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**Crypto Pundit Mickle Reminds Community Why XRP Still Holds an Essential Place in the Digital Asset World**
Crypto commentator Mickle recently emphasized the foundational value of XRP within the digital asset ecosystem. He explained that the significance of XRP stems from its integral role in the XRP Ledger, a key distinction often overlooked by many in the crypto space. According to Mickle, comparing XRP to stablecoins or other tokens misses the core purpose and value of this cryptocurrency.
### Mickle Says XRP’s Value Is ‘Foundational,’ Not Just a Pitch
In a recent post on X, Mickle pointed out that most people in crypto still don’t fully grasp what sets XRP apart. When asked, “What’s the current pitch for XRP?” he believes it’s the wrong question to ask. XRP doesn’t require a sales pitch because its value is foundational rather than dependent on price movements, short-term trends, or fleeting news.
Instead, XRP is an essential element of the very system that powers the XRP Ledger. Mickle compared XRP to notable cryptocurrencies like Bitcoin and Ethereum, highlighting that all three share key characteristics: they are native, non-issued assets existing without any counterparty. This means XRP isn’t created or backed by any single company or government, giving it lasting importance.
Unlike tokens that rely on external promises or central authorities, XRP is at the heart of a decentralized system that operates independently.
### XRP Ledger Depends on XRP’s Native Role in Decentralized Settlement
Mickle further emphasized that the XRP Ledger itself cannot function without XRP. This crucial aspect is often missed when people compare XRP to other digital assets. The XRP Ledger was designed so that XRP plays a vital role in how value transfers and settles across the network.
He highlighted XRP’s speed, capacity to handle a large number of transactions, and interoperability with other systems as key factors setting it apart from most blockchains in the cryptocurrency realm.
Using Ripple’s payment tools as examples, Mickle demonstrated how XRP facilitates the smooth movement of various asset types—including stablecoins, tokenized assets, and other cryptocurrencies—across decentralized platforms. These tools enable fast and inexpensive money transfers worldwide without reliance on banks or intermediaries.
Mickle also explained that while stablecoins are tied to traditional fiat currencies and depend on conventional financial systems to maintain their value, XRP is a native digital asset with true independence in the digital economy.
This fundamental difference, he said, represents the very essence of cryptocurrency and explains why XRP continues to hold a critical, foundational position in the digital asset landscape.
### The Importance of Truly Understanding XRP
According to Mickle, recognizing the unique, foundational nature of XRP distinguishes those with genuine crypto knowledge from those who do not. Understanding XRP’s role within its ledger and the broader decentralized ecosystem is key to appreciating its enduring relevance.
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*Featured image created with DALL·E. Chart sourced from TradingView.com.*
https://bitcoinist.com/the-value-proposition-of-xrp/