Eduard Watson

1 year ago

XRP is the native token of Ripple. What we know now as simply XRP was part of a rebrand that seemed to be designed in order to highlight the distance there is between Ripple and XRP.

There have been a few theories that were discussed regarding the subject that involve the reasons for which this might have happened.

Ripple was accused of dealing an unregulated security, XRP

As you all know, XRP has been investigated more than once as a part of a securities claim within which Ripple, the company, has been accused of dealing an unregulated security.

More than that, Ripple has also been accused of holding a massive amount of XRP which meant that the currency was allegedly centralized.

Ripple is still the biggest holder of XRP, having around 60 billion coins within the company’s reserves, and this issue doesn’t seem to have been addressed yet.

Anyway, Ripple’s important names have addressed all these issues lots of time, denying that XRP is centralized.

This recent rebrand probably highlights more the fact that the company really wants to distance itself from the token XRP.

On the other hand, Ripple clearly keeps supporting the token by promoting its xRapid product which will probably launch in October and which is XRP-based.

More than that, all developments and achievements made by Ripple are mirroring themselves into XRP’s price. This is not a bad thing after all.

Overall, XRP’s price has been rapidly growing, and it’s expected to grow even more.

A separation has occurred between Ripple and XRP

On the other hand, it seems that after the rebrand, there is a mental separation that has occurred and finally the general population understands XRP as a different entity, as a separate part of the Ripple project, and people have stopped calling XRP, Ripple.

“According to the online Google trends tool, which allows for comparison of keyword terms by search volume, XRP has not only more than doubled in searches over the past week, but is putting distance between its association with Ripple–the original company behind the cryptocurrency,” Ethereum World News notes.

They continue and explain that “While XRP has managed an increase in keyword search volume, a sign that has bode well historically for both the price and interest in a coin, Ripple and other cryptocurrency variants of the blockchain startup in relation to the XRP token appear to be falling to the wayside. And for good measure.”

People Mentioned

Anthony Antonopoulos

Popular figure and speaker for the crypto industry.

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

VOLTZ

Voltz

CLR

Color Platform

CCC

Concierge Coin

BBGC

Big Bang Game Coin

RAGNA

Ragnarok

UT

Ulord

SHARD

Shard

IMPL

Impleum

PAC

PAC Global

DVP

Decentralized Vulnerability Platform

XTA

Italo

ELTCOIN

ELTCOIN

SMLY

SmileyCoin

NEC

Nectar

OVC

OVCODE

ADL

Adelphoi

DTC

Datacoin

PSC

PrimeStone

VLU

Valuto

VOTE

Agora

ZCL

ZClassic

BOA

BOSAGORA

TYPE

Typerium

EtLyteT

Ethlyte Crypto

EFX

Effect.AI

VULC

VULCANO

CYBR

CYBR Token

RPM

Repme

ONOT

ONOToken

PTON

PTON

BECN

Beacon

SFCP

SF Capital

DEV

DeviantCoin

XBP

BlitzPredict

HYT

HoryouToken

SNPC

SnapCoin

BDX

Beldex

CHT

Countinghouse

PENG

PENG

XMX

XMax

SDA

eSDChain

ANC

Anoncoin

XSR

Xensor

ETA

Etheera

OPNN

Opennity

KNT

Knekted

RPZX

Rapidz

NSD

Nasdacoin

ODEX

One DEX

IOP

Internet of People

BTK

Bitcoin Turbo Koin

PLA

PlayChip

PEDI

Pedity

FNB

FNB Protocol

ADC

AudioCoin

ZPT

Zeepin

QRL

Quantum Resistant Ledger

BBK

Bitblocks

GFUN

GoldFund

TRAID

Traid

BBS

BBSCoin

VTA

Virtacoin

ESCE

Escroco Emerald

TOC

TouchCon

CNX

Cryptonex

XLMX

Stellar Classic

DASHG

Dash Green

TTN

Titan Coin

JCT

Japan Content Token

ISR

Insureum

BITBTC

bitBTC

WEBN

WEBN token

HAVY

Havy

DFS

Fantasy Sports

CATT

Catex Token

JNB

Jinbi Token

PROC

ProCurrency

CRD

CryptalDash

HLX

Hilux

HBZ

HBZ coin

YEE

YEE

GRAT

Gratz

N8V

NativeCoin

EVC

Eva Cash

ELEC

Electrify.Asia

OBSR

Observer

NYEX

Nyerium

MOON

Mooncoin

ATB

ATBCoin

CLB

Cloudbric

PASC

Pascal

ASG

Asgard

SWC

Scanetchain

UBTC

United Bitcoin

AEG

Aegeus

ERO

Eroscoin

ACDC

Volt

HUM

Humanscape

HYPE

Hype Token

ZNN

Zenon

AEC

EmaratCoin

AAC

Acute Angle Cloud

SWTC

Jingtum Tech

BTCB

Bitcoin BEP2

IOG

Playgroundz

WAGE

Digiwage

CSTL

Castle

CNNS

CNNS

RTH

Rotharium

YEED

YGGDRASH

NODE

Whole Network

BTCONE

BitCoin One

SPT

Spectrum

HPC

Happycoin

BOLI

Bolivarcoin

VEO

Amoveo

DMD

Diamond

GEN

DAOstack

MASH

MASTERNET

TRN

Treelion

BIFI

Bitcoin File

LML

Lisk Machine Learning

FLDC

FoldingCoin

J

Joincoin

FOR

FORCE

PBT

Primalbase Token

SKT

SealBlock Token

VOCO

Provoco Token

PRJ

Project Coin

XMCC

Monoeci

QUAN

Quantis Network

KIN

Kin

HKN

Hacken

APL

Apollo Currency

SEER

SEER

WRC

Worldcore

XAP

Apollon

MPG

Max Property Group

POP

PopularCoin

VEST

VestChain

BC

Bitcoin Confidential

TMN

TranslateMe Network Token

MANNA

Manna

EBTC

eBitcoin

VENA

VENA

PUT

PutinCoin

SHB

SkyHub Coin

AKA

Akroma

MOC

Moss Coin

IHF

Invictus Hyperion Fund

INC

Influence Chain

ATP

Atlas Protocol

APR

APR Coin

AIB

Advanced Internet Blocks

KUBO

KuboCoin

ATX

Aston

PNK

Kleros

VME

VeriME

LDOGE

LiteDoge

GOT

ParkinGo

NTR

Netrum

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BoutsPro

TRP

Tronipay

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Ether Zero

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Amon

UGC

ugChain

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Trollcoin

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Bitcoin Adult

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Neumark

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Arbidex

XXX

AdultChain

CYFM

CyberFM

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Digitalcoin

ESP

Espers

RBG

Rankingball Gold

ALT

Alt.Estate token

1WO

1World

BEZ

Bezop

MFTU

Mainstream For The Underground

XLR

Solaris

BZL

BZLCOIN

MAPR

Maya Preferred 223

URAC

Uranus

CMCT

Cyber Movie Chain

MRS

Marginless

TRC

Terracoin

UNI

UNICORN Token

FXT

FuzeX

MEC

Megacoin

DIN

Dinero

BUL

Bulleon

MFC

MFCoin

PXG

PlayGame

SKIN

SkinCoin

NOAH

Noah Coin

EOST

EOS TRUST

COB

Cobinhood

COAL

BitCoal

BUD

BUDDY

CHEESE

Cheesecoin

INNBCL

InnovativeBioresearchClassic

XET

ETERNAL TOKEN

FIII

Fiii

SPRKL

Sparkle

FYP

FlypMe

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Rivetz

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Bidooh DOOH Token

INSTAR

Insights Network

BOLTT

Boltt Coin

KAASO

KAASO

XIN

Infinity Economics

DTEP

DECOIN

ALV

ALLUVA

STX

Stox

EVED

Evedo

PMNT

Paymon

NTY

Nexty

SIG

Spectiv

BSTN

BitStation

REBL

REBL

FLM

FolmCoin

XCLR

ClearCoin

CCRB

CryptoCarbon

PND

Pandacoin

CRE

Cybereits

NBOT

Naka Bodhi Token

PHI

PHI Token

JIYO

Jiyo [OLD]

MRK

MARK.SPACE

WYS

wys Token

ORS

Origin Sport

NBAI

Nebula AI

C8

Carboneum [C8] Token

QDAO

Q DAO Governance token v1.0

CCO

Ccore

GPYX

GoldenPyrex

SKY

Scopuly

DACS

DACSEE

BTRN

Biotron

ADM

ADAMANT Messenger

PAXEX

PAXEX

WAND

WandX

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Coinchase Token

BIT

BitMoney

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Rupaya

FREE

FREE Coin

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CoinUs

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Proton Token

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INDINODE

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CyberMusic

ZP

Zen Protocol

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eXPerience Chain

OLXA

OLXA

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CEDEX Coin

BUZZ

BUZZCoin

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Mero Currency

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Blockmason Link

ARY

Block Array

STA

Starta

HWC

HollyWoodCoin

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SounDAC

PAT

Patron

XPTX

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PDATA

PDATA

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STEM CELL COIN

ARCT

ArbitrageCT

COTN

CottonCoin

OCUL

Oculor

INF

Infinitus Token

NOBS

No BS Crypto

NPXSXEM

Pundi X NEM

RC20

RoboCalls

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IP Exchange

QBX

qiibee

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StrongHands Masternode

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Decentralized Crypto Token

ENTRC

EnterCoin

UCASH

UNIVERSAL CASH

ALB

ALBOS

DAGT

Digital Asset Guarantee Token

WEB

Webcoin

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Banyan Network

PNX

Phantomx

ETG

Ethereum Gold

MXT

MarteXcoin

BTX

Bitcoin X

OCL

Oceanlab

GOD

Bitcoin God

CDC

Commerce Data Connection

AZART

Azart

TRXC

TRONCLASSIC

REF

RefToken

HUR

Hurify

MATIC

Matic Network

DGTX

Digitex Futures

BCV

BitCapitalVendor

TNT

Tierion

ETN

Electroneum

SOLVE

SOLVE

EURS

STASIS EURO

XZC

Zcoin

NPXS

Pundi X

NEX

Nash Exchange

SEELE

Seele

GNT

Golem

ELF

aelf

SNT

Status

RIF

RIF Token

ZIL

Zilliqa

REN

Ren

AOA

Aurora

STEEM

Steem

NEW

Newton

ENJ

Enjin Coin

CRPT

Crypterium

FTT

FTX Token

IOST

IOST

ARDR

Ardor

NRG

Energi

XVG

Verge

NEXO

Nexo

MAID

MaidSafeCoin

BTM

Bytom

MCO

MCO

AE

Aeternity

HC

HyperCash

KMD

Komodo

QNT

Quant

BCN

Bytecoin

BTS

BitShares

MONA

MonaCoin

ICX

ICON

WAVES

Waves

SC

Siacoin

BCD

Bitcoin Diamond

THETA

THETA

BTT

BitTorrent

REP

Augur

LSK

Lisk

DGB

DigiByte

ALGO

Algorand

DAI

Dai

VSYS

V Systems

KCS

KuCoin Shares

NANO

Nano

SNX

Synthetix Network Token

OMG

OmiseGO

EKT

EDUCare

ABBC

ABBC Coin

CENNZ

Centrality

SXP

Swipe

BTG

Bitcoin Gold

RVN

Ravencoin

ZB

ZB

DCR

Decred

LUNA

LUNA

HOT

Holo

QTUM

Qtum

VET

VeChain

ZRX

0x

TUSD

TrueUSD

HEDG

HedgeTrade

ZEC

Zcash

PAX

Paxos Standard

ONT

Ontology

DOGE

Dogecoin

BAT

Basic Attention Token

XEM

NEM

CRO

Crypto.com Coin

MKR

Maker

USDC

USD Coin

NEO

NEO

ETC

Ethereum Classic

XTZ

Tezos

ATOM

Cosmos

DASH

Dash

MIOTA

IOTA

HT

Huobi Token

XMR

Monero

LINK

Chainlink

ADA

Cardano

LEO

UNUS SED LEO

TRX

TRON

XLM

Stellar

BSV

Bitcoin SV

EOS

EOS

BNB

Binance Coin

LTC

Litecoin

BCH

Bitcoin Cash

USDT

Tether

XRP

XRP

ETH

Ethereum

Companies Mentioned

Tron Foundation

Tron Foundation

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1450 Articles
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