SOIL rejects XRP Ledger exit liquidity claims after analyst probe
SOIL has denied allegations that its XRP Ledger launch used community liquidity for insider selling after an analyst questioned issuer-linked wallet activity.
⤠SOIL has denied allegations of using community liquidity for insider selling during its XRP Ledger launch, following an analyst's probe into issuer-linked wallet activity. ⤠An on-chain analyst claimed that early selling pressure originated from wallets directly funded by the issuer, suggesting a lack of organic price discovery. ⤠The controversy arises as SOIL plans to integrate with XRPL's proposed native lending framework, with the project attributing the trading activity to market dynamics and limited liquidity.














