRPL
XRP burns from transactions are limited, meaning new growth doesn’t increase token utility
Investors are questioning whether XRP’s role is meaningful in Ripple’s expanding ecosystem.