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>>Five Weaknesses of the XRP Ledger Identified by Leading Dev Lists: Is XRP Actually Tailored for Institutional Use?

Five Weaknesses of the XRP Ledger Identified by Leading Dev Lists: Is XRP Actually Tailored for Institutional Use?

crypthub

about 8 hours ago

Perspectives on XRP

Mekras, CEO of Anodos Finance, argued that XRP was built for retail, not institutions, citing 20 M locked in an AMM that has been idle for two years and daily DEX volume under $10 M. Pollux replied that XRP now trades near $1.50, has risen to fourth in market‑cap, and he remains bullish. Their debate highlights a gap between narrative confidence and on‑chain metrics.

Liquidity and Development Issues

Mekras noted XRP’s sparse participation in decentralized liquidity pools versus rivals holding billions, and warned of bugs, delayed amendments, and weak developer tools. He claims these technical gaps limit the ledger’s utility regardless of price. His emphasis stays on functional adoption over market hype.

Market Outlook vs Utility

Pollux separates price action from utility, saying the recent chart supports resilience while the asset shifts toward a utility‑driven role. He acknowledges the transition will be gradual. Both agree that true growth depends on development and adoption, not just sentiment.