New Official Ripple Document: Demand for XRP Will Increase Its Price
2025-07-13 09:06:01
Main Idea
Ripple's business model is based on the idea that increased demand for XRP, driven by the adoption of its protocol, will lead to price appreciation, with XRP serving utility functions in network security and as a bridge currency.
Key Points
1. Ripple's official document states that its business model relies on the belief that demand for XRP will increase if the Ripple protocol is widely adopted, leading to price appreciation.
2. XRP has a fixed supply of 100 billion units, and Ripple anticipates demand growth as its protocol gains broader adoption.
3. XRP provides utility by securing the Ripple network through transaction fees and reserves, deterring spam and DoS attacks.
4. The document highlights XRP's dual utility functions: network security and serving as a bridge currency.
5. Ripple's business model inherently depends on increasing demand for XRP, which it views as essential for long-term viability.
Description
Crypto researcher SMQKE, via a tweet, has drawn attention to a highlighted excerpt from an official Ripple document, stating: “RIPPLE’S BUSINESS MODEL RELIES ON THE IDEA THAT DEMAND FOR XRP WILL INCREASE ITS PRICE.” The post is accompanied by an image from a Ripple publication titled “XRP Demand Examined,” which outlines the foundational principles behind Ripple’s approach to XRP’s long-term viability. The document in question includes clear statements from Ripple Labs that support SMQKE’s asser...
Latest News
- Software Dev Says SWIFT Will Shock XRP Army with This Announcement2025-07-13 18:51:57
- Here’s What Ripple’s Coming Bank Will Bring for XRP2025-07-13 18:19:34
- Cardano’s (ADA) $1.10 Goal Seems Far, Yet This New Audited AI Token Reached 50% in No Time2025-07-13 17:45:41
- Expert Says XRP Is Peeking Out of the Bull Flag. Here’s the Significance2025-07-13 17:23:23
- Analyst Says XLM Is Making a Strong Move Similar to XRP2025-07-13 16:49:38