Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana’s Vibhu Challenges Ripple to a Live Debate Over On-Chain Data and Real Network Adoption

Solana’s Vibhu Challenges Ripple to a Live Debate Over On-Chain Data and Real Network Adoption

CointribuneCointribune2025/11/03 22:12
By:Cointribune
Summarize this article with:
ChatGPT Perplexity Grok

A heated discussion is brewing in the crypto world after Solana Foundation manager Vibhu publicly invited Ripple executives and members of the XRP community to a live debate focused solely on on-chain data. His open call on X seeks a “facts-only” discussion about network activity and challenges long-standing claims about XRP’s real-world adoption.

Solana’s Vibhu Challenges Ripple to a Live Debate Over On-Chain Data and Real Network Adoption image 0 Solana’s Vibhu Challenges Ripple to a Live Debate Over On-Chain Data and Real Network Adoption image 1

In brief

  • Solana Foundation’s Vibhu invites Ripple execs to a live debate centered solely on verifiable on-chain data.
  • XRP Ledger’s daily active accounts remain flat at ~25,000 for three years, says Vibhu, calling growth “mediocre.”
  • Solana boasts over 2.5M daily users and ~100M daily transactions, signaling stronger real-world blockchain use.
  • Ripple pushes ahead with DeFi and stablecoin plans as former exec Matt Hamilton accepts Vibhu’s debate challenge.

XRP Ledger Activity Flat for Three Years, Says Solana’s Vibhu

Vibhu said his goal isn’t to discredit Ripple , but to address what he described as persistent denial within the XRP community regarding measurable network performance. He noted that while optimism about future adoption is understandable, the data paint a different picture—one of stagnation rather than growth.

According to XRPScan, the number of daily active accounts on the XRP Ledger has hovered around 25,000 for nearly three years. Vibhu argued that this lack of progress is concerning, given XRP’s long market history and strong brand recognition. His remarks came as Ripple-linked venture Evernorth was listed on Nasdaq, signaling a shift toward institutional visibility rather than on-chain expansion.

In contrast, Solana records an average of more than 2.5 million daily active accounts—roughly a hundred times more than XRP. Vibhu described this gap as an indicator of genuine adoption, reflecting where developers and users are increasingly building.

Vibhu Points to 100x Difference in Activity Between Solana and XRP Ledger

The XRP Ledger currently handles between 1 million and 1.5 million daily transactions, a figure that has grown only modestly in recent years. Meanwhile, Solana processes around 100 million transactions per day, suggesting far greater network utilization across decentralized applications, payments, and trading platforms. 

Vibhu said such comparisons are necessary to anchor discussions in verifiable data rather than community sentiment.

Key differences he highlighted include:

  • XRP Ledger: The number of active accounts has remained relatively stable at around 25,000 for the past three years.
  • Solana: Averages roughly 2.5 million active accounts daily.
  • Transactions: XRP processes up to 1.5 million daily, compared with Solana’s 100 million.
  • Monthly XRP payment volume: Estimated between $50 billion and $60 billion.
  • Solana stablecoin volume: Nearly $2 trillion in October.

Vibhu added that claims about Solana’s activity being inflated by bots are inaccurate, noting that the metrics exclude wash transactions. He said both Solana and the XRP Ledger maintain extremely low transaction fees.

So, XRP should, in theory, attract similar levels of activity if real demand existed. In his view, current performance remains “mediocre,” especially given Ripple’s early entry into the digital payments market.

Ripple Expands DeFi Plans Amid On-Chain Data Challenge

Ripple, however, continues to expand its ecosystem through a DeFi-focused roadmap centered on tokenization and stablecoin adoption. The company’s acquisition of GTreasury has also broadened its enterprise offerings, strengthening its position in cross-border liquidity solutions.

Still, Vibhu urged XRP supporters to re-examine the data and consider how long they are willing to wait for tangible network growth. He emphasized that XRP’s long-term potential depends on turning corporate partnerships into consistent on-chain activity—not merely announcements or new ventures.

In a follow-up post, an XRP Ledger Validator confirmed that former Ripple Director of Developer Relations Matt Hamilton accepted Vibhu’s challenge . Hamilton replied that he was “up for it,” while community figure King Solomon offered to host the debate. 

Vibhu acknowledged the offer, writing, “I’ll DM, please set up a group for us,” suggesting that preparations for the event are already underway.

The planned debate could become one of the first public, data-driven discussions between representatives of two major blockchain communities —each defending its project’s real-world traction and network strength.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Japan’s Digital Yen Trial Builds Blockchain Connections for International Transactions

- Japan's FSA supports a pilot project by MUFG, SMBC, and Mizuho to issue yen-backed stablecoins for cross-border payments under regulatory oversight. - JPYC launched the world's first regulated 1:1 yen-pegged stablecoin, aiming to reduce transaction costs and drive digital asset innovation. - Japan's dual-track approach combines institutional stablecoin experiments with fintech growth, addressing crypto adoption risks while promoting blockchain-driven financial modernization. - Stablecoins are seen as "me

Bitget-RWA2025/11/07 07:38

Bitcoin Updates: Growing Popularity of Stablecoins in Developing Economies Poses Challenges to Bitcoin’s Price Prospects

- Cathie Wood lowers Bitcoin's 2030 price target to $1.2M, citing stablecoins' dominance in emerging markets as a key factor. - Stablecoins like USDT/USDC now serve as primary payment tools in hyperinflationary regions, reshaping crypto's financial role. - Institutional forecasts adjust downward (Galaxy to $120K, JPMorgan at $170K) as stablecoins siphon $300B from traditional banking systems. - Venezuela, Argentina show stablecoins' adoption for cross-border transactions, with potential $1T extraction from

Bitget-RWA2025/11/07 07:02
Bitcoin Updates: Growing Popularity of Stablecoins in Developing Economies Poses Challenges to Bitcoin’s Price Prospects

Zcash News Today: Zcash Bulls Surpass Shorts with $16M Profit Compared to $14.5M Deficit

- Zcash (ZEC) saw $16. 3M long gains vs. $14.5M short losses on Nov 7 amid 15% price surge. - Technical indicators show ZEC above key moving averages with RSI near overbought levels. - Market diverges from BTC/ETH ETF outflows as ZEC gains traction against macroeconomic headwinds. - Risks persist with open $14.5M short position and volatility threatening sustainability.

Bitget-RWA2025/11/07 06:45
Zcash News Today: Zcash Bulls Surpass Shorts with $16M Profit Compared to $14.5M Deficit

Supreme Court Weighs Trump’s Authority on Tariffs in Major Constitutional Dispute

- Trump admits U.S. consumers bear tariff costs, reversing prior claims foreign nations pay, as Supreme Court reviews IEEPA-based tariffs. - Businesses and states challenge tariffs as unconstitutional, arguing IEEPA doesn't authorize executive-imposed duties under the foreign commerce clause. - Courts have ruled against Trump's tariffs, but the administration plans to use alternative statutes like Section 232 to maintain trade policies if IEEPA is struck down. - Legal experts warn a IEEPA victory could ena

Bitget-RWA2025/11/07 06:45
Supreme Court Weighs Trump’s Authority on Tariffs in Major Constitutional Dispute