Ripple can win as a company while $XRP holders get used as the financing layer. Ripple sells XRP, uses the money to build products, acquire companies, and grow Ripple Labs, but most of that value accrues to equity shareholders, not necessarily token holders. The bridge currency narrative is also weaker than people think. Any liquid token can act as a bridge asset, and Ripple itself admitted XRP’s bridge use case is demand-neutral. The funniest part is that Ripple issued most of $RLUSD on Ethereum and other non-XRP Ledger chains. So if Ripple itself does not fully rely on XRP Ledger, why should retail believe XRP captures the upside? At this point, XRP looks less like a revolutionary financial asset and more like a bank-themed meme coin used to fund Ripple’s corporate strategy. That is the part XRP maxis hate discussing.