XRP Stakeholder Threatens Legal Action Against Ripple Over Solana Partnership

A prominent XRP supporter, known as Crypto Bitlord (@crypto_bitlord7), has publicly threatened to sell his XRP holdings if Ripple fails to provide a response regarding Western Union’s partnership with the Solana blockchain. Bitlord expressed frustration over the announcement that Western Union will utilize Solana for its new stablecoin USDPT, stating that Ripple should have secured this partnership due to its extensive experience in cross-border payments spanning over a decade. He also questioned how Ripple allowed such an alliance, emphasizing his concern about the shift in market landscape and demanding a clear explanation from Ripple leadership. His public threat served as a reminder of the potential impact on XRP’s value should Ripple fail to address the concerns raised by XRP stakeholders.