Ripple CEO discusses XRP’s future in the evolving crypto space
The post Ripple CEO discusses XRP’s future in the evolving crypto space appeared on BitcoinEthereumNews.com.
Through an X post, Ripple CEO Brad Garlinghouse said there was light at the end of the tunnel for XRP. He thanked the XRP army for its patience and unwavering support. He stated that a lot had happened since XRP ranked second most valuable crypto, but headwinds were turning to tailwinds as tides appeared to change under Trump’s administration. The Ripple boss claimed that the crypto firm had endured six years of the U.S. SEC’s meddling, characterized by an unfair picking of winners and losers. He, however, added that the opportunities for those who believed in XRP’s future were enormous despite Ripple’s 4-year legal battle against the U.S. SEC. XRP prepares to reclaim former glory as CEO promises brighter future I’ve shared some thoughts on what the Trump administration could mean for crypto and wanted to also recognize the XRP family’s patience and unwavering support. A lot has happened since XRP was the 2nd most valuable digital asset. It’s been – at times – a frustrating journey. ~6… — Brad Garlinghouse (@bgarlinghouse) November 7, 2024 Speaking to BBC News, Garlinghouse anticipated that the entire crypto industry, including XRP, would thrive under the Trump administration and the pro-crypto Senate. He pointed to key factors such as the replacement of the U.S. SEC top officials, starting with the chair, as some of the changes that could overhaul the crypto space. According to Ripple’s top executive, the U.S. crypto market was ready to follow the rules; it just needed clarity of regulation. He added that a shift in the SEC’s leadership could potentially impact Ripple’s case positively, possibly driving the XRP price up. His comments suggested that the new Congress could bring the clarity that Ripple has been waiting for. Paul Grewal, Coinbase CLO, echoed these sentiments, saying that Ripple’s case could finally…
Filed under: News - @ November 10, 2024 9:08 am