XRP Myths Debunked as 21Shares Sets the Record Straight

XRP is bouncing as fresh commentary from a major asset manager reignites debate over who actually controls the Ripple network.

The bigger story here isn’t the price; it’s what was clarified about governance and why it matters more than most holders realize.21Shares AG, which manages $11 billion in assets globally, published a guide dismantling several long-running misconceptions about XRP, chief among them the claim that Ripple controls the XRP Ledger.

The firm points out that Ripple operates just one of 35 validators on the XRPL’s default Unique Node List. ripple:native might be crypto's most misunderstood 13-year-old.Everyone has an opinion on it.

Few can explain how it actually works, starting with the biggest myth of all: that @Ripple controls it.In reality, Ripple runs just 1 validator out of 35 on the ledger's default trust…— 21shares (@21shares) September 8, 2026 Also, according to 21Shares, more than 150 known validators from universities, exchanges, businesses, and individuals run across the network.