XRP Under Fire: VanEck Research Chief Questions Its Real Utility

The recent comments by Matthew Sigel, head of digital assets research at VanEck, have reignited discussions about XRP's utility, especially as the cryptocurrency landscape evolves with new financial products like spot ETFs. Market commentator Robert Ledferd has also weighed in, suggesting that the upcoming ETF filings could serve as a critical test for XRP's legitimacy. As the market anticipates these developments, the scrutiny on XRP's practical applications and economic viability intensifies, reflecting broader concerns within the cryptocurrency community.