XRP Value Towers Over LINK as ETFs Build Institutional Demand

• 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…

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