On October 23, 2026, Vet, a prominent XRP Ledger (XRPL) validator, pushed back against a persistent belief that expanding use of the XRP Ledger does not necessarily benefit XRP itself. Responding to comments that XRP is absent from tokenization trends and that its price has not moved despite ecosystem growth, Vet said such complaints stem from a basic misunderstanding of how the network operates.
He emphasized that the XRP Ledger has functioned as a multi-asset ledger since 2012, with XRP playing a special role through auto-bridging. This mechanism allows XRP to bridge liquidity on the decentralized exchange for a long tail of assets, in addition to covering reserves, accounts and fees. Vet added: "More importantly, it's the only native asset on the network without a counterparty, neutral, can't be frozen, and anyone can accept it."
On the question of price, Vet argued that XRP does not need to rally immediately after tokenization or institutional integrations. Instead, adoption should come first, with price appreciation potentially following as a knock-on effect of large-scale usage and acceptance of the XRP Ledger. "A valuable network is a good place to house money," he said.
