Is XRP A Bank Wearing A Hoodie? Analysts Confront Ripple’s True Role

Meanwhile, another member of the community believes that the patience of XRP investors is “really a psychological phenomenon.”

Ripple and its native non-stablecoin have a large community, but they also have their fair share of critics due to other important uses. Its rise in popularity over the past few years has been astounding, sometimes even surpassing its market rise.

So, whenever someone, especially a top figure in the crypto industry, speaks out against XRP in some way, it tends to backfire.

Banker Wearing a Hoodie?

Davinci Jeremie is among the OG crypto promoters and analysts, famous for advising people to buy BTC when it was worth $1. In a recent letter to X, he criticized XRP for several of its key features that may make it “a bank in a hoodie.”

He pointed out that these factors could be hidden power, false geographical distribution, relaxing exits, internal benefits, and users locked into wrapped IOUs. Instead, he noted that bitcoin does not have any of these.

Your favorite crypto project is a hoodie-wearing bank.

*cough* $XRP

Hidden measurement ✓
Fake decentralization ✓
Rest stops ✓
Internal benefits ✓
Users are locked into wrapped IOUs ✓#Bitcoin it has none of these.

Name another project I mentioned. I will wait. 👇

– Davinci Jeremie (@Davincij15) March 11, 2026

Somewhat predictably, many comments below the post criticized Jeremie, with one saying, “That’s the dumbest thing I ever read from you. XRP is everything they wanted Bitcoin to be. That’s true.” Naturally, Jeremy disagreed. Others, however, agreed with his initial comment, saying that “XRP is like **t and not the same” as bitcoin.

Finally, Time for XRP?

Contrary to the aforementioned statement, XRP Bags, among the most vocal members of the XRP community in X, explained what it feels like to own a token that crosses the border. They believe that every year so far has started with big promises but it seems that they have failed to deliver, or at least until 2023, when it was the first big break in court against the SEC.

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More promisingly, however, the user noted that 2025 was the “I told you so” year for XRP, while 2026 indicated they were “just getting started.”

XRP owner information:

2017 – “this will change banking forever”
2018 – “just wait”
2019 – “keep packing”
2020 – “SEC who?”
2021 – “SEC case, this is actually bullish”
2022 – “just wait”
2023 — “WE WIN (part)”
2024 — “Go on accumulating”
2025 – “I told you so”
2026…

— XRP Bags💰👨🏽‍🚀 BagMan (@XRPBags) March 13, 2026