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: XRPScanAdditionally, 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.
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.
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.
Source: https://coingape.com/expert-warns-xrp-investors-of-extremely-mediocre-growth-next-to-solanas-100x-activity-surge/
