Lark Davis claims Chainlink is “far better” than XRP. 🧵🧵🧵
Renowned Bitcoin commentator Lark Davis has joined the discussion about the long-term competition between XRP and Chainlink (LINK).
These comments came during his recent appearance on Rollup TV's cryptocurrency show. Host Andy asked him to share his thoughts on XRP and LINK. Davis responded that Chainlink is “far better” than XRP.
He predicts Chainlink will surpass XRP over the next decade, while also acknowledging the strength and enthusiasm of the XRP community.
Davis believes Chainlink's advantage lies in its central position within the entire cryptocurrency industry. He points to Chainlink's Cross-Chain Interoperability Protocol (CCIP) as crucial infrastructure, allowing different blockchains and systems to communicate with each other.
In his view, this allows Chainlink to be widely used across many networks, not just limited to a single ecosystem.
He also highlighted Chainlink's partnerships and recent token buyback initiatives. In his opinion, these developments give investors a clearer reason to continue holding the asset after years of primarily focusing on technology and adoption. Regarding XRP, Davis described it as an "island," with its activity largely confined to its own network. He questioned XRP's daily active user metrics and overall on-chain activity, pointing out that despite the network's existence for over a decade, it hasn't built what he considers a strong user base.
However, Davis stated that he understands why people invest in XRP. He acknowledged the long-term vision championed by Ripple executives Brad Garlinghouse and Chris Larsen. He admitted that if Ripple successfully achieves this vision, XRP still has the potential for significant price increases in the future.
Davis also compared the leadership of the two projects. He praised Chainlink founder Sergey Nazarov, stating that his focus on decentralization and infrastructure aligns well with the core values of cryptocurrency.
In contrast, Davis criticized Ripple's management, claiming they have long profited handsomely from XRP sales, which he considers a negative factor for XRP.
In conclusion, Davis sees this discussion as a clash between two very different models. In his view, XRP is a closed system betting on large-scale institutional adoption. On the other hand, Chainlink, as a neutral infrastructure, connects numerous blockchains and application scenarios.
Therefore, Davis stated that he believes Chainlink not only has advantages but is also "far superior" to XRP as a long-term crypto asset, although he himself does not currently hold LINK.
Unsurprisingly, Davis's comments caused a stir in the crypto community, especially among XRP supporters. Meanwhile, some commentators argue that both assets have the potential to succeed because they serve different markets.
They point out that XRP serves the role of payments and liquidity, while LINK focuses on oracle dominance. In short, Chainlink carries data, while XRP carries value.