Solana’s Vibhu Challenges Ripple Executives to On-Chain Data Debate
- XRP Ledger has maintained approximately 25,000 daily active accounts for the past three years.
- In contrast, Solana averages over 2.5 million daily active accounts, indicating a significant disparity in network engagement.
- XRP Ledger processes about 1 million to 1.5 million daily transactions, while Solana handles around 100 million transactions daily.
- Monthly payment volume for XRP transfers ranges from $50 billion to $60 billion, compared to Solana’s stablecoin transfer volume nearing $2 trillion in October.
- Vibhu criticized the XRP community for ignoring performance metrics and invited them to a live debate focusing on factual data.
- Former Ripple Director Matt Hamilton has accepted Vibhu’s challenge for a public debate alongside community figure King Solomon as host.
Vibhu’s challenge highlights concerns regarding XRP’s stagnant growth despite its long presence in the market, especially when compared to the rapid expansion of Solana’s network activity and transaction volumes.
The upcoming debate aims to address these discrepancies, with XRP’s performance described as “extremely mediocre” by Vibhu, particularly given its established position in digital payments.(Source)
