Vet, a prominent XRP Ledger validator, has refuted the idea that growing adoption of the network has no effect on XRP. He explained that the XRP Ledger has been a multi-asset ledger since 2012 and that XRP serves as an automatic bridge for liquidity between assets traded on the DEX. Unlike issued tokens, XRP is the network’s neutral native asset, cannot be frozen, has no counterparty and can be accepted by anyone. Vet noted that new tokenization or institutional integration does not necessarily cause an immediate price increase, as greater usage and acceptance of the XRP Ledger would need to come first.
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