XRP News Today: Anodos Finance Co-Founder Emphasizes Blockchain Utility Over Price Volatility

As the broader crypto market continues to experience fluctuations, some industry voices are emphasizing the importance of stability and real-world applications over speculative investment. Panos Mekras, co-founder of Anodos Finance, recently reaffirmed this stance, highlighting the significance of focusing on blockchain technology's practical uses rather than its investment hype.

Mekras's comments come at a time when XRP, like other digital assets, has seen price volatility. However, he asserts that the price of XRP or any other asset is irrelevant to the core mission of blockchain technology. "The XRP Ledger doesn’t care about XRP or any other asset’s price," Mekras stated. "It just keeps running smoothly like it was built to do." This perspective underscores the idea that the real-world utility of the underlying technology is more crucial than short-term price movements.

Anodos Finance has deliberately distanced itself from what Mekras terms "crypto-native and investment use cases." Instead, the company focuses on developing everyday tools that function without exposing users to the complexities of blockchain. The goal is to create services where the end-user doesn’t need to understand crypto, check charts, or worry about volatility. This philosophy aligns closely with the design and intent of the XRP Ledger, which is optimized for utility, offering fast settlement, low-cost transactions, and efficient cross-border payments.

Ripple CEO Brad Garlinghouse has previously stated that XRP’s success can only be sustained by its utility. The network’s features enable user experiences such as sending money to family abroad in seconds or allowing businesses to accept instant payments without intermediaries. This focus on utility and adoption over short-term price movements has made XRP one of the most useful assets in the crypto space.

While much of the crypto industry remains focused on price charts and speculative gains, Mekras argues that this approach is a barrier to mainstream adoption. He believes that mass adoption will not happen if most participants continue to view the technology as a money-making vehicle. A change in mindset is required, one that embraces real-world utility and de-emphasizes token price as a measure of success. Adopting assets for utility instead of speculation will put the most functional and useful assets at the forefront of the crypto market and help advance global finance.

Ask Aime: Will XRP's focus on utility lead to sustainable success?