Expert says don't waste time with people who criticize XRP without understanding it. In an interesting commentary, Altcoin Daily, a leading crypto media outlet, has suggested that some people criticize XRP without fully understanding it. XRP remains one of the most criticized crypto assets in the market despite maintaining a top 5 position consistently for years and boasting an impressive value proposition around cross-border payments. Amid the persistent criticisms, the crypto asset has also recorded occasional upswings, up 16% this year. Some XRP critics do not understand the asset. Most recently, the Altcoin Daily media outlet, run by brothers Aaron and Austin Arnold, pointed out that some of these criticisms against XRP come from people who do not actually understand the asset. In a recent post on X directed at crypto investors, Altcoin Daily charged market participants not to waste their time with these people. For instance, last year, XRP came under heavy attacks from individuals within the Solana community, with some of them citing a lack of utility. Notably, last November, Vibhu Norby, Solana Foundation's Product Marketing Head, argued that, while he wishes to see XRP succeed, the token and its network lag in terms of user traction. Vibhu suggested that XRP had "mediocre" traction, especially when compared with competitor chains like Solana. According to him, investors who have committed their funds to XRP should reconsider their position. A week later, Vibhu sarcastically said investors should sell their house, kids, beds, and other valuables to buy XRP, mocking a popular mantra within the XRP community. However, a month after this FUD campaign, Vibhu retraced his steps, admitting that his understanding of XRP and its community had matured. According to him, he came to "understand the uniqueness of XRP." This occurred shortly after Hex Trust announced plans to launch a wrapped XRP version that could bridge to the Solana network. Further instances of criticism turned praise. In a separate instance, market veteran Raoul Pal argued in August 2024 that XRP investors only held onto the tokens due to a "cult-like" mentality, insisting that they should avoid old coins like XRP. Pal suggested that these investors could miss another bull run. However, in December 2024, after XRP's 284% surge a month before, Pal admitted he was wrong about the token. Moreover, billionaire Mike Novogratz, who persistently criticized XRP years back, also retraced his words, noting in November 2025 that XRP remains one of the few tokens that successfully turned into money. These instances align with Altcoin Daily's recent commentary, which indicates that some of XRP's critics do not actually understand the asset. Meanwhile, the outlet's latest disclosure builds on a series of encouraging commentaries it has made surrounding XRP. Last November, Altcoin Daily suggested that Bitcoin is the reserve asset, while XRP remains the liquidity bridge. In April, the channel noted that XRP was battling an "astounding" level of misinformation. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Solana (SOL) price: Arthur Hayes names two blockchains that will survive. Solana price reaches $138 with 5% gain as analysts predict potential 50% rally. ETF inflows hit $11M while SOL tests $140 resistance level. * Solana price jumped 5% to $138 in 24 hours, with analysts predicting potential 50% rally if key resistance breaks * Solana ETFs saw strong $11.02 million daily inflows, with BSOL leading at $4.44 million * Coinbase integrated Solana tokens for direct trading without formal listing requirements * SOL testing $140 resistance level with support holding at $130; MACD shows neutral momentum * BitMEX founder Arthur Hayes says Solana needs new growth driver beyond meme coins to survive long-term Solana price reached $138 on December 12, 2025, posting a 5% gain over 24 hours. The cryptocurrency has been trading in a consolidation pattern between $130 and $138 for several days. The broader crypto market gained 2.08% during this period. Institutional buying helped drive the increase across multiple cryptocurrencies. SOL currently sits below a key trendline that analysts are watching closely. The cryptocurrency has been in an accumulation phase, with buyers monitoring for a potential breakout. Hex Trust and LayerZero introduced Wrapped XRP on the Solana blockchain. This development added new functionality to the network's ecosystem. Coinbase announced it will facilitate trading of Solana tokens without requiring formal listing. Users on the exchange can now access tokens within Solana's ecosystem directly. Strong institutional demand. Solana ETFs recorded $11.02 million in daily net inflows. Total inflows reached 672.48 million across multiple products. Bitwise's BSOL led with $4.44 million in inflows and a premium of 0.83%. Fidelity's FSOL brought in $3.56 million with a 0.70% premium. Grayscale's GSOL received $2.59 million with a 0.09% premium. VanEck's FSOL recorded $437,550 in inflows during the same period. The MACD indicator shows neutral momentum. The MACD line sits just above the signal line, indicating limited directional pressure. The Chaikin Money Flow indicator registered 0.03. This reflects positive but weak capital flow into the market. Key price levels. Solana faces resistance at $140. The price has tested this level multiple times in recent trading sessions without breaking through. If buyers push through $140, the next target sits at $150. A breakout above this range would confirm the bullish rally scenario. Support holds at $130 for now. If this level fails, the next support zone appears at $120. BitMEX founder Arthur Hayes said Ethereum and Solana will likely be among the few layer-1 blockchains to survive long-term. Most other networks will go to zero, according to Hayes. Hayes noted that meme coins drove much of Solana's demand in 2024 and early 2025. However, he said the network needs a new growth driver moving forward. Solana's lending market has grown to over $3.6 billion in the last 24 hours. JPMorgan recently conducted a debt deal with Galaxy on the Solana network. SOL retested a major support level on Thursday, dropping to $129 after the Federal Reserve announced another rate cut. The price bounced back to $136, showing accumulation activity. Whale activity increased across spot and derivatives markets. However, overall demand from large holders remains relatively weak.

XRP news: Hex Trust and LayerZero launch Wrapped XRP (wXRP) on Solana. * Hex Trust announces the launch of wrapped XRP (wXRP) on Solana. * wXRP will launch on multiple blockchain to boost DeFi and cross-chain use cases. * XRP and SOL prices rebound amid the announcement. In a major XRP news today, Hex Trust is leveraging LayerZero to issue and custody Wrapped XRP (wXRP) to expand its utility in decentralized finance (DeFi) and cross-chain applications. wXRP will launch on multiple blockchains, starting with Solana. XRP coming on Solana to boost DeFi capabilities. Digital asset platform and custodian Hex Trust announced the launch of wrapped XRP (wXRP), which is 1:1 backed by native XRP. It will expand XRP's utility on different DeFi platforms and multiple blockchains, supporting trading and liquidity with RLUSD on Ethereum and other supported networks. It enables authorized merchants to mint and redeem wXRP in a secure and fully compliant environment. Users will also gain access to DeFi rewards opportunities through supported platforms. The wrapped token remains redeemable 1:1 for native XRP held in Hex Trust's regulated custody. wXRP is set to launch with over $100 million in Total Value Locked (TVL), providing strong initial liquidity for the asset. It also increases a broader utility between XRP and RLUSD. "Users of wXRP and RLUSD will benefit from two assets that are built on trusted, compliant infrastructure, enabling broader DeFi utility for XRP and RLUSD across supported blockchains." said Giorgia Pellizzari, CPO and Head of Custody at Hex Trust. wXRP will initially launch on Solana, followed by Optimism, Ethereum, HyperEVM, and other chains. This will allow institutions and individuals to access cross-chain DeFi applications such as swaps, liquidity provisioning, and rewards. Hex Trust to leverage LayerZero's Omnichain Fungible Token standard (OFT) to enable seamless cross-chain participation. Markus Infanger, SVP of RippleX, said: It also fits naturally with the work Coingape is doing with RLUSD, giving people a regulated way to access DeFi and manage their XRP positions across supported chains. Major features of wXRP. wXRP is backed by native XRP and held in segregated and audited custody with Hex Trust. The issuance and redemption of the token are controlled to ensure parity. It has a token-burning mechanism that keeps the total wXRP supply equal to XRP held. Notably, the regulated custody of all XRP with Hex Trust remains under institutional-grade, compliant custody, with AML protections, insurance, and auditability. wXRP will have support across blockchains, enabling multi-chain DeFi use cases. In addition, the new asset allows easier pairing and liquidity between XRP and RLUSD for traders and DeFi protocols. As CoinGape reported, the big XRP news comes amid Ripple's release of the XRPL v3.0.0 upgrade. The upgrade has improved network stability and expanded decentralized finance (DeFi) capabilities, including cross-chain interoperability. XRP and SOL prices amid this major news. XRP price has climbed more than 2% in the past 24 hours, currently trading at $2.03. The 24-hour low and high are $1.98 and $2.05, respectively. Trading volume has decreased by 29% in the last 24 hours, indicating a lack of interest among traders. Meanwhile, SOL price has rebounded more than 6% from a 24-hour low of $130.26. However, traders didn't react to wXRP launch on the Solana network. Trading volume has also dropped by 26%. Why Trust CoinGape