Bluejay

I want Ripple and XRP to succeed at an insane degree such that the entire industry moves forward. But the fact is that the community does not argue with facts, even though the data is readily available. And as a longtime engineer and truth seeker, that bothers me. It is totally fine to believe that things will improve in the future. Maybe everyone WILL be using XRP instead of digital dollars to send money. Maybe Ripple through M&A (using the money they've earned from selling XRP to you) is buying their way into massive scale. All could be possible. But that's not what's happening today. Data directly from @xrpscan: - Active daily accounts shows no 3-year improvement, hovering around 25,000 daily active accounts. This year, Solana is averaging over 2.5 million daily active accounts. That's 100x. - "Successful payments" - e.g. transactions in fairness has grown about 50%, but the total daily transactions, around 1.5 million per day, is outclassed by Solana which is handling about 100 million per day. - XRP transfer volume today is about $50-60 billion per month. However, Solana's October STABLECOIN transfer volume alone, which is a small subset of all network assets, was almost $2 trillion. Just to anticipate the replies, which are usually a combination of "oh it's all fake, bots, etc." - this can't be substantiated with data and the data provided here for Solana excludes wash volume (h/t Blockworks). Given both XRPL and Solana have similarly low transaction fees, there's no reason why Solana would uniquely attract bots that XRPL wouldn't. In conclusion, it is very possible that XRPL wins. But the traction so far has been extremely mediocre, given the immense value of the network and the time in market. And if you hold XRP as an investment, you need to seriously consider how much longer it's worth waiting around.