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XRP needs a Solana-style strategy to keep up: Ripple executive

Cointelegraph
A Ripple executive suggests XRP Ledger needs Solana's pragmatic speed and execution focus to maintain competitiveness beyond technical superiority.

Summary

Luke Judges, Ripple's global partner success lead, argued that technical strength alone is insufficient for long-term relevance in the layer-1 space, citing Solana's success as driven by its "pragmatism and speed" in execution and go-to-market strategy. Judges believes the XRP Ledger (XRPL) should adopt a similar focus on developer onboarding, tooling, and validator incentives to accelerate adoption.

This view contrasts with Ripple CTO David Schwartz, who champions the XRPL's core strengths: reliability, stability, and institutional-grade performance, arguing that prioritizing raw speed, like Solana, risks stability issues evidenced by Solana's past outages. Schwartz maintains that XRPL's consistent finality and low fees are superior for real-world finance.

Judges' mandate for XRPL is to focus on improving developer experience, sharpening market strategy to quickly capitalize on new features like smart contracts, and leveraging its reliability for enterprise adoption while adopting rival networks' operational speed. The discussion underscores a broader industry tension between prioritizing robust stability versus rapid, pragmatic execution velocity.

(Source:Cointelegraph)