Expert Warns XRP Investors of “ Extremely Mediocre” Growth Next to Solana’s 100x Activity Surge

Michael Adeleke
7 hours ago
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Expert sparks debate after claiming Solana outpaces XRP by 100x in network activity.

Highlights

  • Vibhu criticized XRP, calling its growth slower in comparison to Solana.
  • Data shows XRP’s daily active accounts have remained stagnant over the years.
  • Another expert cited Ripple's diversified strategy as core to the token's future growth.

Solana Foundation manager Vibhu cautioned XRP investors about the token’s slower growth compared to Solana’s. This comes amid calls for a debate between the two networks.

Expert Says Solana Is Far Ahead of XRP in Network Growth

In a post on X, Vibhu called attention to what he described as “extremely mediocre” growth on the XRP Ledger (XRPL). The expert highlighted data suggesting the network has failed to keep pace with broader market growth.

According to figures he cited from XRPSCAN, the daily active accounts on the XRP Ledger have remained roughly 25,000 for the past three years. In comparison, Solana is averaging more than 2.5 million daily active users, a 100x gap.

Source: XRPScan

Additionally, XRP processes about 1.5 million transactions per day, while Solana handles around 100 million.

On-chain volume comparisons also show that XRP’s monthly transfer volume stands between $50 billion and $60 billion, while Solana’s stablecoin transactions alone reached nearly $2 trillion in October.

This level of activity has attracted the institutional interest of Wall Street. CoinGape previously reported that Western Union plans to launch a Solana-backed stablecoin. The company aims to roll out the token by 2026.

Vibhu dismissed claims that bots inflate Solana’s metrics. He noted that data from analytics firm Blockworks excludes wash volume. 

“Given that both XRPL and Solana have low transaction fees, there’s no reason one would attract bots more than the other,” he argued.

However, the XRPL has made recent technical upgrades. Developers recently introduced the Multi-Purpose Token (MPT) standard. This is designed to simplify the tokenization of real-world assets (RWAs). 

XRP Community Divided Over Ledger’s Growth

The Ripple community is growing increasingly divided over the current state of the XRPL. This occurs as discussions concerning its long-term potential and slow network activity heat up.

Some investors have argued that the foundation has become disconnected from its original purpose. They implied that while other blockchain foundations stay focused on a single network, the XRPL is spreading its resources across multiple projects.

However, XRPL Validator Vet argued that the ledger’s greatest strength lies in its ability to diversify.

“The XRPL is one of the last blockchains that truly embodies the ‘be your own bank’ mentality,” Vet explained. 

Vet noted that while Solanavand and similar networks have built extensive developer ecosystems, XRPL’s built-in tool makes it inherently ready for business use cases.

Vet further noted that the two blockchains serve different purposes and are at distinct stages of adoption. According to him, Solana’s open developer framework naturally drives high activity levels. XRP, on the other hand, prioritizes reliability and integrated tools at the protocol level.

The renewed discussion comes shortly after Vibhu publicly challenged Ripple executives and the token’s community to a live debate on on-chain data. The foundation manager’s comments prompted recent comparisons between the two blockchains.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.