Key Takeaways
- A X user claimed that Ripple and XRP are “not on the same level” as Solana.
- Solana responded with a thread of institutional partnerships, ETF mentions, and reports from Franklin Templeton, Fidelity, and Citi.
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Solana’s official XRP account on Friday entered into a short back-and-forth with an XRP supporter who claimed that Ripple and its XRP token “are not on the same level” as Solana.
“If there is any!!! And I mean ANY DOUBT!!! that Ripple the company and XRP the asset are not on your level,” said the XRP supporter, tagging Solana and Western Union, which has tapped Solana for its upcoming stablecoin rollout.
The comment appeared under Ripple’s post promoting its upcoming Swell conference, which features institutional panels with executives from Citi, Franklin Templeton, and Fidelity.
“Correct, not on the same level,” Solana’s X account replied, before listing evidence of its growing institutional traction, including endorsements and integrations from Franklin Templeton, Citi, and Fidelity, as well as the approval of spot Solana exchange-traded funds in the US.
Earlier this week, Solana’s X account drew responses from members of the Ripple community after spotlighting Western Union’s decision to issue its stablecoin on Solana.
The announcement stirred debate among XRP supporters, as the remittance giant once explored Ripple’s blockchain technology and XRP for cross-border money transfers and capital optimization.