XRP’s price action has long been a topic of discussion in the crypto community, with analysts and investors discussing the reasons behind its weak performance despite continued bullish developments. Given the cryptocurrency’s continued downward trend, some market participants have done so labeled XRP is a scam, which suggests it has no real potential The price is deliberately suppressed. However, a crypto expert 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 Call XRP a Scam
Vincent Van Code, a crypto analyst at X, has done just that outlined There are several reasons that contradict the idea that XRP, the native token of the XRP ledger (XRPL)could be a scam. In his post, he asked why people thought “XRP is a scam or not used.” The analyst’s question echoes 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.
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Before XRP rose above $3.5 in 2025, so was the cryptocurrency has been in a steady downward trend for years. The XRP price consolidated around the $0.5 level for over four years before breaking past that level in 2024 and jumping above $2.
Of the SEC lawsuit is officially over and new developments emerging for Ripple and the XRP Ledger, many believed it would only be a matter of time before the price would rise again to an explosive high. However, XRP has done the opposite. After crashing above $3.5 last year, the cryptocurrency has been trading at lower levels around $1.3 for months. This weak price action has led many in the crypto community to doubt XRP’s potential, and some do labels it as a scam token.
Analyst debunks XRP scam labels
In his X post, Van Code noted that XRP cannot be a scam Ripple, a $50 billion companyis actively using the cryptocurrency and working to make it a multi-trillion dollar asset. He said there are plans to use XRP to handle more than $1.5 trillion in cross-border payments annually, highlighting its potential role. a bridge coin in global transactions.
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Rather than focusing on short-term price action and current performance, the analyst highlights the main utility of XRP as a payment solution and how this could stimulate long-term potential. Van Code suggested that since XRP is still used for payments and is widely accepted, its price will start to rise in time.
Until then, he urges investors and holders to remain patient as XRP builds real-world usage and expands its network. Van Code also referred to a recent statement from Ripple CEO Brad Garlinghousewho emphasized the importance of XRP and said that “all roads lead back to Ripple’s North Star, XRP.”
Featured image from Adobe Stock, chart from Tradingview.com