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Crypto

Former Ripple CTO says XRP could one day overtake Bitcoin by market value; key condition

Former Ripple Chief Technology Officer David Schwartz raised the possibility that XRP could eventually overtake Bitcoin in market capitalisation. He said the scenario was more likely to come from a sharp rise in XRP than a steep decline in Bitcoin, citing faster transaction speeds and broader functionality. Schwartz also said market-cap debates depend on timing and perspective, recalling earlier doubts about price increases. He pointed to XRP’s past rise to No. 2 by market value in late 2017.

Crypto

Coinbase rises to No. 3 on XRP rich list after address reclassification

Coinbase\'s XRP balance jumped 4,870.7 percent on the rich list, but it did not receive 5.5 billion new tokens, the article said. The change resulted from a reclassification after XRP ledger explorer XRPScan updated its wallet identification system and labeled 146 previously unidentified Coinbase wallets. Coinbase is now ranked third with 5.68 billion XRP across 152 accounts. Ripple remains first, while Upbit is second and Binance fourth.

Crypto

21Shares says claims Ripple directly controls XRP and XRP Ledger are not true

21Shares said claims that Ripple directly controls XRP and the XRP Ledger are not true, citing the network’s validator structure. It said the default trusted validator list includes about 35 validators, with only 1 operated by Ripple, and more than 150 validators participate overall. Protocol changes require support from at least 80 percent of validators. 21Shares added that Ripple remains a key firm in the XRP ecosystem and holds billions of XRP in escrow.