Despite $XRP’s longstanding status as a well-known digital asset, it had not previously operated an official and dedicated X account. The new account’s arrival was seen as a notable step toward strengthening the token’s identity on major social platforms.
For over a decade, Ripple and countless contributors have been building on the $XRP Ledger, supporting one of the industry’s earliest decentralized payment solutions, as the new account aims to expand its online reach.
Management and technical background
The account description indicates that both Ripple and the $XRP Ledger Foundation (XRPLF) will jointly manage the @$XRP account. The profile explains, “$XRP is the native token of the $XRP Ledger (XRPL), a decentralized blockchain built for payments,” underlining the token’s core function.
Within just a few hours of launching, the @$XRP account had accumulated 21,700 followers while following only 42 accounts, including figures like Vijay Khanna and the Ripple Stablecoin Tracker. This rapid growth underscores the strong engagement of the $XRP community and the wider digital asset sector.
$XRP was trading near $1.30 at the time of the announcement, rising 2.11% over the previous 24-hour period. The price movement reflected heightened interest following the new account’s launch.
$XRP joins other coins with official X accounts
With this development, $XRP now joins other prominent digital assets with official presences on X. The @Bitcoin account, which has been active since August 2011, boasts millions of followers. Ethereum‘s dedicated @ethereum account, managed by the Ethereum Foundation, and Dogecoin’s @dogecoin account, created in December 2013, both serve as hubs for their respective communities.
The growing trend of cryptocurrencies establishing official and verified accounts on top social platforms reflects an industry-wide push for clearer digital identities. Investors and analysts are increasingly looking to these channels for timely updates, technical insights, and direct information from developers and foundations.
In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, the proliferation of official accounts signals the need for consolidated information sources. Some traders are turning to privacy-first platforms like CryptoAppsy, allowing them to monitor their portfolios, access real-time charts, price alerts, and macro data without switching apps or opening new accounts.
