By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: No, You Can’t Sell 1 XRP for $1,000, Top XRPL Dev Ends Speculation
Share
bitcoin
Bitcoin (BTC) $ 91,176.00
ethereum
Ethereum (ETH) $ 3,097.96
tether
Tether (USDT) $ 0.999146
bnb
BNB (BNB) $ 903.62
usd-coin
USDC (USDC) $ 0.999874
xrp
XRP (XRP) $ 2.05
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.13621
cardano
Cardano (ADA) $ 0.385467
solana
Solana (SOL) $ 138.86
polkadot
Polkadot (DOT) $ 2.05
tron
TRON (TRX) $ 0.299535
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > News > Crypto > Altcoins > No, You Can’t Sell 1 XRP for $1,000, Top XRPL Dev Ends Speculation
Altcoins

No, You Can’t Sell 1 XRP for $1,000, Top XRPL Dev Ends Speculation

October 8, 2025 3 Min Read
Share
image

Each bull cycle brings formidable value calls, however generally all of it will get a bit out of hand. This week, an XRP holder publicly posted an order to promote a single token for $1,000, saying that in the future the market would attain such ranges. The order obtained folks’s consideration, after all, but it surely additionally gave XRPL’s builders an opportunity to clarify how the ledger’s mechanics truly work and why a fantasy itemizing doesn’t imply a purchaser will ever present up.

Wietse Wind, some of the seen builders on XRPL, stated that the community doesn’t simply match any value you place into the system.

One thing should eat by the complete guide and AMM first. Not going to occur. Not like most centralised exchanges, the XRPL will not match on precise value matching provide however discover the perfect provide, that means every part earlier than you within the books first must be “eaten”.

— WietseWind (🪝🛠 @ Xaman®, XRPL & Xahau) (@WietseWind) October 6, 2025

As an alternative, XRPL goes by its order guide and automatic market maker swimming pools, filling trades at the perfect accessible stage. Thus, if there may be an over-the-top promote order, it would simply sit there till all of the extra sensible presents have been cleared. In his phrases, the ledger “finds the perfect provide, that means every part earlier than you within the books first must be eaten.”

He later defined that the concept is that XRP Ledger principally protects customers from themselves. Even when somebody lists 1 XRP at a ridiculously excessive value, like $1,000 or perhaps a determined $0.01, the commerce will nonetheless be executed at across the honest market fee.

What’s honest value for XRP?

At the moment this fee is at about $2.99 per XRP, with sellers lined up round $3.12 and consumers displaying assist close to $2.94. If the $3.12 ceiling breaks, merchants are anticipating a transfer towards $3.30 within the quick time period, whereas slipping below $2.93 might put $2.63 again in play.

What this debate over the $1,000 promote order actually reveals is that XRPL’s matching logic locks you into the true market, not the fantasy listings, which implies value motion stays anchored to liquidity ranges that merchants can truly hit.

You Might Also Like

Solana highlights 3,200 active devs, $1b+ app revenue for second straight quarter

This is how Binance’s cryptocurrency transformed Nano Labs

Ethereum beat Bitcoin the monthly race for institutional money

The first XRP ETF could get to the market this week

Donald Trump’s Cryptocurrency Project WLFI Announced the Great News We’d Been Waiting For! They Had Given the Signal a Week Ago!

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Have Bitcoin Core nodes migrated to Knots after the error?
Have Bitcoin Core nodes migrated to Knots after the error?
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

image
Altcoins

JPMorgan Upgrades Coinbase, Sees Potential $34B Opportunity in Base Token

October 31, 2025
image
Altcoins

The Collaborative Intelligence of AI Agent Network Co-created and Co-owned by The Community

November 5, 2025
image
Altcoins

Consensys’ Ethereum L2 Linea to Launch 72B Tokens

September 9, 2025
Sonic SVM Strengthens $SONIC Scarcity with 24-Month Buy-and-Lock Model
Altcoins

Sonic SVM Strengthens $SONIC Scarcity with 24-Month Buy-and-Lock Model

May 24, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

They introduce bill that prohibits all the memecoins of officials
ZKsync update opens new frontiers on Ethereum
Bitcoin purchases shoot at maximum historical

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: No, You Can’t Sell 1 XRP for $1,000, Top XRPL Dev Ends Speculation
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?