Not Even Competitors—So Why Are XRP and Chainlink Fans Still Fighting?
The post Not Even Competitors—So Why Are XRP and Chainlink Fans Still Fighting? appeared on BitcoinEthereumNews.com.
Key Insights: XRP community figures, including Bill Morgan and David Schwartz, pushed back, defending XRPL’s design and Ripple’s long-term XRP distribution strategy. A core disagreement centers on value models: Chainlink uses protocol revenue to buy LINK, while Ripple sells XRP and recently prioritized a $750M equity buyback. The feud reflects deeper crypto tribalism, with XRP and Chainlink communities clashing despite their technologies serving different roles and even overlapping in use (e.g., Chainlink feeds on XRPL-related products). In mid-March 2026, an exchange between supporters of XRP and Chainlink unleashed a public feud. Chainlink liaison Zach Rynes sparked the clash by calling the XRP Ledger an “obsolete ghost chain,” noting that the XRPL accounts for “less than 1%” of tokenized real-world assets and under “0.01%” of on-chain stablecoins. He argued that Ripple’s model, selling XRP to fund operations while issuing equity to shareholders, inherently misaligns incentives. XRP supporters hit back fast. Attorney Bill Morgan said Rynes has an “unhealthy obsession with XRP.” And Ripple co-founder David Schwartz called Rynes’s reasoning flawed. The argument soon moved to numbers. On March 12, 2026, Ripple announced a $750 million share buyback at a $50 billion valuation. Chainlink, on the other hand, quietly added 99,103 LINK to its reserve on January 29, 2026 — roughly $1.1 million at the time. Here’s the thing: the two projects handle money very differently. Chainlink turns network revenue into LINK buybacks. Ripple, however, channels XRP-sale proceeds into corporate equity. The contrast is pretty stark when you look at it. XRP Ghost-Chain Gripes and Community Counterpunches The clash began when Rynes publicly challenged XRP’s narrative. He jeered at the idea that XRPL would become the “primary settlement layer” for tokenized assets, calling its “bridge currency” thesis fundamentally flawed. XRPL’s actual market share figures were cited to underscore his point: according to…
Filed under: News - @ March 18, 2026 12:12 am