The coin is living only on fake news, rumours, and other unsubstantial communications.
Unfortunately, it seems to be so. I was excited to see the xrapid coming out, but the short time surge in popularity was in fact driven by fake news, or it appears so. While I think we should it give the benefit of the doubt to any new solution of this type, the XRP price speaks otherwise. Now this XRP derivative thing, I don't know what it means but hopefully something good may still come out of it.