{"id":11681,"date":"2025-05-03T01:16:30","date_gmt":"2025-05-02T23:16:30","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=11681"},"modified":"2025-05-03T01:16:30","modified_gmt":"2025-05-02T23:16:30","slug":"unveiling-the-mystery-the-enigmatic-xrp-ledger-and-its-million-dollar-price-tag","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/03\/unveiling-the-mystery-the-enigmatic-xrp-ledger-and-its-million-dollar-price-tag\/","title":{"rendered":"Unveiling the Mystery: The Enigmatic XRP Ledger and Its Million-Dollar Price Tag"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> material, evaluated by prominent industry specialists and experienced editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">A significant participant in the XRP community, XRP Investing, has shared insights on the rumors about a covert XRP Ledger (XRPL). The community member also responded to speculations that <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-looking-excellent\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">the price of XRP<\/span><\/a><span style=\"font-weight: 400;\"> is valued at $1,000 on this hidden ledger.\u00a0<\/span><\/p>\n<h2>Analysis of The Covert Ledger<\/h2>\n<p><span style=\"font-weight: 400;\">In an <\/span><a href=\"https:\/\/x.com\/XRP_investing\/status\/1917681351790322054\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">X post<\/span><\/a><span style=\"font-weight: 400;\">, XRP Investing asserted that the allegations of a concealed version of the XRP Ledger where banks transfer billions discreetly aren\u2019t mere conspiracy. The community expressed assuredly that aside from <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-ledger-compromised\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">the public XRPL<\/span><\/a><span style=\"font-weight: 400;\">, there exists a \u2018CBDC Private Ledger,\u2019 which he mentioned Ripple proclaimed as the private iteration of the XRPL in 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">XRP Investing indicated that the crypto entity developed this exclusive <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ripple\/xrp-network-activity-jumps-67-in-24-hours-big-move-ahead\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">XRP Ledger<\/span><\/a><span style=\"font-weight: 400;\"> particularly for Central Banks. He asserted that it is private because these institutions require confidentiality, compliance, and governance. This Ledger allows them to issue Central Bank Digital Currencies (CBDCs) without revealing their data or utilizing XRP. The community member additionally stated that the CBDC Private Ledger is aimed at wholesale and retail digital currency, not public cryptocurrency trading.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simultaneously, he contended that Ripple has affirmed that this XRP Ledger is genuine and distinct from the public XRPL. XRP Investing elaborated that XRP is not utilized on the private Ledger at all. Indeed, <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-attempts-5-billion-takeover-of-circle\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">Ripple published<\/span><\/a><span style=\"font-weight: 400;\"> a blog entry in 2021, revealing the trial stage of a private variant of the public, open-source XRP Ledger.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The crypto organization stated that this private iteration of the XRP Ledger will provide central banks with a secure, regulated, and adaptable solution for the issuance and management of digital currencies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ripple clarified that it opted to create this version of the XRPL private because a Central Bank necessitates greater transaction confidentiality and control over its currency than what a public ledger can provide. Hence, these banks would likely prefer to establish their CBDCs on a private ledger, which they can additionally manage on a larger scale.\u00a0<\/span><\/p>\n<h2>XRP Price Variations Between The Two Ledgers?<\/h2>\n<p><span style=\"font-weight: 400;\">XRP Investing also tackled rumors that the price on the private XRP ledger varies and is valued at $1,000. He noted that these are merely speculations that Ripple\u2019s Chief Technology Officer (CTO), <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-acts-in-its-own-interest-not-xrp-holders\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">David Schwartz<\/span><\/a><span style=\"font-weight: 400;\"> has dismissed. Consequently, there is officially no dual pricing for XRP on both ledgers. The community member reiterated that the private ledger does not utilize XRP.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He pointed out that this development is significant because it indicates that Ripple\u2019s private XRP Ledger isn\u2019t merely a duplicate but a genuine application of XRPL technology. The community member concluded that this places the crypto firm at the core of future CBDC infrastructure, which he dubbed as optimistic. This could enhance <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-holders-cross-6-retail-fastest-adoption-rate\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">XRP\u2019s adoption<\/span><\/a><span style=\"font-weight: 400;\"> in the long term if these banks opt to leverage the native token to facilitate transactions.<\/span><\/p>\n<figure style=\"width: 2301px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/T8cmDg1M\/\" alt=\"XRP\" width=\"2301\" height=\"1546\"\/><figcaption class=\"wp-caption-text\">XRP trading at $2.21 on the 1D chart | Source: XRPUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/T8cmDg1M\/\" target=\"_blank\" rel=\"noopener nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image from Adobe Stock, chart from Tradingview.com<\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for bitcoinist is focused on delivering meticulously researched, precise, and impartial content. We adhere to stringent sourcing standards, and each page is subjected to careful examination by our team of leading technology professionals and experienced editors. This approach guarantees the integrity, relevance, and value of our content for our audience.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/is-there-a-secret-xrp-ledger\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure A significant participant in the XRP community, XRP Investing, has shared insights on the rumors about a covert XRP Ledger (XRPL). The community member also responded to speculations that the price of XRP is valued at $1,000 on this hidden ledger.\u00a0<\/p>\n","protected":false},"author":3,"featured_media":11682,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2309,338],"class_list":{"0":"post-11681","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-is-there-a-secret-xrp-ledger-and-is-the-price-really-at-1","9":"tag-000-gpt"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unveiling the Mystery: The Enigmatic XRP Ledger and Its Million-Dollar Price Tag - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/03\/unveiling-the-mystery-the-enigmatic-xrp-ledger-and-its-million-dollar-price-tag\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unveiling the Mystery: The Enigmatic XRP Ledger and Its Million-Dollar Price Tag - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. 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