#XRPETFs In his intervention at X, he points out that XRP now surpasses Ethereum in Fully Diluted Valuation (FDV) despite the fact that "a corporation holds half of the supply." A situation he describes as "crazy" for those who insist on analyzing only through the lens of technical design or real revenues.

In response to this argument, Jon Charbonneau, co-founder of the DBA investment fund, replies:

Unique outliers do not mean that these rules apply to everyone.