The XRP price action has long been a topic of debate in the crypto community, 
with analysts and investors discussing the reasons behind its weak performance 
despite ongoing bullish developments. Given the cryptocurrency’s persistent 
downtrend, some market participants have labeled XRP a scam, suggesting that 
it lacks real potential and its price is being deliberately suppressed. 
However, a crypto pundit has addressed these claims, debunking the scam label 
while shedding light on XRP’s long-term potential as a trillion-dollar asset. 
Why Crypto Users Are Calling XRP A Scam Vincent Van Code, a crypto analyst on 
X, has outlined several reasons that counter the idea that XRP, the native 
token of the XRP Ledger (XRPL), could be a scam. In his post, he asked why 
people believed “XRP is a scam or it’s not being used.” The analyst’s question 
connects to the broader criticism that XRP’s price has remained low for years 
despite its active use in cross-border payments, strong community, 
partnerships with key financial institutions, and expansion into different 
regions. Related Reading: Ripple Execs Are Firing Back And XRP Investors Could 
Be In For A Good Time Before XRP’s rally above $3.5 in 2025, the 
cryptocurrency was in a steady downward trend for years. The XRP price had 
been consolidating around the $0.5 level for over four years before it broke 
past that level in 2024 and jumped above $2. With the SEC lawsuit officially 
over and new developments emerging for Ripple and the XRP Ledger, many 
believed it would be only a matter of time until the price began rallying 
again to an explosive high. However, XRP has done the opposite. After crashing 
from above $3.5 last year, the cryptocurrency has been trading at lower levels 
around $1.3 for months. This weak price action has prompted many in the crypto 
community to doubt XRP’s potential, with some labeling it a scam token. 
Analyst Debunks XRP Scam Labels In his X post, Van Code noted that XRP cannot 
be a scam if Ripple, a $50 billion company, is actively using the 
cryptocurrency and working to make it a multi-trillion-dollar asset. He said 
that there are ongoing plans to use XRP to handle over $1.5 trillion in cross- 
border payments each year, highlighting its potential role as a bridge 
currency in global transactions. Related Reading: XRP Price Set To Rise As 
It’s Set To Capture A $180 Trillion Market; Analyst Rather than focusing on 
near-term price action and current performance, the analyst emphasizes XRP’s 
core utility as a payments solution and how this could drive long-term 
potential. Van Code suggested that as XRP continues to be used for payments 
and gains widespread adoption, its price would begin to appreciate in good 
time. Until then, he urges investors and holders to remain patient as XRP 
builds real-world use and expands its network. Van Code also referenced a 
recent statement made by Ripple CEO Brad Garlinghouse, who emphasized the 
importance of XRP, saying that “all roads lead back to Ripple’s North Star, 
XRP.” Featured image from Adobe Stock, chart from Tradingview.com

Is XRP A Scam Or A Trillion-Dollar Coin? Pundit Shares The Answers

GoMining’s GoBTC protocol promises instant authorization and on-chain Bitcoin 
settlement with a 0.2% merchant fee, positioning miner-run rails as a low-cost 
challenger to Visa and Mastercard. According to Forbes, GoMining will formally 
debut its GoBTC payment protocol at this year’s Consensus…

GoMining unveils GoBTC payments protocol with 0.2% merchant fee

Escalating tensions in the Strait of Hormuz could disrupt global oil supply 
and heighten geopolitical instability in the region.
The post Iran missile strikes UAE amid rising tensions in Strait of Hormuz 
appeared first on Crypto Briefing.

Iran missile strikes UAE amid rising tensions in Strait of Hormuz

The collaboration could boost Solana&#8217;s market value and utility, while having 
a limited short-term impact on Google&#8217;s stock performance.
The post Google Cloud, Solana launch pay-as-you-go AI system using stablecoins 
appeared first on Crypto Briefing.

Google Cloud, Solana launch pay-as-you-go AI system using stablecoins

Nigeria&#8217;s crude supply issues could exacerbate global oil supply constraints, 
potentially impacting economic stability and energy policies.
The post Nigeria crude supply shortfall may push oil prices to $90 by June 
appeared first on Crypto Briefing.

Nigeria crude supply shortfall may push oil prices to $90 by June

Increased Russian troop desertions could weaken military efforts, impacting 
strategic objectives and altering geopolitical dynamics in Ukraine.
The post Russian troop desertions strain efforts to capture Kostyantynivka 
appeared first on Crypto Briefing.

Cryptocurrency price in UAH

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