Avalanche Founder Trolls Ripple With April Fools' Joke
Analysis
Price Impact
LowThis is a social media exchange between blockchain founders and communities, not a fundamental development. while it can generate short-term noise, it's unlikely to impact long-term price action for either avax or xrp.
Trustworthiness
LowPrice Direction
NeutralThe news is primarily a social media spat and an april fools' joke. while it might cause minor fluctuations due to community engagement, there's no new fundamental information that would directly drive avax or xrp prices in a specific direction.
Time Effect
ShortThe impact of this social media exchange will be short-lived, likely fading within a day or two as the crypto community moves on to the next trending topic.
Original Article:
Article Content:
Cover image via www.youtube.com The XRP community claps back What's the truth? Advertisement Emin Gün Sirer, the founder and CEO of Avalanche (AVAX), recently took a shot at rival blockchain Ripple for April Fools' Day. Banks are choosing Ripple. April Fools, obviously. They actually use Avalanche. — Emin Gün Sirer🔺⚔️ (@el33th4xor) April 1, 2026 The pointed jab targeted institutional banking adoption (or the lack thereof). HOT Stories XRP Eyes $0.62 Bottom Support per Bollinger Bands, 300 Million Dogecoin 'Disappearance' Alarms Korean Traders, Historical Trends Suggest Q2 Bitcoin Rally: Morning Crypto Report 1 Billion XRP Unlocked From Ripple Escrow Accounts "Banks are choosing Ripple. April Fools, obviously. They actually use Avalanche," Sirer quipped. Advertisement The XRP community claps back The rage-baiting post successfully riled up the crypto community and garnered plenty of comments. Ripple supporters wasted attacking everything from Avalanche's market capitalization to its actual utility. Many users pointed out that while Sirer Ripple's established banking partnerships are a matter of public record. Several XRP fans turned the joke back on Sirer. One user quipped, "April Fools jokes usually only contain one fake statement," which implies that the claim about banks using Avalanche was just as fabricated. Advertisement You Might Also Like Tue, 07/01/2025 - 16:04 Avalanche Leads Ethereum in Whale Boost, Will AVAX Price Follow? By Godfrey Benjamin Defenders quickly brought up Ripple's long-standing institutional ties. Commenters also focused on the sheer size and performance difference between the two networks. One user pointed out that XRP has an exponentially larger market cap, telling Sirer to "Talk to us when you flip it." Another user mocked AVAX's recent market performance by stating, "AVAX made an all-time high this cycle. April Fools, obviously. XRP did." Some accused the CEO of name-dropping a larger competitor simply to farm impressions and stay relevant. "The fact that everyone and their brother mentions Ripple, yet Ripple mentions no one," wrote @dotNetOverlord, while @InvestWithD added, "You wanted some engagement, so you decided to mention Ripple before Avalanche. So desperate." What's the truth? Both Ripple and Avalanche have secured significant partnerships with major global banks. For instance, Santander remains one of Ripple's oldest and most active banking partners. SBI Holdings, a major financial conglomerate in Japan, has deeply integrated Ripple’s payment routing across its Asian remittance corridors. Avalanche's enterprise strategy revolves around its "Subnet" architecture (specifically the Evergreen Subnets). J.P. Morgan's Onyx blockchain division uses Avalanche (via LayerZero) for a proof-of-concept regarding portfolio management. The Citi banking giant has tapped Avalanche's Spruce Subnet to test the tokenization. #Avalanche News