In a recent post on X, the former Goldman Sachs executive pointed to the TOTAL3 market cap chart, highlighting that its current structure is impossible to ignore.

You can't help but stare at this chart… Total market cap ex BTC and ETH. pic.twitter.com/Ip44qy1GwE

— Raoul Pal (@RaoulGMI) September 9, 2025

Understanding the TOTAL3 Market Cap

The TOTAL3 index measures the market capitalization of all cryptocurrencies except Bitcoin and Ethereum. By excluding the two largest digital assets, the index places XRP at the top of the altcoin category. At present, TOTAL3 is valued at $1.09 trillion, reflecting a 3% increase since the beginning of this week.

Pal emphasized that the chart is approaching the resistance line of a large descending triangle, a pattern that has contained price action since TOTAL3 hit $1.13 trillion in November 2021.

Previous attempts to break out, including one during December 2024 when the index touched $1.16 trillion, were unsuccessful. With the index once again nearing the same level, Pal believes the market could soon face a decisive moment.

Historical Parallels to 2020 Breakout

The optimism is partly based on market behaviour during 2020. At that time, TOTAL3 broke above a similar descending triangle structure, sparking a dramatic rise from roughly $65 billion to more than $1.1 trillion by late 2021.

That move coincided with one of the most significant altcoin rallies in history, as funds rotated out of Bitcoin and Ethereum into smaller-cap assets, many of which reached new record highs.

Pal suggested that a comparable breakout now could initiate another period of rapid expansion for altcoins, with XRP and other large-cap tokens positioned to lead.

Bitcoin Dominance Weakens

Another factor supporting this outlook is the decline in Bitcoin’s market share. After peaking near 66% in June, Bitcoin dominance has fallen by nearly 12%. The metric now sits at 58.20% and has logged three consecutive days of decline. This shift reflects growing investor interest in altcoins, particularly as Ethereum and other leading projects show renewed momentum.

Analysts often view falling Bitcoin dominance as an early indicator of an “altseason”, where non-BTC assets outperform. Pal has previously compared the current environment to the 2017 cycle, pointing to both technical patterns and macroeconomic conditions, including the weakening U.S. dollar, as drivers that could fuel a similar outcome.

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While Pal has not singled out many individual tokens, he has consistently noted his confidence in XRP’s potential. In August, he stated that XRP could achieve new highs once the broader market enters its next bullish phase. With TOTAL3 approaching critical resistance and Bitcoin’s share of the market slipping, conditions appear to be aligning with his projection.

For now, the TOTAL3 chart remains the key metric to watch. A confirmed breakout above long-standing resistance could validate Pal’s bullish thesis and mark the beginning of a broader altcoin surge, with XRP expected to play a leading role.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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In his most recent market briefing, Pal described the digital asset space as a sequence of staggered rallies, with each token moving at different points in the cycle.

XRP’s Current Position in the Market

According to Pal, Ethereum has already transitioned into its expansion phase, while Solana and Sui are next in line. He believes XRP has also begun shifting out of consolidation, despite showing a 3.98% decline in August 2025. The token had previously gained more than 35% in July, a performance he sees as the early stage of a larger upward movement.

His assessment follows Bitcoin’s climb to a record high above $124,000 before a pullback that redirected market interest toward altcoins. Historically, this type of rotation, where profits from Bitcoin are redistributed into other tokens, has fueled altcoin rallies. Pal expects XRP to be one of the primary beneficiaries of the current phase.

XRP… in the process of Full Porting… pic.twitter.com/U06LyPqvX1

— Raoul Pal (@RaoulGMI) August 29, 2025

Historical Cycles and Chart Analysis

Pal presented a long-term chart of XRP, tracking its performance since 2014. The analysis highlights a recurring pattern in which long periods of sideways movement within wedge or triangle formations precede significant price advances.

The first major example occurred between 2014 and early 2017, when XRP remained compressed inside a large descending triangle before breaking out and reaching $3.30 in January 2018. Following that rally, the token corrected for several years, forming a falling wedge that concluded in late 2020. The breakout from that pattern pushed XRP to nearly $2 in April 2021.

From 2021 to late 2024, XRP entered another extended consolidation phase within a descending triangle. A breakout in November 2024 drove the token above key resistance levels at $1, $2, and $3. Currently, XRP is trading just under $3, forming a narrower triangular pattern.

Analysts note that this structure resembles a pennant, which in technical terms often indicates the continuation of an existing trend. A confirmed breakout could validate Pal’s view of an ongoing upward move, while a breakdown might send the token back toward the $1.70–$2.00 range.

Broader Market and Liquidity Conditions

Beyond XRP, Pal emphasized that global liquidity trends play a critical role in shaping crypto cycles. He pointed to the strong relationship between Bitcoin and the growth of the global money supply, specifically the M2 metric. Historically, Bitcoin tends to rise about twelve weeks after liquidity expands, with capital eventually flowing into other digital assets such as XRP.

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Pal added that major economies, including the United States, China, Japan, and the European Union, are set to refinance substantial levels of debt. This process requires continued liquidity support from central banks, creating favorable conditions for risk assets, such as cryptocurrencies.

Combined with improving regulatory clarity, institutional adoption, and sovereign-level interest in digital assets, he believes the current environment is similar to the 2017 altcoin rally.

Pal’s research at Global Macro Investor suggests that the present bull market may extend into the first half of 2026. He argues that slower global economic growth will likely force policymakers to maintain accommodative policies, prolonging the flow of capital into speculative markets. He maintains that the acceleration phase of this cycle began in mid-2024 and expects it to intensify in the coming quarters, with XRP well-positioned to benefit from the shift.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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He quickly corrected the statement by revealing the exact buying date, showcasing his commitment to transparency and highlighting the ability of experienced investors to balance market psychology with strategic action.

Market Context: Then and Now

On June 28, 2021, XRP was trading at roughly $0.64, making Pal’s entry price of $0.60 plausible and timely in alignment with market levels of that period. As of report time, XRP is trading at $3.27, an approximate 5.5-fold gain from his entry. 

Sorry since 28th June 2021

— Raoul Pal (@RaoulGMI) August 9, 2025

This significant appreciation over four years frames Pal’s patience as potentially rewarding. At a market price now hovering in the low-$3 range, his entry remains notable for having been executed well before the explosive rally period that followed regulatory developments and renewed confidence in Ripple’s business outlook.

Strategic Implications of His Long-Term Position

Pal’s willingness to hold XRP for a multi-year span indicates conviction, not driven by speculation, but likely informed by macro-level analysis and conviction in the long-term network utility. 

Today’s price surge has been underpinned by factors such as waning SEC litigation shadows, resurgent whale accumulation, and technical bullish breakouts. For example, XRP has formed bullish technical patterns, characterized by increased futures open interest and rising on-chain metrics such as MVRV golden crosses.

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By holding through volatile cycles and regulatory uncertainty, Pal illustrates that strategic macro players may still view XRP as a valid long-term asset, particularly when entry occurs at valuations that feel opportunistic by today’s standards.

Validation Through Time

What began as an offhand critique of retail psychology ultimately turned into a compelling investment story. Pal’s early and sustained exposure to XRP not only reinforces his analytical credibility but also shines as a testament to disciplined capital allocation. 

For observers and the XRP community alike, his position represents a form of retrospective validation: an investment that withstood skepticism, regulatory friction, and market flux, and now stands on firmer footing amidst revived bullish sentiment.

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In both cases, the dollar surged immediately after Trump’s victory, followed by a sharp reversal. This shift signaled changing financial conditions and set the stage for market reactions in the quarters that followed.

In Pal’s words, “The dollar ripped in the back end of 2016, it ripped in the back end of 2024,” describing this as a tightening of financial conditions that typically manifests in markets around three months later. This played out once again, with early 2025 experiencing a broad market correction, mirroring what occurred in the first quarter of 2017.

The dollar’s rally proved short-lived, reversing as policy signals from the Trump administration pointed toward a deliberate effort to engineer cyclical dollar softness as part of a broader economic strategy.

Raoul Pal’s Prediction and XRP Rally

The video of Pal’s remarks was shared by Digital Asset Investor (@digitalassetbuy) on X, who tied the broader macroeconomic narrative directly to XRP’s performance in the previous Trump cycle. In his post, he highlighted how XRP surged nearly 30,000% during the 2017–2018 period, rising from fractions of a cent to an all-time high near $3.84.

The conditions Pal outlined, including dollar volatility, political pressure on currency direction, and the resulting impact on liquidity, closely match the setup during XRP’s last historic run.

Trump 2017 Cycle Repeating. XRP surged almost 30,000% during 2017-2018 pic.twitter.com/QAceNPd9LG

— Digital Asset Investor (@digitalassetbuy) July 7, 2025

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Positioning for 2025

The 2025 cycle shares key traits with 2017. A policy-driven push toward weaker dollar conditions, easing liquidity constraints, and investor appetite for asymmetric risk. Digital assets historically benefit in these conditions, and XRP, with its prior breakout history, remains a prime candidate for outsized gains.

Experts have advised investors to buy XRP instead of saving dollars, and the digital asset’s previous surge occurred under nearly identical macro pressures, making its performance highly relevant as the dollar trend reverts downward once again.

Potential Upside Scenario

XRP is currently trading at $2.3, showing renewed interest following the dollar’s pullback and despite the Federal Reserve’s hesitance to cut rates. If XRP were to repeat even a fraction of its previous 30,000% move under similar macro conditions, the implications would be significant.

For example, a 1,000% gain from current levels would place XRP around $25.3, while a repeat of the full 30,000% surge would theoretically lift XRP to $692.3. While such extremes are speculative, the setup has historical precedent. As the dollar weakens and Trump repeats past policy patterns, XRP is regaining attention.

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His analysis, shared during a recent episode of the Rekt Vision podcast, highlights a bullish continuation pattern on XRP’s weekly chart.

Technical Setup Suggests Upward Momentum

According to Pal, XRP’s recent price movements align with the characteristics of a bull flag pattern, a technical structure often viewed as a sign of continued bullish momentum. This pattern typically consists of a sharp upward movement followed by a period of price consolidation. A breakout from this consolidation zone often signals the resumption of the previous uptrend.

Pal identified that XRP entered this consolidation range following a significant rally between November 2024 and January 2025. During that period, XRP surged from $0.50 to a seven-year high of $3.40, marking a 580% increase. This dramatic rise formed the “flagpole” of the bull flag structure.

However, after reaching its peak, XRP encountered resistance at the $3.40 level, triggering a correction that pulled the price below $2. Since then, the asset has gradually stabilized above the $2 threshold, trading in a narrow range for approximately four months.

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Pal Highlights Bullish Outlook Despite Consolidation

Despite XRP’s recent subdued performance, he remains optimistic. The investor noted that while XRP has registered lower highs in recent weeks, indicating that bearish forces still exert some control, the broader technical setup supports the possibility of a breakout.

Although Pal disclosed that he is not currently holding XRP, he acknowledged the strength of the chart pattern, stating that it points to potential upside in the near term. He referred to the setup as noteworthy and expressed confidence that XRP will likely enter another upward phase.

Notably, Pal’s stance marks a shift from his previous outlook on XRP. He had advised investors to seek alternative assets when XRP was struggling around the $0.50 level. However, following the substantial rally sparked by  U.S. President Donald Trump’s election victory in November 2024, which fueled broader market optimism, Pal revised his position and adopted a more bullish view.

Estimating the Breakout Target

While Pal did not specify a precise price target, standard technical analysis offers a method to project potential outcomes. In bull flag formations, the projected breakout target is calculated by adding the length of the flagpole to the price at which the breakout occurs.

Given that the initial rally covered a $2.90 increase, and assuming a breakout above the current resistance level of $2.60, the implied target would be approximately $5.50. With the token currently trading at $2.32, achieving this target would require a gain of about 138%.

Pal’s assessment adds to growing expectations that the asset may soon resume its upward trajectory, provided it breaks above key resistance levels and maintains bullish momentum.

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Despite its association with a high-profile legal battle involving Ripple and the U.S. Securities and Exchange Commission (SEC), the asset remains one of the leading cryptocurrencies by market capitalization.

Pal offered insights into why the token continues to attract attention, even as new trends emerge in the crypto industry.

I think you are midcurve in over thinking of this!
Fartcoin funny. Holds attention.
Ai16z not interesting to normies.
They'll come in an buy XRP anyway…

— Raoul Pal (@RaoulGMI) January 2, 2025

Accessibility for New Investors

In a recent post on X, Pal highlighted XRP’s broad appeal, especially for individuals new to the cryptocurrency market. According to him, the simplicity and familiarity of XRP make it a favored option for everyday investors compared to other complex or niche crypto projects.

He contrasted this trend with the rise of AI agents in the crypto ecosystem. AI agents, which utilize artificial intelligence to perform autonomous blockchain transactions, have gained traction due to their potential applications in portfolio management and on-chain activities. However, Pal dismissed the enthusiasm around these technologies as a passing trend fueled by high-risk investors looking for excitement.

In his post, he remarked that while these advancements attract attention from some market participants, the average individual is more likely to invest in XRP, given its reputation as a straightforward entry point into the crypto space.

What Makes XRP Stand Out?

Although Pal did not elaborate on the specifics, the asset’s consistent appeal to general investors can be attributed to several factors. These include its low transaction fees, straightforward use cases, and association with Ripple—a well-established company recognized for its expertise in cross-border payment solutions. These qualities position the token as a user-friendly option, especially for those seeking less complexity in the volatile world of cryptocurrency.

Moreover, XRP has cultivated a strong and loyal community over the years. This “cult-like” following, as Pal described in a 2024 video, continues to play a significant role in sustaining the asset’s relevance. The reputation Ripple has built, combined with the token’s ease of use, reinforces its position as a gateway cryptocurrency for newcomers.

Interestingly, Pal’s current acknowledgment of XRP’s appeal contrasts with his earlier skepticism. In mid-2024, he urged investors to move away from the asset, suggesting that it lacked relevance in comparison to emerging projects that followed market trends. However, he revised his stance as the digital asset demonstrated impressive growth later that year.

Between November and December 2024, the token surged by 475%, significantly outperforming the broader cryptocurrency market. The rally that followed Donald Trump’s reelection, sparked optimism regarding potential regulatory clarity under the incoming administration. This development contrasted sharply with the legal challenges XRP faced under the SEC, which had previously sought to classify it as a security.

Token’s Position Amidst Shifting Trends

While new narratives, such as the rise of AI agents, continue to shape the crypto landscape, Pal’s remarks underscore the token’s enduring appeal among average investors. Its ease of use, reliability, and association with Ripple make it a consistent choice for those entering the market.

Although the ongoing evolution of blockchain technology introduces new investment opportunities, the token’s ability to maintain its relevance speaks to its unique position in the industry. Pal’s acknowledgment of this dynamic offers valuable insight into how certain assets remain resilient in an environment familiar with constant change.

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In a post on X (formerly Twitter), Pal acknowledged the accuracy of XRP enthusiasts’ predictions, admitting his skepticism had been misplaced.

Addressing his teeming followers, Pal referred to the XRP supporters as “XRP Jedi Warriors,” recognizing their steadfast belief in the cryptocurrency’s potential.

He admitted, “You were right, I was wrong. Well done! Dinosaurs still roam the earth.” Pal also highlighted the community’s challenges, remarking that they had “walked through hell to get here.”

The financial expert also recalled the hardships endured during the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple in 2020. This legal action led to XRP being delisted from prominent exchanges such as Coinbase, Binance US, and Bitstamp.

While trading was suspended, users could still hold, deposit, and withdraw XRP. Pal noted that he retained some XRP during that turbulent period, describing it as the “delisting times.”

Dear $XRP Jedi Warriors…

You were right, I was wrong. Well done! Dinosaurs still roam the earth

I just want everyone to make $$ and you guys have walked through hell to get here. I still own some XRP from the delisting but you guys/girls deserve everything.

— Raoul Pal (@RaoulGMI) December 1, 2024

Earlier in the year, Pal had criticized XRP and ADA, suggesting they had become “cults” and advising investors to avoid them. However, the recent market developments compelled him to revise his stance, particularly as XRP’s price climbed past $1 and then surged to over $2.

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Ripple Unlocks One Billion XRP Amid Market Rally

The price rally coincided with a significant transaction by Ripple. Data from Whale Alert, a platform that tracks large cryptocurrency transfers, revealed that Ripple released one billion XRP tokens from escrow on December 1. At the current market value, this amounted to over $2 billion.

XRP’s remarkable performance has been particularly notable since November 24, when the token traded above $1. Since then, XRP has experienced an impressive 84.78% increase, reaching $2.73 at the time of writing. The rally solidified XRP’s position as the third-largest cryptocurrency by market capitalization, a spot it had not held in years.

The timing of Ripple’s escrow release, coupled with XRP’s price surge, has sparked interest among market analysts and the broader crypto community. This significant development comes as Ripple continues to expand its presence in global payment solutions and reinforces the resilience of XRP supporters despite past challenges.

A Shift in Perception

Pal’s acknowledgment marks a turning point in his view of XRP, signaling broader recognition of the cryptocurrency’s potential. As the market evolves, dedicated communities like XRP’s remain a testament to the influence of collective conviction in the crypto landscape.

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In a recent Twitter post, Levi Rietveld shared commentary on a video featuring Raoul Pal, discussing shifting economic realities and investment strategies.

Pal and Rietveld explored themes related to the limitations of traditional financial systems, the rise of decentralized opportunities, and how younger generations are leveraging these trends to redefine wealth-building.

"I Just Changed My $XRP and Solana Prediction For 2025 Because Of This" | Raoul Pal pic.twitter.com/HWCmsokoYc

— Levi | Crypto Crusaders (@LeviRietveld) November 19, 2024

Economic Challenges and Structural Shifts

Raoul Pal begins the discussion by highlighting the generational disparity in wealth accumulation. He notes that millennials and younger generations face significant challenges, including stagnant wages, soaring housing costs, and mounting debt.

For instance, while previous generations could afford homes at prices around three times their annual salary, current buyers often face costs eight to ten times their income. This economic reality has left many unable to buy homes, save adequately, or plan for a financially secure future.

Pal describes how these factors contribute to a sense of economic disillusionment. He points out declining homeownership, marriage, and independent living among young adults, and describes these as symptoms of a broader economic malaise.

According to Pal, the systemic structure favors older generations, leaving younger individuals searching for alternative pathways to financial security.

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The Role of Cryptocurrencies

Levi Rietveld builds on Pal’s insights by emphasizing the growing appeal of cryptocurrencies like XRP, Solana, and Bitcoin as tools for financial empowerment. He notes that these digital assets represent a departure from traditional systems that many perceive as inequitable.

Rietveld asserts that cryptocurrencies offer a level playing field, where individuals can potentially achieve financial independence through calculated investment and risk management.

Rietveld connects this paradigm shift to the broader adoption of decentralized financial systems, which he argues were designed to address the inefficiencies and exclusivities of the legacy financial ecosystem.

He highlights how these technologies provide opportunities for individuals with minimal starting capital to achieve substantial returns through informed decision-making.

Speculative Investments and Cultural Trends

Pal also touches on the speculative nature of certain cryptocurrencies, describing them as bets on cultural and attention-driven phenomena.

He notes that while many of these investments may fail, the potential for extraordinary returns exists, particularly for those who can identify trends before they gain widespread traction.

Pal draws parallels between these investments and the business models of tech giants like Facebook and Google, which monetize attention.

Rietveld adds that specific cryptocurrencies, such as Dogecoin, have recently demonstrated strong market performance. He attributes Dogecoin’s success to its increasing visibility, supported by endorsements from influential figures, including Elon Musk.

Rietveld highlights the importance of understanding market dynamics and leveraging timely opportunities to capitalize on these trends.

The dialogue between Raoul Pal and Levi Rietveld underscores the evolving nature of financial strategies in response to systemic economic challenges.

While traditional pathways to wealth may seem increasingly out of reach for younger generations, the rise of decentralized financial systems offers a compelling alternative.

By adopting a disciplined approach to investing, individuals can navigate these emerging opportunities to secure their financial futures.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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In the video, Pal voiced his thoughts on XRP, Cardano, and other blockchain projects, expressing a detached view on these “dino coins”—a term often used in the crypto world to describe older, less innovative digital assets.

Pal’s remarks on XRP and his general approach to investing reflect a pragmatic perspective that prioritizes return on investment over loyalty to any specific blockchain project.

Performance Over Loyalty: Pal’s Investment Strategy

Raoul Pal’s commentary opens with a humorous complaint as he mentions the frequency with which people ask for his opinion on assets like XRP and Cardano.

“Every time, XRP, Cardano, XRP, Cardano,” Pal notes, hinting at the persistent demand for his take on these assets, often accompanied by polarized reactions from the crypto community. Pal lightheartedly observes that his stance elicits extreme responses from fans of these assets, joking, “If I say anything, they’re like, you bastard, I hate you.”

His remarks underscore the impassioned loyalty some crypto enthusiasts hold toward their favored coins, particularly within the XRP community, or “XRP Army,” as they are commonly known.

While Pal acknowledges XRP’s potential, crediting its business development team for their strategic initiatives, he clarifies why he has not included it in his portfolio. According to Pal, his decision is purely performance-driven, as he perceives XRP to be “underperforming everything else.”

Pal said, “I am a mercenary when it comes to performance.” He underscores his commitment to maximizing returns during the current six-year market cycle, emphasizing that his focus is not on any particular blockchain network, but on ensuring the highest possible return on capital.

He adds, “I will not get married to any chain. I want to get married to my P&L so I can unfuck my future,” indicating that he remains flexible in his approach, moving between assets based on their performance potential.

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Advice to Investors: Focus on Performance-Driven Assets

In the video, Pal encourages investors to evaluate their holdings with the same objectivity. He urged investors holding XRP or other longstanding assets to consider how they measure up to emerging blockchains like Solana. He bluntly states, “Just make sure it’s outperforming the price of Solana.

If not, you’re doing yourself a disservice.” This comment reflects a broader trend in the crypto space, where investors often shift focus from established assets to newer projects with greater growth prospects.

Community Reactions: Mixed Views on Pal’s Remarks

Riz’s tweet with Pal’s video triggered a chain of responses on X (formerly Twitter). One user, Tha Quota, speculated that Pal still holds XRP, but just doesn’t discuss it publicly.

“He knows he still holds bags of $XRP c-mon now,” Tha Quota wrote, implying that Pal’s public dismissal of XRP might be more of a tactical decision than a genuine lack of interest.

Another user disagreed, challenging Tha Quota’s view by pointing out XRP’s lackluster returns compared to other assets in recent years. This user asserted, “Why would he lie it doesn’t even make sense. You all are crazy. I held for years but that’s behind me. XRP is trash compared to nearly everything else return-wise.”

Adding to the conversation, the same user mentioned an often-debated incident in which Ripple co-founder Chris Larsen reportedly donated $10 million worth of XRP to Kamala Harris’s political campaign.

Some believe this contribution and the XRP selling pressure, potentially impact the asset’s price. For certain XRP skeptics, this donation further symbolizes the coin’s apparent challenges in achieving sustained, robust growth.

Raoul Pal’s comments, coupled with the responses they generated, encapsulate the often-divisive sentiment within the crypto community toward assets like XRP. While XRP remains popular among a dedicated group of followers, it is clear that some investors are increasingly looking toward projects with higher performance potential in this evolving market landscape.

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Pal, known for his influential opinions in the financial world, recently advised market participants to reconsider their investments in older cryptocurrencies like XRP and Cardano.

He suggested that investors should divest from these so-called old coins in favor of newer, emerging projects with momentum. Pal went further, controversially referring to the XRP and Cardano communities as “cults,” a characterization that did not sit well with many in the crypto space.

Charles Hoskinson’s Response

Charles Hoskinson, the creator of Cardano and a prominent figure in the blockchain industry, was among those who took issue with Pal’s remarks.

In response to Pal’s characterization of Cardano and XRP communities, Hoskinson posted on X: “So @bgarlinghouse, when are we going to the Secret Cult meetings? I never got the memo from Raoul.” This statement challenges the notion that the dedication of these communities can be dismissed as mere cult-like behavior.

Hoskinson’s tone shows the frustration many feel when their efforts to build and foster communities around projects they believe in are trivialized. His response highlights the depth of commitment within these communities, which have played crucial roles in the development and success of their respective blockchain projects.

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Community Reactions

Pal’s comments not only provoked a response from Hoskinson but also triggered a wave of reactions from members of the XRP and Cardano communities. One user on X commented, “Imagine how cynical and narrow one’s worldview has to be to conflate authentic community and engagement for a cult.”

This response reflects a broader sentiment among the community that their dedication to these projects stems from genuine belief in their potential, not from blind allegiance.

Another user expressed disappointment in Pal’s apparent shift in priorities, stating, “I had respect for this guy, but since he started shilling Solana, while he knows Sol has outage issues, many failed transactions, and it’s heavily centralized, he lost my respect.”

He highlights concerns about Pal’s endorsement of Solana, which has been plagued with outages, and some perceive Pal as being motivated by financial gain rather than technological merit.

For communities like XRP and Cardano, commitment goes beyond mere investment; it is rooted in a belief in the long-term potential and societal impact of their respective projects.

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