Solana and XRP Clash Over Institutional Standing
- A user claimed Ripple and its XRP are not on the same level as Solana.
- Solana responded by highlighting partnerships with Franklin Templeton, Citi, and Fidelity.
- The discussion emerged under a post about Ripple’s Swell conference featuring institutional panels.
- Western Union plans to issue its stablecoin on Solana, sparking debate among XRP supporters.
- Solana noted the approval of spot Solana exchange-traded funds in the US.
The debate between Solana and an XRP supporter centered around their respective institutional endorsements. Western Union’s choice to launch a stablecoin on Solana added fuel to the discussion, highlighting Solana’s growing traction in institutional markets compared to Ripple’s offerings.
Source (3.2)https://cryptobriefing.com/solana-dunks-xrp-ripple-not-same-level/?rand=59535
