Crypto

Ripple Clarifies Control Over XRP Ledger, Sees Bullish Price Outlook

Guavy AI Editorial Team Published September 9, 2026

Instruments

XRP

21Shares has clarified that Ripple does not control the XRP Ledger, which is a decentralized public blockchain with over 150 validators.

The firm emphasized that Ripple, XRP, and the XRP Ledger are distinct entities, with Ripple being a private company using the network but not owning it.

XRP's supply is capped at 100 billion tokens, with a burn mechanism that reduces supply over time, according to 21Shares.

The Wire

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