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XRP Value Towers Over LINK as ETFs Build Institutional Demand


by Coin Edition
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XRP vs Chainlink valuation gap with ETF demand and SWIFT partnership context shown
  • The value of XRP is heavily influenced by the adoption of the XRPL network.
  • The Chainlink ecosystem has several products such as CCIP, which inherently gives LINK value.
  • The comparison between XRP and LINK misses the fundamentals as both assets solve different real-world issues.

Matt Hamilton, a former director of developer relations at Ripple Labs, has broken a deadlock between the Chainlink (LINK) and XRP armies. According to Hamilton, it is meaningless to compare the value of XRP and LINK, since the former is a native coin to the XRPL ledger while the latter is used within the Chainlink protocol.

At press time, Ripple’s XRP had a fully diluted valuation of about $284 billion while Chainlink’s LINK recorded a net valuation of around $21.4 billion. During the last 24 hours, LINK recorded a net traded volume of around $747 million while XRP reported around $4.7…

Read The Full Article XRP Value Towers Over LINK as ETFs Build Institutional Demand On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.50

+7.25%

$ 0.0119

+1.68%

$ 9.10

+3.58%

$ 0.0869

$ 0.000603


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In This News

Coins

$ 1.50

+7.25%

$ 0.0119

+1.68%

$ 9.10

+3.58%

$ 0.0869

$ 0.000603


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Can Bittensor Sustain Its 20% Rally After Rebounding From $160?

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XRP Value Towers Over LINK as ETFs Build Institutional Demand


by Coin Edition
for CoinEdition

Share:

XRP vs Chainlink valuation gap with ETF demand and SWIFT partnership context shown
  • The value of XRP is heavily influenced by the adoption of the XRPL network.
  • The Chainlink ecosystem has several products such as CCIP, which inherently gives LINK value.
  • The comparison between XRP and LINK misses the fundamentals as both assets solve different real-world issues.

Matt Hamilton, a former director of developer relations at Ripple Labs, has broken a deadlock between the Chainlink (LINK) and XRP armies. According to Hamilton, it is meaningless to compare the value of XRP and LINK, since the former is a native coin to the XRPL ledger while the latter is used within the Chainlink protocol.

At press time, Ripple’s XRP had a fully diluted valuation of about $284 billion while Chainlink’s LINK recorded a net valuation of around $21.4 billion. During the last 24 hours, LINK recorded a net traded volume of around $747 million while XRP reported around $4.7…

Read The Full Article XRP Value Towers Over LINK as ETFs Build Institutional Demand On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.50

+7.25%

$ 0.0119

+1.68%

$ 9.10

+3.58%

$ 0.0869

$ 0.000603


Share:

In This News

Coins

$ 1.50

+7.25%

$ 0.0119

+1.68%

$ 9.10

+3.58%

$ 0.0869

$ 0.000603


Share:

Read More

Can Bittensor Sustain Its 20% Rally After Rebounding From $160?

Can Bittensor Sustain Its 20% Rally After Rebounding From $160?

Bittensor (TAO) recorded a strong move higher in the latest session, rising roughly 2...
Humanity Protocol (H) Price Analysis: Rally Back to the $0.20 Zone Signals Momentum Shift

Humanity Protocol (H) Price Analysis: Rally Back to the $0.20 Zone Signals Momentum Shift

Humanity Protocol (H) has staged a strong comeback this week, climbing back into the ...