{"id":45308,"date":"2025-09-02T14:02:10","date_gmt":"2025-09-02T14:02:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45308"},"modified":"2025-09-02T14:02:10","modified_gmt":"2025-09-02T14:02:10","slug":"now-that-xrp-is-dead-whats-next-swift-executive-calls-ripple-a-dead-chain-walking","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45308","title":{"rendered":"Now That XRP is Dead, What\u2019s Next? Swift Executive Calls Ripple a Dead Chain Walking"},"content":{"rendered":"
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XRP price and DeFi activity are under fire again, with Swift\u2019s Chief Innovation Officer Tom Zschach, calling Ripple a \u2018dead chain walking\u2019<\/p>\n

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\u201cSurviving lawsuits isn\u2019t resilience. Neutral, shared governance is,\u201d Zschach wrote in a LinkedIn post<\/a>. \u201c<\/p>\n<\/blockquote>\n

He continued: \u201cInstitutions don\u2019t want to live on a competitor\u2019s rails. Compliance isn\u2019t about one company convincing regulators it should be allowed to operate. It\u2019s about an entire industry agreeing on shared standards that no single balance sheet controls.\u201d<\/p>\n

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(Source: LinkedIn<\/a>)<\/figcaption><\/figure>\n

You can type aggressively on your keyboards, but Zschach\u2019s comment highlights a growing belief\u00a0in traditional<\/a><\/span>\u00a0finance<\/a> that stablecoins and networks like Circle\u2019s USDC \u00a0<\/a>are better positioned to become the backbone of next-generation settlement systems.<\/p>\n

Moreover, XRP\u2019s DeFi picture is dying compared to Ethereum, Solana, Sui, and SEI crypto. Should you be worried as an XRP trader?<\/p>\n

XRP DeFi Struggles: Why Are Ethereum and Solana Leaving Ripple Behind? (Ethereum at $96.9Bn vs XRP at $87M)<\/h2>\n

The numbers paint a difficult picture for XRP. According to DeFiLlama<\/a>, the XRP Ledger (XRPL) has a total value locked (TVL) of just $87.85 million, with daily decentralized exchange volume below $70,000.<\/p>\n

Compare this to Ethereum, which dominates DeFi with $96.9 billion TVL, or Solana with $11.27 billion TVL. Coinbase\u2019s Base chain, which has only been active since 2023, has already pulled in nearly $5 billion in total value locked. It\u2019s a stark reminder of how far XRP trails its peers.<\/p>\n

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(TheBlock<\/a>)<\/figcaption><\/figure>\n

Data from TheBlock tells a similar story in derivatives. XRP\u2019s futures open interest remains a fraction of Ethereum\u2019s or Solana\u2019s, reflecting weak institutional participation. The gap points to an ecosystem still struggling to generate the kind of network effects that draw developers and large enterprises.<\/p>\n

DISCOVER:\u00a0<\/span>9+ Best High-Risk, High-Reward Crypto to Buy in July 2025<\/span><\/a><\/strong><\/p>\n

Can XRP Development Save Ripple\u2019s Network From Decline?<\/h2>\n

Ripple has introduced upgrades to stimulate XRPL usage<\/a>, including:<\/p>\n