Flare Co-founder Defends XRP’s Independence From Ripple as $10 Call Resurfaces
A Flare co-founder argues XRP should not rely solely on Ripple, while an analyst reiterated a bullish $10 forecast amid substantial weekly losses.
A Flare co-founder argues XRP should not rely solely on Ripple, while an analyst reiterated a bullish $10 forecast amid substantial weekly losses. XRP (XRP) is trading at ₹98.54 ($1.05), up 0.3% since this brief published. This is an original Token Times brief based on reporting by ZyCrypto, with live market data added, as of Thu, 12 Nov 2026 03:15:01 UTC.
The exchange frames a central question about XRP’s long-term thesis: whether its value depends primarily on Ripple’s actions or on a broader narrative. The competing bullish forecast also highlights the gap between optimistic technical analysis and XRP’s recent market performance.
- Flare co-founder Hugo Philion rejected reliance on Ripple alone
- Dark Defender reiterated a $10 XRP forecast
- XRP fell 19.57% over seven days
- Fear & Greed stood at 28
- Flare CEO Urges XRP Holders to Look Beyond Ripple
- Flare Co-founder Defends XRP’s Independence From Ripple as $10 Call Resurfaces — this brief
Flare co-founder Hugo Philion has responded to renewed criticism of 
XRP, arguing that the asset’s value and long-term narrative should not rest entirely on decisions made by Ripple. His comments shift attention toward the extent of XRP’s dependence on its namesake company and the broader case for holding it.
Technical analyst Dark Defender also maintained his previously expressed $10 XRP forecast, citing confidence in what he described as a bullish chart structure. His bullish position was presented against the backdrop of recent XRP weakness, according to ZyCrypto’s account of the discussion.
The report comes from a single outlet, with no additional publisher coverage available to corroborate either Philion’s position or Dark Defender’s forecast. Their arguments offer contrasting angles on XRP: Philion focused on the asset’s perceived independence from Ripple, while Dark Defender emphasized technical optimism and a significantly higher price scenario.
XRP was priced at $1.047, down 0.63% over 24 hours and 19.57% over seven days, with a market capitalization of $66.5 billion. Flare was trading at $0.00540866, up 1.49% over 24 hours but down 10.42% over the week. The total crypto market capitalization was $2.51 trillion, 
Bitcoin was up 0.06% over 24 hours, and the Fear & Greed index registered 28, indicating a Fear reading.
Since this brief published about 6 hours ago, XRP (XRP) has moved from ₹98.26$1.05 to ₹98.54$1.05 — +0.29%.
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 Token Times'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 ≈ ₹104.33 (about $1.05), down 0.7% over 24 hours. The rupee itself trades about 5.9% above the official rate on the P2P market, so a Indian 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 Independence From Ripple as $ — questions & answers
What did Hugo Philion say about XRP and Ripple?
He argued that XRP’s value and long-term narrative should not depend solely on decisions made by Ripple.
What price target has Dark Defender maintained for XRP?
Dark Defender reiterated a $10 XRP forecast while citing confidence in the asset’s bullish chart structure.
How has XRP performed over the past week?
XRP was down 19.57% over seven days and stood at $1.047, with a $66.5 billion market capitalization.
How much is 1 XRP worth in rupee today?
About ₹104.33 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.05. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.29% since this brief first published — trading at ₹98.54 ($1.05) now versus ₹98.26 ($1.05) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.