Solana Manager Questions XRP Growth Claims Amid Viral $35,000 Price Projections

• Solana manager Vibhu critiques XRP Ledger’s stagnant growth, citing unchanged daily active accounts for three years amid optimistic projections.

• XRP processes 1.5 million daily transactions, contrasting sharply with Solana’s 100 million, underscoring network utilization differences.

• Viral claims of XRP reaching $35,000 face skepticism, as on-chain data from sources like XRP Scan reveals mediocre activity levels.

Discover why Solana’s Vibhu challenges XRP growth hype: flat Ledger activity vs. Solana’s booming metrics. Explore price predictions and on-chain facts for informed crypto insights. Read now!

What is the Current State of XRP Ledger Activity?

XRP Ledger activity has shown limited growth, maintaining approximately 25,000 daily active accounts for the past three years, according to data from XRP Scan. This stagnation persists despite strong community enthusiasm for Ripple’s ecosystem. In contrast, Solana’s network demonstrates robust engagement with over 2.5 million daily active accounts, emphasizing a significant gap in blockchain adoption and transaction volumes.

How Does Solana Compare to XRP in On-Chain Metrics?

Solana significantly outpaces XRP in key on-chain metrics, processing nearly 100 million transactions daily compared to XRP’s 1.5 million. Vibhu, a manager at the Solana Foundation, highlighted this disparity on social platform X, noting that Solana’s stablecoin transfer volume alone hit almost $2 trillion in October, as verified by Blockworks data. XRP’s monthly transfers range from $50 billion to $60 billion, reflecting lower network utilization. Experts attribute Solana’s edge to its high throughput and developer-friendly environment, while XRP focuses more on institutional cross-border payments. Vibhu emphasized that these figures exclude wash trading and bot activity, given the low fees on both networks, ensuring a fair comparison based on genuine user engagement.

Frequently Asked Questions

Why is XRP Ledger Activity Considered Mediocre by Solana’s Vibhu?

Vibhu points to three years of flat daily active accounts at 25,000 on the XRP Ledger, despite Ripple’s partnerships with banks like Santander and SBI Holdings. This lack of growth contrasts with community predictions of explosive price increases, as on-chain data prioritizes real usage over speculation. Analysts agree that sustained activity is crucial for long-term viability in the crypto space.

What Fuels Viral XRP Price Predictions to $10,000–$35,000?

A viral post from the XRP racers account claimed activation of a “Strategic Reserve” for XRP, referencing projections from Value Capital in a short video that amassed thousands of views. While exciting for supporters, these claims overlook current on-chain weaknesses, such as limited transaction volumes. For voice search users wondering about XRP’s potential, experts stress evaluating fundamentals like Ledger activity before chasing hype-driven forecasts.

Key Takeaways

• XRP Ledger Stagnation: Daily active accounts have hovered at 25,000 for three years, signaling limited organic growth despite institutional ties.
• Solana’s Superior Metrics: With 100 million daily transactions and $2 trillion in stablecoin volume, Solana exemplifies scalable blockchain performance.
• Skepticism on Price Hype: Viral $35,000 projections lack on-chain support; investors should prioritize data-driven analysis for realistic expectations.

Conclusion

In summary, while XRP Ledger activity faces criticism for its mediocre performance and flat metrics, Solana’s robust on-chain engagement underscores evolving blockchain dynamics. Ripple’s institutional strengths in cross-border payments via its On-Demand Liquidity network, handling over $1.3 trillion annually, provide a solid foundation, yet bridging the gap with networks like Solana remains key. As XRP trades around $2.50 with a $140 billion market cap, the clash between hype and data invites cautious optimism—stay informed on emerging trends to navigate the crypto landscape effectively.

Solana’s Vibhu challenges XRP’s growth claims as viral $35,000 projections clash with on-chain data showing weak activity.

• Solana’s Vibhu says XRP Ledger activity has stayed flat for three years despite strong community optimism.
• XRP handles 1.5M daily transactions, far below Solana’s 100M and $2T monthly stablecoin transfer volume.
• Viral XRP post predicting $10,000–$35,000 price draws skepticism as analysts question data-backed feasibility.

Vibhu, a manager at the Solana Foundation, has criticized the current state of XRP Ledger activity, calling its growth “extremely mediocre” despite widespread optimism within the XRP community. 

Speaking on social platform X, Vibhu said that although he wants Ripple and XRP to succeed, the data “does not argue with facts.” His comments came as XRP supporters circulated viral predictions claiming the token could soar to between $10,000 and $35,000.

Solana Outperforms XRP in On-Chain Activity

According to Vibhu, data from XRP Scan shows that XRP Ledger’s daily active accounts have remained around 25,000 for the past three years. Over the same period, Solana has averaged more than 2.5 million daily active accounts, about 100 times higher. 

He also noted that while XRP processes roughly 1.5 million transactions daily, Solana handles nearly 100 million.

Vibhu added that XRP’s monthly transfer volume stands between $50 billion and $60 billion, while Solana’s stablecoin transfers alone reached almost $2 trillion in October, citing data verified by Blockworks. 

Addressing common skepticism about inflated figures, Vibhu explained that the Solana data excludes wash trading and bot activity. Since both XRP and Solana have similarly low fees, he said there is no clear reason why bots would target one network over the other.

Viral Post Sparks Unrealistic Price Speculation

The XRP community’s excitement was fueled by a viral post from the account XRP racers claiming a “Strategic Reserve” had been activated for XRP. The post, featuring a 14-second video titled “XRP = 10,000–35,000,” cited Value Capital’s projections and quickly gained thousands of views and comments. Many users questioned the feasibility of the prediction, while others embraced it as proof of XRP’s future dominance.

Ripple’s Institutional Reach and Market Position

Ripple’s On-Demand Liquidity network facilitates more than $1.3 trillion in cross-border transactions annually and involves major banks such as Santander and SBI Holdings. XRP currently trades around $2.50, giving it a market capitalization of about $140 billion. 

Analysts noted that if the token were to reach the projected $10,000 to $35,000 range, its value would jump to between $428 billion and $1.5 trillion. However, the data highlighted by Vibhu points to a widening gap between XRP’s market enthusiasm and its present on-chain performance.