Nvidia was used as a successful technology benchmark as Ripple builds services around the XRP Ledger.

The entities involved

• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• Ripple →

  creator and a developer of the Ripple payment protocol and exchange network.

  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Wed 23:17
  • AVAX surged 50%, outpacing Bitcoin's gains, while XRP gained 22% amidst an unconfirmed ICE decision introducing market uncertainty.Wed 23:17

Related events

• Ripple's growth is compared to Nvidia's past performance, and its technology is seen as competing with Bitcoin's value proposition.Aug 28
• Ripple's institutional brokerage arm is utilizing the XRP Ledger for its operational activities.Aug 26
• Wiley-VCH and Emerald were benchmarked against Nvidia for future growth potential, with the acquisition providing immediate scale.Sep 3
• Nvidia and an unnamed company are being benchmarked for potential future company success.Jul 25
• Nvidia and small chipmakers were used as a historical benchmark for company performance on September 1, 2026.Sep 3