New Document Shows RippleNet Depends on XRP

A tweet by Crypto Researcher SMQKE highlights two critical excerpts from recent academic and analytical documents. It asserts RippleNet’s structural dependence on XRP and underscores XRP’s dominance as the principal currency used on its ledger.These claims are supported by data and text drawn from peer-reviewed sources, including a study published by Atlantis Press and a detailed flow analysis of transactions conducted between October 1, 2019, and April 30, 2020.One key excerpt emphasized by SMQKE states: “As one might expect, XRP is by far the most used currency on the ledger in terms of payment volume.”“Ripplenet DEPENDS on XRP.”+ “As one might expect, XRP IS BY FAR THE MOST USED CURRENCY ON THE LEDGER IN TERMS OF PAYMENT VOLUME.”Ripple needs XRP.Documented. https://t.co/CPaTNL4ihL pic.twitter.com/2r5bqMDPpO— SMQKE (@SMQKEDQG) May 12, 2025According to the referenced research, 125 billion XRP were transacted on the XRP Ledger (XRPL) for seven months, averaging approximately 586 million XRP daily. This quantitative assessment confirms XRP’s overwhelming role as the medium of exchange on its native ledger, far surpassing other IOU tokens or currencies issued by entities on the same network.Transaction Flows Centered Around XRPThe graphical representation included in the same study further supports this conclusion. It illustrates the value flow of XRP across major platforms such as Binance, Coinbase, Bitstamp, and Huobi Global, alongside an array of transactions involving other currencies like USD, EUR, CNY, and crypto-assets such as ETH and BTC.The central axis of this flow chart is XRP itself, acting as the predominant currency bridging transactions between senders and receivers. The data reveals that XRP dominates by volume and structural centrality within the transaction architecture.RippleNet’s Systemic Dependence on XRPThe second point in SMQKE’s tweet focuses on RippleNet’s operational model. A section from a 2021 analysis published in Advances in Economics, Business and Management Research affirms that “RippleNet depends much on XRP,” noting that XRP usage is intrinsic to RippleNet’s cross-border, real-time payment system.The paper elaborates that as long as Ripple’s global payment infrastructure remains active, XRP will retain a functional role as its medium of value transfer. It also mentions Ripple’s ambition to elevate XRP’s use beyond RippleNet, including a potential role in central bank digital currency systems, referencing a white paper by Ripple expressing this intent.Ongoing Strategic Efforts to Expand XRP’s UtilityFurther language from the document states that “XRP could become a ‘neutral bridge’ between different currencies,” and that Ripple continues to develop use cases and network configurations that place XRP at the core of its ecosystem.The study distinguishes XRP from other decentralized digital assets by noting that XRP “is totally controlled by Ripple Labs,” underscoring the company’s influence over the asset’s issuance and utility within its broader financial products.In summary, SMQKE’s tweet draws on substantive documentary evidence to reinforce the claim that RippleNet is not merely compatible with XRP but in fact structured around it.The data extracted from transaction records and Ripple’s intentions support the argument that XRP’s role is not peripheral but foundational. From a technological and operational standpoint, XRP continues to serve as the primary vehicle for value movement on the XRPL, with Ripple actively steering its integration into broader institutional frameworks.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post New Document Shows RippleNet Depends on XRP appeared first on Times Tabloid.