Key Takeaways
- A X person claimed that Ripple and XRP are “not on the identical stage” as Solana.
- Solana responded with a thread of institutional partnerships, ETF mentions, and studies from Franklin Templeton, Constancy, and Citi.
Solana’s official XRP account on Friday entered into a brief back-and-forth with an XRP supporter who claimed that Ripple and its XRP token “aren’t on the identical stage” as Solana.
“If there may be any!!! And I imply ANY DOUBT!!! that Ripple the corporate and XRP the asset aren’t in your stage,” mentioned the XRP supporter, tagging Solana and Western Union, which has tapped Solana for its upcoming stablecoin rollout.
The remark appeared beneath Ripple’s publish selling its upcoming Swell convention, which options institutional panels with executives from Citi, Franklin Templeton, and Constancy.
“Right, not on the identical stage,” Solana’s X account replied, earlier than itemizing proof of its rising institutional traction, together with endorsements and integrations from Franklin Templeton, Citi, and Constancy, in addition to the approval of spot Solana exchange-traded funds within the US.
Earlier this week, Solana’s X account drew responses from members of the Ripple neighborhood after spotlighting Western Union’s determination to challenge its stablecoin on Solana.
The announcement stirred debate amongst XRP supporters, because the remittance big as soon as explored Ripple’s blockchain know-how and XRP for cross-border cash transfers and capital optimization.
