Flare Co-founder Defends XRP’s Standalone Value as $10 Call Resurfaces
A Flare co-founder challenged XRP’s dependence on Ripple while an analyst reiterated a $10 price target amid substantial weekly losses.
A Flare co-founder challenged XRP’s dependence on Ripple while an analyst reiterated a $10 price target amid substantial weekly losses. XRP (XRP) is trading at $1.05. This is an original TLT brief based on reporting by ZyCrypto, with live market data added, as of Thu, 12 Nov 2026 03:15:02 UTC.
The exchange shifts attention to XRP’s long-term value proposition independently of Ripple, while a bullish forecast remains prominent despite weak recent price performance. Traders and holders are being encouraged to examine both the network’s fundamentals and technical conditions.
- ZyCrypto reports Philion argued XRP’s value need not rely on Ripple alone.
- Dark Defender reiterated a $10 XRP target, citing bullish chart structure.
- XRP trades at $1.05, down 19.57% over seven days.
- The crypto Fear and Greed Index stands at 28, indicating fear.
Flare co-founder Hugo Philion has responded to renewed criticism of 
XRP, arguing that the asset’s value and long-term narrative should not depend exclusively on actions by Ripple. According to ZyCrypto, his comments frame XRP as a project whose prospects can be assessed separately from the company most closely associated with it.
ZyCrypto also reports that technical analyst Dark Defender reaffirmed a $10 forecast for XRP. He maintained that the chart structure remained bullish even as the token experienced recent weakness, adding another bullish target to the conversation while the quoted price sits far below that level.
Only ZyCrypto covered both statements, so there is no independent outlet corroboration or competing figure to compare. The source presents Philion’s defense of XRP’s broader narrative alongside Defender’s price outlook, without providing further details about the criticisms Philion addressed or the evidence behind the forecast.
Market data show XRP at $1.05, down 0.70% over 24 hours and 19.57% over seven days, with a $66.72 billion market capitalization. Flare’s FLR token trades at $0.00541527, up 1.49% over 24 hours but down 10.42% over seven days, with a market capitalization of $475.34 million. The total crypto market capitalization is $2.52 trillion, while 
Bitcoin is up 0.21% over 24 hours and the Fear and Greed Index reads 28, showing a broadly flat market alongside fearful sentiment.
Since this brief published about 6 hours ago, XRP (XRP) has moved from $1.05 to $1.05 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,469.21 (about $1.05), down 0.7% over 24 hours. The naira itself trades about 3.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Flare Co-founder Defends XRP’s Standalone Value as $10 Call — questions & answers
What did Hugo Philion argue about XRP and Ripple?
According to ZyCrypto, Philion said XRP’s value and long-term narrative should not depend solely on Ripple’s decisions.
Who reiterated a $10 XRP price target?
Technical analyst Dark Defender, who according to ZyCrypto continued to cite a bullish chart structure despite recent XRP weakness.
How has XRP performed over the past week?
XRP is down 19.57% over seven days and trades at $1.05, with a market capitalization of $66.72 billion.
How much is 1 XRP worth in naira today?
About ₦1,469.21 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.05. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from ZyCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.