{"id":55780,"date":"2025-10-30T15:31:31","date_gmt":"2025-10-30T15:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55780"},"modified":"2025-10-30T15:31:31","modified_gmt":"2025-10-30T15:31:31","slug":"ripple-depends-on-xrp-price-not-market-utility-experts-claim","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55780","title":{"rendered":"Ripple Depends On XRP Price, Not Market Utility, Experts Claim"},"content":{"rendered":"
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The long-running dispute over what XRP is actually for \u2014 not Ripple\u2019s business model, but the token itself \u2014 exploded again on October 30, 2025, after crypto expert Scott Melker publicly asked whether the asset still has a live, defensible use case in an ecosystem now dominated by fiat-backed stablecoins.<\/p>\n

What Is The Utility Of XRP?<\/h2>\n

\u201cI say this with no disrespect, looking for an actual answer,\u201d Melker wrote<\/a> on X. \u201cWhat is the current pitch for XRP? The token, not Ripple the company.\u201d He pointed to concrete developments in cross-border settlement rails: \u201cWestern Union chose Solana for their stablecoin. Swift went with Linea on ETH, which was the selling point I heard for years?\u201d Melker then set the tone for the entire debate: \u201cStablecoins have clearly taken the reigns for payments, so I get their stablecoin being in play. But what utility does XRP have? Again, not trolling. Asking.\u201d The post had more than 291,000 views on October 30.<\/p>\n

The first major response came from community members who argued that the comparison to stablecoins is structurally wrong. The account Cripto ISO 22 said the token is not meant to compete with bank-grade or treasury-grade stablecoins. Instead, as they put it, \u201cXRP is not competing with stablecoins it\u2019s the liquidity bridge between them and between currencies, assets, and payment networks. While stablecoins represent value, XRP represents mobility.\u201d<\/p>\n

According to that view, the token exists to provide \u201creal-time settlement, FX conversion, and on-demand liquidity between CBDCs, banks, and corporate treasuries.\u201d Ripple\u2019s buildout \u2014 including GTreasury<\/a>, RLUSD, and Evernorth \u2014 is framed as an emerging infrastructure layer in which the token becomes \u201cthe neutral asset connecting all forms of money. Stablecoins move within silos. XRP moves value across them.\u201d<\/p>\n

Melker challenged that logic directly. \u201cThis makes no sense to me, perhaps I\u2019m dense,\u201d he replied. \u201cYou can use a stablecoin as the bridge for conversions with zero loss from token volatility. Why is the token needed specifically and not another?\u201d He later said he was still looking for something verifiable now rather than projections: \u201cI think the core issue I have is that people are screaming at me about all of the things that \u2018will\u2019 happen but nobody can tell me what \u2018is\u2019 happening. Meanwhile, Stablecoins are eating the world.\u201d<\/p>\n

Ripple\u2019s Dependence<\/h2>\n

Former CoinRoutes chairman Dave Weisberger stepped in and accused<\/a> large parts of the community of refusing to confront basic balance-sheet realities. \u201cPeople buy XRP because it\u2019s a meme,\u201d he said. \u201cJust like ADA. Just like Doge. Just like Trump coin<\/a>. It\u2019s never been about the utility. It\u2019s about the XRP community which is one of the strongest to this day.\u201d Weisberger said that when he has asked the same question Melker is now asking, \u201cthe ONLY coherent answer I\u2019ve gotten is Ripple is making XRP \u2018central\u2019 to their strategy. Translation: their Prime needs an enormous balance sheet & XRP makes up the majority of it, for now\u2026\u201d<\/p>\n

He then drew a direct line between market price and Ripple\u2019s operational runway. \u201cXRP doesn\u2019t need to go UP for that plan to work, but it can\u2019t crash without causing pain as they need the balance sheet<\/a>.\u201d He closed with the line that defined the tone of the thread: \u201cMake of that what you will, but the delusions of 100x returns are blinding you from real analysis\u2026\u201d<\/p>\n

Weisberger\u2019s stance is that the token\u2019s current relevance is not the result of unstoppable external adoption, but of Ripple structurally depending on the token as collateral and liquidity inside its own stack. That argument implicitly rejects the long-standing claim that \u201cRipple and XRP are separate,\u201d suggesting instead that the token is deeply tied to Ripple\u2019s balance sheet and Prime liquidity strategy. If XRP\u2019s price holds, Ripple can deploy it. If price collapses, Ripple\u2019s firepower weakens.<\/p>\n

The XRP camp answered from first principles. The account @xrpmickle argued that even asking for a \u201cpitch\u201d misunderstands what the token is. \u201cThe value proposition isn\u2019t a temporary pitch \u2014 it\u2019s foundational,\u201d he wrote. \u201c[The token] serves the same core purpose that many of the top cryptocurrencies do: it\u2019s the native form of value and security layer for the distributed ledger it operates on. [\u2026] The XRP Ledger literally cannot exist or operate without XRP.\u201d<\/p>\n

Mickle went further, arguing that stablecoins are issued liabilities whose usefulness is inherited from the network they sit on, whereas the token is \u201cintegral \u2014 not derived.\u201d In that telling, the token is designed to be neutral settlement-grade liquidity that can connect incompatible systems, not a bank IOU that lives inside a corporate silo.<\/p>\n

Melker, however, drew a line between what the token is architected to be and what it is currently doing at institutional scale. \u201cNobody can tell me what \u2018is\u2019 happening,\u201d he wrote, pointing to what he sees as a gap between forward-looking claims and visible corridors today. That same split surfaced in a side exchange about Bitcoin, where a critic asked what Bitcoin is \u201cactually used for.\u201d Melker responded: \u201cThat\u2019s kind of the point. It doesn\u2019t need to be used for anything.\u201d In other words, Bitcoin can be defended as monetary premium. XRP, by contrast, is marketed as transactional infrastructure, so it lives or dies on being used.<\/p>\n

At press time, XRP traded at $2.56.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

The long-running dispute over what XRP is actually for \u2014 not Ripple\u2019s business model, but the token itself \u2014 exploded again on October 30, 2025, after crypto expert Scott Melker publicly asked whether the asset still has a live, defensible use case in an ecosystem now dominated by fiat-backed stablecoins. What Is The Utility Of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-55780","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55780"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55780\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}