$XRP Ledger Foundation Director of Community Hussein Zangana says the XRPL is steadily becoming a more advanced financial network.
In a recent post on X, Zangana, widely known as Vet, said, “Things are coming together on the $XRP Ledger”. Meanwhile, he explained that $XRP’s role on the network is much bigger than just paying transaction fees.
Key Points
- XRPLF’s Vet says the $XRP Ledger is evolving into a strong financial infrastructure network.
- $XRP remains central to XRPL as a neutral bridge asset for liquidity and settlements.
- Vet highlighted XRPL features like AMMs, MPTs, payment channels, and permissioned DEXs.
- The $XRP community is debating whether growth on XRPL will directly boost $XRP demand and price.
$XRP Has More Uses Than Just Fees
According to Vet, the XRPL now has many built-in features that could help attract institutions and everyday users over time.
Specifically, he highlighted the network’s decentralized exchange (DEX), which supports traditional order books and automated market makers (AMMs). He also mentioned compliance tools like Credentials and Permissioned Domains.
Vet also discussed private transfer features for Multi-Purpose Tokens (MPTs), which offer privacy while still meeting on-chain compliance requirements. Meanwhile, he added that the XRPL supports different types of tokens, including IOUs, NFTs, and semi-fungible MPTs.
$XRP as the Main Bridge Asset
A key part of Zangana’s comments focused on $XRP’s role as a bridge asset across the network.
He explained that $XRP is the only native asset on the XRPL that does not rely on another issuer or counterparty. Because of this, it could become the preferred asset for moving liquidity between different tokens and financial products on the ledger.
Vet also highlighted features like built-in escrow and payment channels. He said payment channels, combined with zero-knowledge proofs, could open the door to more use cases in the future.
He also said a permissioned decentralized exchange could help create trading environments that meet regulatory requirements. At the same time, an upcoming lending protocol may offer institutional and consumer lending services directly on the $XRP Ledger.
The validator added that planned upgrades, including Smart Escrows, could make the network more flexible without turning the XRPL into a full smart contract platform.
Community Questions Whether XRPL Growth Will Boost $XRP Price
Meanwhile, the discussion led to a debate about whether growth on the XRPL will directly increase demand for $XRP.
X user CryptoCeej argued that while new infrastructure is important. Yet investors mainly want to know whether increased activity on the XRPL will actually drive $XRP usage and value.
According to CryptoCeej, the biggest question is how much future trading, lending, settlement, and liquidity activity will use $XRP as the primary bridge currency.
Zangana agreed that the network first needs more real on-chain activity before the market can fully evaluate $XRP’s role in the ecosystem.
He added that if the XRPL develops as planned, the growing number of assets on the network could indirectly increase the need for a neutral bridge asset like $XRP.
Indeed. Personally i want us get that activity first on chain and then see it play out but if the xrpl works as intended the long tail of issued assets will benefit from a neutral bridge currency indirectly.
There's lots of small things attached to this, e.g do MMs need tools…
— Vet (@Vet_X0) May 10, 2026
Overall, the comments reflect how the $XRP Ledger is expanding beyond payments into areas like tokenization, decentralized finance, institutional settlement, and compliant blockchain-based finance.
cointelegraph.com