Ripple's Control Myth Debunked: 21Shares Sets Record Straight

21Shares AG, an asset manager overseeing $11 billion in assets globally, has published a guide that debunks several common misconceptions about XRP.

The firm points out that Ripple operates only one of 35 validators on the XRP Ledger's default Unique Node List.

In fact, more than 150 known validators from various entities such as universities, exchanges, businesses, and individuals run across the network, according to 21Shares.

This clarification comes at a time when XRP's price is consolidating, with its market value sitting at $1.44 and daily volume above $2.3 billion.