Now Playing
XRP's Adoption Gap, ETF Collapse & MicroStrategy's $10.7B Loss
Audio is available on Spreaker — see link below.
XRP wallet creation hits a 27-month low even as legal battles are won and ETFs launch — so why aren't retail users showing up? This episode also covers MicroStrategy's mounting unrealized losses and the first forced Bitcoin sales since 2022.
Audio is available on Spreaker — see link below.
XRP won its legal battle. The adoption numbers suggest that may not have mattered.
On the institutional side, the picture shifted sharply in July. XRP ETF inflows that had provided a reliable price floor through the first half of the year reversed.
Against that backdrop, one divergence stands out. Wallets holding between ten million and one hundred million XRP have been accumulating steadily through this period.
Separate from the adoption data, Ripple's leadership made a disclosure this week that reframes how we understand the company's post-settlement position. CEO Brad Garlinghouse confirmed in July twenty-twenty-six that Ripple seriously weighed shutting down during the SEC lawsuit and distributing XRP directly to shareholders rather than continuing to fight.
MicroStrategy is carrying a different kind of stress. The company holds eight hundred and forty-three thousand, seven hundred and seventy-five bitcoin with an unrealized loss of ten point seven billion dollars.
The two things worth tracking from here are both about confirmation. For XRP, the question is whether the EVM sidechain, RLUSD expansion, and tokenized real-world assets generate measurable wallet growth in the next quarter.
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.