Secv. Attorneys and Pro-XRP advocates who closely followed Bill Morgan in Ripple case dismissed the claim that Ripple coordinated its influencer network to promote XRP. He said that if the SEC had evidence of such an activity, it would have been central to the incident.
“The SEC had nothing to show the court about hype or promotional activities directed at programmatic and secondary market buyers,” Morgan argued, pointing to the court’s application.
The ruling confirmed that Ripple promotional documents, including “Ripple Primer” and “Gateways” brochures, were shared primarily with institutional buyers, not primarily with exchange retailers.
Related: Experts say the more XRP holders accumulate, the stronger the breakout. “Please expect a 10x spike from here.”
ChainLink and Swift announce blockchain ledgers
The updated discussion comes after Chain Link highlights Swift’s latest efforts on blockchain. Speaking at Sibos 2025, Swift said it will launch a blockchain-based ledger to expand its global financial messaging network.
ChainLink highlighted the announcement as a testament to its role in helping banks connect to blockchain networks through Oracle, while using existing infrastructure.
The partnership is based on more than seven years of collaboration between ChainLink and Swift, including digital asset trials and cross-border transaction pilots.
Following Swift News, questions about market valuation have resurfaced in X. Market analyst Dave Weisberger asked why XRP’s market capitalization is more than 10 times that of ChainLink despite Chainlink’s institutional partnership.
In the context, XRP currently holds a market capitalization of $1700.9 billion compared to Link’s $14 billion. Over the past 24 hours, XRP has seen trade volumes significantly higher than ChainLink’s $641 million.
“Activate influencer networks as a marketing strategy”
Some critics argued that XRP’s popularity is driven by organized promotions rather than institutional adoption. One user pointed to a Ripple document that builds and activates influencers networks as part of their marketing strategy.
However, Morgan stresses that this has not been proven in court, and it has not been shown that program buyers have been targeted by Ripple’s campaign. He believes that if Ripple could establish that the SEC paid influencers to promote XRP, it could have lost the case.
XRP supporters countered that the value of the token reflects actual adoption, reflecting the higher volume and usage of the XRP ledger compared to chain links.
Related: Chain Link Reserve takes place in a week with 44K and 320M XRP exchanges, but the Glacier rank of the Cold Wallet gives you real rank power
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