"Cheaper to buy on Solana?"...XRP (Ripple) Dominates External Companies' Payroll and Financial Strategies

▲ XRP/AI-generated image

Cases of XRP being used outside of Ripple for financial operations, payroll, and cross-chain liquidity strategies are emerging, expanding XRP's 'North Star' logic beyond a simple market slogan to actual operational strategies.

According to cryptocurrency specialized media Bitcoin.com on May 31 (local time), XRP's financial utilization is shifting from market logic to actual operational strategy. In the still highly speculative cryptocurrency market, the method of purchasing, holding, and even using a specific asset for payroll is evaluated as a case that simultaneously tests liquidity, sustainability, and real-world usability.

Panos Mekras, co-founder and CEO of Anodos Finance, stated in a post on X (formerly Twitter) on May 31 that XRP is a connecting asset that extends beyond a single blockchain network. He explained that XRP can be utilized across various ecosystems such as XRP Ledger, Solana (SOL), and Flare. Mekras said, "XRP will always be our North Star. We have proven it with action."

Mekras continued, "Since 2023, we have purchased and held XRP as a financial asset and paid team salaries in XRP. Whether it's XRP Ledger, Solana, Flare, or another chain, XRP is everywhere, connecting the strengths of each ecosystem to get the best of all worlds." The core of this statement is that XRP has been used not just as a simple holding asset, but as a means for payments, holdings, payroll, and inter-network liquidity connections.

This statement also aligns with the XRP utilization theories presented by Ripple executives. Ripple CEO Brad Garlinghouse has consistently presented XRP as the central asset for payment, custody, treasury, and liquidity businesses. Bitcoin.com reported that within parts of the XRP ecosystem, the logic is spreading that long-term value depends more on its function as a liquid bridge connecting goods, institutions, and networks, rather than its reliance on a single blockchain.

Mekras argued that XRP's market liquidity and presence create demand beyond simple ownership. He stated, "Surprisingly, or perhaps not surprisingly, if you buy $100,000 worth of XRP on Solana, you can get a better price than on the XRP Ledger." This comparison shows that in large-scale transactions, network-specific liquidity depth, transaction routes, and execution quality can affect pricing.

He also stated, "XRP is one of the largest and most liquid assets, so there is demand to use XRP in various ways or to earn profit from it." Bitcoin.com evaluated that this trend reinforces the view of XRP not merely as a trading object, but as an asset used in various products, networks, and financial applications.

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