XRP (Photo: Shutterstock)

Mister Cauliman, an XRP community figure and XRP Ledger (XRPL) developer, has drawn a line against making public forecasts of XRP’s price and said he will focus on ecosystem development.

On June 4 local time, blockchain media outlet The Crypto Basic reported that Cauliman said in a recent post on X, formerly Twitter, that he would not publicly predict XRP’s future price.

The remarks came as XRP’s price slump continues and bold price targets are repeatedly being floated in and outside the community. Interest in price forecasts has grown further, especially after EasyA co-founders Phil Cock and Dom Cock said XRP could rise to $1,000. Cauliman, however, kept his distance from such forecasts and indicated he would focus on building real products and tools on the XRPL.

Cauliman explained that he consistently monitors activity on the XRPL, uses XRP himself and spends time developing on the XRPL. He added that his reluctance to speak about XRP’s price carries meaning in itself. It is taken to mean that if he did not believe in long-term value and the network’s future, he would not spend time and resources developing every day.

The community response was mixed. Some viewed Cauliman’s post as intentionally vague and containing provocative wording. Others placed significance on his stance of focusing on real-world use and development rather than price forecasts.

Behind the debate is the 'House of Cauliman' ecosystem led by Cauliman. He built the ecosystem in 2023 and is currently running about 11 projects on the XRPL spanning utility, infrastructure, education, collectibles and culture.

A flagship project is 'Monolith' (MONOLITH), which is already operating. The platform functions as an on-chain archive and a graffiti wall. Users use XRP to occupy permanent coordinates on a public grid. Each occupied coordinate links to a dedicated profile page that can contain text, images, links and tags. Users receive a non-fungible token (NFT) in their wallet as a deed of coordinate ownership, and ownership information is permanently recorded and verified on the XRPL.

Another key project is 'Augur' (AUGUR). Augur is designed as a non-custodial wallet intelligence and chain oracle tool. When users enter a public XRPL wallet address, they can view inflows and outflows, fees, token activity, NFT activity, automated market maker trades and net balance changes in an easy-to-read format.

Cauliman’s recent message did not offer a direct price forecast but stressed that the services and activities he is building show his stance. He said he is spending time building XRPL usability, data and infrastructure instead of making public price predictions, and his remarks showed that expectations of price gains and a use-case-driven approach continue to clash within the XRP community.

I don't make public price predictions about $XRP. I'm one of the lead builders behind one of the largest ecosystems on the XRPL. I read the ledger. I use $XRP. I build on XRPL every day. My silence about the price of $XRP should speak volumes.

Keyword

#XRP #XRPL #X #House of Cauliman #MONOLITH
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