First Ledger Dismisses XRP Price Concerns, Declares ‘XRP Is the Standard’

• First Ledger is a decentralized exchange on XRPL that has made its firm stand on an X post, saying that  XRP is the standard.
• This view is also backed by industry experts like Versan Aljarrah, host of The Black Swan Capitalist, and Crypto author Panos Mekras.

Bitcoin (BTC), the largest token valued at $ 2.19 trillion, is sitting in its glory as it surpassed its previous high of $109,000 as it trades at $110,533. This has the bar high for the rest of the tokens as well. With this, some of Ripple’s (XRP) investors are waiting to see a meteoric rise of XRP and mimic that of Bitcoin.

In 2024, XRP experienced a rally during the final months of 2024, marking one of its most significant price surges in recent years. The rally began in early November, fueled by growing investor optimism during Donald Trump’s re-election and increasing institutional interest in Ripple’s cross-border payment solutions. During this period, XRP soared nearly 600%, climbing from around $0.48 to a high of approximately $3.40 by mid-January 2025.

The rally also coincided with bullish sentiment across the market, as Bitcoin surged to its ATH and Ethereum (ETH) regained upward momentum, helping to lift altcoins in tandem. However, the $3.40 peak proved to be just a psychological and technical resistance level. XRP entered a corrective phase after the high and into a prolonged consolidation range as it hovered around the low $2 range. Several altcoins have recorded double-digit gains, but XRP is struggling to reclaim former highs. And naturally, that’s testing the patience of XRP investors.

First Ledger, a decentralized exchange (DEX) operating on the XRP Ledger (XRPL) designed to facilitate and efficient trading of digital assets through automated market maker (AMM) protocols has stated on an X post that “I’m not worried about the price because XRP is the standard, “but it didn’t highlight further details. Back in 2024, Versan Aljarrah, the founder of Black Swan Capitalist, also posted on X, stating, “Fluctuations and hype are just noise meant to shake you out,”.

Why XRP’s Value Goes Beyond the Charts

These comments all aim to explain that XRP ‘s value isn’t only in its price but also in the technology and utilities that it offers. The XRP ledger’s capabilities, which include fast transactions, minimal fees, a high throughput, and an eco-friendly consensus, support this.

As revealed in our blog post, the ledger has a proven track record, having supported over six million active wallets and processed over 3.3 billion transactions. By launching RLUSD, XRP further enhances its appeal by now giving investors the ability to make cross-border payments, On-chain FX trading, and Peer-to-peer transactions.

These remarks come on the heels of a positive development for the XRP ecosystem. Crypto News Flash recently reported that EURØP, the first MiCA-compliant euro stablecoin from Schuman Financial, is now live on the XRP Ledger. This is meant to enable on-chain finance in Europe and unlock new possibilities for on-chain use cases, including payments and real-world asset tokenization.

XRP has managed to print gains across all the trading sessions, rising by 1.1% in the last 24 hours, 0.3% in the last seven days, 8.2% in the last 30 days, and 361% in the past year. According to our market data, XRP is currently trading at $2.42.