Ex-Ripple Director Explains Why XRP is 10 Times More in Value Then LINK

Former Ripple director Matt Hamilton believes comparing XRP to Chainlink misses the point, as the protocols housing both assets are inherently different.

His remarks came as discussions about why XRP commands such a large lead in market value recently resurfaced.

Chainlink Spotlights Swift’s Blockchain Ambitions

For context, the discussions started after Swift announced yesterday that it would add a blockchain-based shared ledger to its infrastructure. According to Swift, it has already brought in more than 30 financial institutions to help design the system

Interestingly, Chainlink welcomed the news, using the opportunity to point out its collaboration with Swift. The oracle provider said the move confirmed the real-world value of blockchains and oracle networks in upgrading financial infrastructure.

“Why is XRP Much Larger Than Chainlink?”

Responding to this, former Coinroutes Chairman Dave Weisberger challenged the current market gap between XRP and Chainlink

Specifically, he argued that Chainlink’s partnership with Swift and its plan to share revenue with token holders give LINK a strong case for a higher valuation. Weisberger questioned why XRP’s market cap stood at more than ten times LINK’s, despite those factors.

For context, XRP ranks as the fourth-largest crypto asset with a market cap of about $173.35 billion. Meanwhile, Chainlink sits in twelfth place with $14.6 billion. This shows XRP’s valuation is nearly 12 times higher. For LINK to surpass XRP, its price would need to jump more than 1,000% to reach $255.

Ex Ripple Director Responds

Replying to Weisberger’s question, Hamilton suggested that the comparison is amiss. According to Hamilton, XRP is the native asset of the XRP Ledger, which serves as a full blockchain network. This justifies its larger valuation.

Meanwhile, he explained that, by contrast, Chainlink is only a protocol where its token plays a limited role. For this reason, comparing the two valuations directly doesn’t make sense.

One XRP supporter tried to simplify Hamilton’s point by saying LINK functions like a platform such as LinkedIn, while XRP acts more like a currency with its own operating system.

On the other hand, he said XRP derives value from its scarcity and small transaction burn. He added that XRP’s strength lies in its low cost of use, and if its price climbs too high, that affordability could weaken.

WOK argued that a higher XRP price actually makes it more efficient as a settlement asset. He also pointed out that transaction fees remain adjustable and minimal, which keeps the network affordable even if the token’s value rises.