Longtime crypto investor Crypto Bitlord has accused Ripple of enriching itself on the expense of $XRP holders.
In a publish on X, Bitlord claimed Ripple “dumped billions” of {dollars}’ price of $XRP on retail buyers and later used these funds to accumulate real-world firms. In accordance with him, $XRP holders have “by no means benefited,” whereas solely Ripple Labs has profited from the technique.
His remarks mark a pointy flip from his earlier bullish stance on $XRP, when he urged followers to build up the token during times of low worth motion.
Key Factors
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Crypto investor Crypto Bitlord claims $XRP holders by no means profit whereas Ripple earnings from token gross sales.
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Bitlord says Ripple “dumped billions” of $XRP on retail and used funds to purchase real-world firms.
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Ripple CEO Garlinghouse stresses acquisitions strengthen $XRP ecosystem and broaden $XRP Ledger utility.
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Frustration grows as $XRP worth struggles, highlighting divide between enterprise focus and retail buyers.
The Set off
Bitlord’s feedback got here in response to a publish by Ripple CEO Brad Garlinghouse from October 2025. On the time, Garlinghouse highlighted the corporate’s acquisition of Hidden Street, now rebranded as Ripple Prime.
He famous that with the closure of Hidden Street, Ripple had accomplished 5 main acquisitions in roughly two years. These embody GTreasury, Rail, Normal Custody, Metaco, and Hidden Street. The CEO emphasised that $XRP sits “on the heart of all the things Ripple does” and inspired supporters to “lock in.”
Ripple described Ripple Prime as making it the primary crypto firm to personal and function a world, multi-asset prime dealer geared toward serving institutional purchasers at scale.
Ripple’s Place: Strategic Strikes to Strengthen $XRP
Nevertheless, Garlinghouse has persistently argued that Ripple’s acquisition technique is to strengthen the $XRP ecosystem and broaden the utility of the $XRP Ledger.
Talking not too long ago in regards to the firm’s path, he defined that the acquisitions weren’t random however aligned with long-term infrastructure objectives. In accordance with Ripple’s management, instruments reminiscent of institutional custody, treasury software program, and liquidity options are to deepen on-chain exercise and enhance adoption.
A part of that technique consists of RLUSD, Ripple’s stablecoin, which Garlinghouse says enhances liquidity on the $XRP Ledger and advantages builders, establishments, and cost flows.
Ripple has additionally maintained a bank-first method since its early days. Whereas the technique as soon as drew criticism, it has positioned the corporate as a blockchain infrastructure supplier for monetary establishments slightly than a disruptor working towards them.
Rising Frustration Amongst Some $XRP Holders
Notably, Bitlord’s criticism displays well-liked frustration amongst some $XRP holders, significantly long-term buyers who anticipated considerably increased worth targets over the previous decade.
In August 2025, Bitlord publicly threatened to promote all his $XRP if it returned to $2, arguing that such a transfer would sign failure after greater than a decade of holding.
That publish sparked debate. Some supporters defended Ripple’s long-term technique, whereas others questioned whether or not the corporate’s institutional progress has actually benefited retail buyers.
$XRP Value and Ripple’s Technique
Certainly, $XRP has struggled to achieve constructive worth motion in latest weeks, with the worth dipping to $1.11 earlier this month. This weak efficiency has led many to wonder if Ripple’s company enlargement instantly will increase $XRP’s worth.
Critics argue that Ripple’s acquisitions primarily strengthen the corporate, not essentially the token’s worth. In the meantime, supporters consider that constructing institutional infrastructure and attaining regulatory readability might help long-term adoption and finally increase $XRP.
At current, the state of affairs highlights a rising divide between Ripple’s enterprise-focused method and retail holders who measure success primarily by worth efficiency.
