🧐 Why Do They Hate XRP So Much?

Plus, the 'Wall Street token' is...

Happy Thursday!

XRP is one of the most controversial cryptocurrencies out there. And with XRP approaching a $200 billion market cap, a new debate has kicked off.

Ethereum is the ‘Wall Street token’, according to Van Eck’s Jan van Eck: what did he mean by that?

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TOP STORY

Despite XRP's $180 billion market cap surpassing BlackRock, crypto investors remain skeptical, citing its centralized structure, lack of fundamental value and outdated bridge currency model.

Nate Geraci, president of The ETF Store, sparked a heated discussion on X by questioning why XRP remains one of the most disparaged crypto assets, prompting responses from investors and analysts who outlined several reasons for their skepticism.

How did this heated debate go down?

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FINTECH FOCUS

Ethereum's position in global finance is strengthening, with VanEck CEO Jan van Eck describing it as "the Wall Street token."

"Ether has suddenly reared its head and hit new records. It’s very much what I call the Wall Street token," van Eck said in an interview with Fox Business.

He explained that the rise of stablecoins has forced financial institutions to adapt quickly, creating an environment where Ethereum's infrastructure is increasingly indispensable.

What else did he say?

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