[DigitalToday reporter Jinju Hong] Altcoin Daily, a crypto-focused media outlet, said much of the criticism surrounding XRP stems from a lack of understanding of the asset.
According to blockchain outlet The Crypto Basic on Jan. 8, XRP is a cryptocurrency that has remained in the top five by market capitalisation for years and has highlighted real-world use cases in cross-border payments. Even so, it is considered one of the most controversial assets in the market. Despite persistent criticism, XRP has shown intermittent rebounds, including a roughly 16 percent rise so far this year.
Altcoin Daily recently said on X, formerly Twitter, that some market participants criticising XRP do not properly understand the token’s structure and role. It stressed there was no need to waste time on such debate.
It cited as a representative case criticism of XRP by some figures in the Solana (SOL) community last year. In November last year, Vibhu Norby, head of product marketing at the Solana Foundation, claimed XRP was lagging in user traction and had limited appeal compared with competing chains such as Solana. He also publicly said XRP investors should reconsider their investment decisions.
Vibhu later stepped up criticism by mocking a well-known phrase in the XRP community, but changed his stance a month later. He said he had gained a deeper understanding of XRP and its community and acknowledged XRP’s unique role. That came shortly after digital asset services firm Hex Trust announced plans to launch wrapped XRP (wXRP) that can be used on the Solana network.
There is another case of a shift from past criticism to a positive assessment. Veteran investor Raoul Pal described XRP investors as a "cult" in August 2024 and argued people should avoid old cryptocurrencies. But after XRP’s price surged 284 percent in a month in late 2024, he acknowledged his assessment was wrong.
Billionaire investor Mike Novogratz has also criticised XRP in the past, but in November 2025 he revised his view and said XRP was one of the few tokens that had succeeded in playing a real monetary role.
Altcoin Daily analysed these cases as showing that much of the criticism surrounding XRP stems from a failure to sufficiently understand the asset’s practical use and structure. The outlet has previously explained that bitcoin and XRP serve fundamentally different roles, describing bitcoin as a "reserve asset" and XRP as a "liquidity bridge".
Altcoin Daily also said XRP has long been exposed to excessive misunderstandings and misinformation, adding that shifts in market participants’ perceptions could be an important variable in how XRP is assessed in the future.