Is XRP A Scam Or A Trillion-Dollar Coin? Pundit Shares The Answers

The XRP price action has long been a topic of debate in the crypto community, with analysts and investors discussing the reasons behind its weak performance despite ongoing bullish developments. Given the cryptocurrency’s persistent downtrend, some market participants have labeled XRP a scam, suggesting that it lacks real potential and its price is being deliberately suppressed. However, a crypto pundit has addressed these claims, debunking the scam label while shedding light on XRP’s long-term potential as a trillion-dollar asset. 

Why Crypto Users Are Calling XRP A Scam

Vincent Van Code, a crypto analyst on X, has outlined several reasons that counter the idea that XRP, the native token of the XRP Ledger (XRPL), could be a scam. In his post, he asked why people believed “XRP is a scam or it’s not being used.” The analyst’s question connects to the broader criticism that XRP’s price has remained low for years despite its active use in cross-border payments, strong community, partnerships with key financial institutions, and expansion into different regions. 

Before XRP’s rally above $3.5 in 2025, the cryptocurrency was in a steady downward trend for years. The XRP price had been consolidating around the $0.5 level for over four years before it broke past that level in 2024 and jumped above $2. 

With the SEC lawsuit officially over and new developments emerging for Ripple and the XRP Ledger, many believed it would be only a matter of time until the price began rallying again to an explosive high. However, XRP has done the opposite. After crashing from above $3.5 last year, the cryptocurrency has been trading at lower levels around $1.3 for months. This weak price action has prompted many in the crypto community to doubt XRP’s potential, with some labeling it a scam token. 

Analyst Debunks XRP Scam Labels

In his X post, Van Code noted that XRP cannot be a scam if Ripple, a $50 billion company, is actively using the cryptocurrency and working to make it a multi-trillion-dollar asset. He said that there are ongoing plans to use XRP to handle over $1.5 trillion in cross-border payments each year, highlighting its potential role as a bridge currency in global transactions. 

Rather than focusing on near-term price action and current performance, the analyst emphasizes XRP’s core utility as a payments solution and how this could drive long-term potential. Van Code suggested that as XRP continues to be used for payments and gains widespread adoption, its price would begin to appreciate in good time.

Until then, he urges investors and holders to remain patient as XRP builds real-world use and expands its network. Van Code also referenced a recent statement made by Ripple CEO Brad Garlinghouse, who emphasized the importance of XRP, saying that “all roads lead back to Ripple’s North Star, XRP.”