Does Ripple’s ODL Really Drive Up XRP Price? Experts Debate

The post Does Ripple’s ODL Really Drive Up XRP Price? Experts Debate appeared first on Coinpedia Fintech News

Renowned crypto figure Panos Mekras recently sparked a lively debate within the XRP community, focusing on Ripple’s On-Demand Liquidity (ODL), now rebranded as Ripple Payments, and its impact on XRP’s market value.

Mekras firmly stated the fact that Ripple’s solution for cross-border payments, though successful, does not guarantee to influence the price of XRP. Developers revealed that Ripple promotes its products, like ODL, as part of its business strategy. Yet, recent data shows XRP purchasers make independent investment decisions, not solely relying on Ripple’s efforts. 

When I said that a while ago, I was attacked by some people purely for telling the truth. Now that Ripple says it and has confirmed it, what?

As a reminder: Ripple's use case and cross-border payment solution for XRP, no matter how successful (and I hope it is because it's a… https://t.co/yWu9KAOU9X