Ripple CEO Brad Garlinghouse Doubles Down: "1,000% All-In on XRP" as Crypto Markets Heat Up
Ripple's boss isn't just betting on XRP—he's going nuclear. Brad Garlinghouse just declared a "1,000% commitment" to the embattled crypto, sparking fresh speculation about Ripple's endgame.
From courtroom battles to moon shots
The announcement comes as XRP claws back from its legal purgatory. Garlinghouse's phrasing—deliberately hyperbolic—reads like a hedge fund manager's redemption arc. No half measures here.
The institutional playbook
This isn't retail investor hopium. That "1,000%" figure telegraphs institutional-grade conviction, whether Wall Street buys it or not. Meanwhile, TradFi bankers still can't decide if crypto is a scam or their next bonus check.
One thing's clear: Ripple's betting everything on proving them wrong.
Ripple ends legal war with SEC
The long battle between Ripple and the SEC is winding down. While the company had initially resisted the court’s conclusion that sales of institutional XRP were securities, it has since withdrawn its cross-appeal. This is a tactical retreat, and it’s evidence that Ripple is ready to proceed.
Earlier this month, Judge Analisa Torres denied a coordinated plea from Ripple and the SEC for an indicative ruling.
With the case stalled, Ripple decided not to push the litigation on the final prong regarding institutional sales. Instead, the firm will respect the court order and look for lawful opportunities to distribute XRP to institutions.
Brad Garlinghouse announced the company’s new posture in a public statement that they had closed that chapter once and for all, and they can now focus on the most important place – building the Internet of Value.
Ripple has used the term “Internet of Value” for a while now to describe its larger goal—frictionless cross-border asset transfer in worldwide payment systems. Now, with the shackles of litigation off its wrists, Ripple is increasingly zeroing in on realizing its vision.
Ripple drives XRP ecosystem growth with renewed focus
Ripple’s pivot towards development & expansion is already paying off. In June, the XRP Ledger witnessed a more than 7x spike in daily active addresses, indicating higher network usage. At the same time, transaction volume is increasing, indicating more use of XRP in real-world use and trading.
Market sentiment has also shifted. The buzz around a US-approved XRP exchange-traded fund (ETF) is building after Canada greenlit three XRP ETFs just days ago. Analysts think there’s a 95% chance XRP ETF will be here soon. This WOULD make XRP available to institutional buyers and retirement accounts, driving liquidity and confidence in the market.
Ripple has released version 2.5.0 of the XRP Ledger (XRPL). This release includes substantial power enhancements and sets XRPL apart from its nearest competition with ethereum and Solana. The improvements include faster and less expensive throughput and compatibility with smart contracts, fundamentals for developers who intend to build DApps on XRP.
The update also improves the XRPL’s chain interoperability, a requirement in the future of finance. However, in the growing layer-1 blockchain space, the upgrade signals that Ripple wants to be a force once again, not just for a payments protocol but as a dApp development and execution platform, too.
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