Ripple CEO Brad Garlinghouse Clarifies Separation Between Ripple and XRP at DC Fintech Week
At DC Fintech Week, Ripple CEO Brad Garlinghouse took the stage to clarify the distinction between Ripple, the company, and XRP, the digital asset. He emphasized that Ripple is a venture-backed private entity, while XRP operates as an open-source technology independent of the company. This clarification comes amid ongoing legal battles where the confusion between Ripple and XRP has been a focal point. Garlinghouse reiterated the importance of understanding this separation, highlighting XRP's role as a decentralized digital asset. The discussion underscores the evolving landscape of digital assets and their regulatory challenges, with XRP continuing to play a significant role in the cryptocurrency market as of November 2025.
Ripple CEO Clarifies Distinction Between Company and XRP at DC Fintech Week
Ripple CEO Brad Garlinghouse emphasized the separation between Ripple, the company, and XRP, the digital asset, during his appearance at DC Fintech Week. Garlinghouse pointed out that Ripple is a venture-backed private entity, while XRP operates as an open-source technology independent of the company.
The confusion between Ripple and XRP has been a focal point in ongoing legal battles. Garlinghouse reiterated that Ripple develops financial products utilizing XRP but does not control the asset itself. The XRP Ledger remains a public blockchain accessible to all developers and builders.
Garlinghouse dismissed the notion of XRP having a centralized leadership structure, drawing parallels to decentralized networks like Bitcoin and Ethereum. "Ripple has a CEO—me," he said. "But XRP thrives through a diverse ecosystem of independent contributors and projects."
XRP Price To Hit $5 Amid Major Ripple Update
XRP price has shown resilience in today's trading session, maintaining positive momentum despite broader market volatility. The digital asset currently trades at $2.49, marking a 1.5% increase, though trading volume has declined by 26% to $6.2 billion.
Market sentiment received a boost from Ripple's latest partnership with a leading African financial institution to expand custody services. This development comes as the token recovers from a recent pullback that saw prices dip to $1.50 amid geopolitical tensions and market uncertainty.
Technical analysts remain bullish on XRP's prospects, citing historical patterns and the growing institutional adoption of Ripple's services. While weekly charts show a 13% decline, the long-term outlook appears positive as the company continues to execute its global expansion strategy.
Ripple Secures Major Crypto Custody Partnership with Absa Bank in South Africa
Ripple has forged a strategic alliance with Absa Bank, marking its first significant cryptocurrency custody partnership in South Africa. The collaboration enables Absa to provide institutional-grade digital asset custody services to its clients, leveraging Ripple's secure storage technology for cryptocurrencies and tokenized assets.
The MOVE signals growing institutional adoption of blockchain solutions across Africa's emerging markets. Absa becomes Ripple's flagship custody partner on the continent, utilizing its compliant infrastructure to meet rising demand for digital asset services.
"Africa is undergoing a fundamental transformation in value storage and exchange," said Reece Merrick, Ripple's Managing Director for Middle East and Africa. "Partnering with Absa—a recognized innovator in African banking—allows us to deploy market-leading custody solutions that meet stringent regulatory requirements."
The development coincides with improving regulatory clarity and increasing institutional interest in digital assets across African markets. Ripple's technology aims to provide traditional financial institutions with the confidence to explore blockchain-based offerings while maintaining compliance.
XRP Price Prediction: Supertrend Pattern Suggests Potential Rally to $27
Technical analysts are drawing parallels between XRP's current Supertrend setup and historic breakout patterns that preceded massive rallies. ChartNerdTA's monthly analysis identifies a rare confluence of the Supertrend indicator with the $27 Fibonacci extension level—a configuration that previously signaled inflection points during bull markets.
The cryptocurrency's price action NEAR $2.50 in mid-October 2025 follows a recovery from earlier volatility. Market participants are watching institutional interest and potential ETF developments as catalysts that could amplify the technical setup's significance.
While the $27 target remains speculative, the alignment of technical factors with growing ecosystem momentum has captured trader attention. Resistance levels will prove critical in determining whether this pattern repeats its historical tendency for multi-fold gains.
XRP Liquidation Event Triggers Massive Market Shock
Ripple's XRP faced a historic market upheaval as $610 million in Leveraged long positions were liquidated in a single day. The October 11 event, dubbed a "Black Swan" occurrence, sent shockwaves through crypto derivatives markets, with Binance, OKX, and Bybit among the exchanges affected.
Market structure held firm despite the cascade of margin calls. Open interest stabilization and neutral funding rates now suggest cautious re-entry by traders, though volatility risks persist.
The rapid price plunge created a self-reinforcing liquidation cycle, yet XRP's DEEP liquidity pools prevented more severe systemic damage. Exchange order books absorbed the sell-off without collapsing, demonstrating the asset's underlying resilience.
XRP Technicals Hint at Parabolic Wave if Key Support Holds
XRP hovers near $2.43 as bearish pressure erodes short-term momentum, testing a critical juncture between historical support at $1.96 and resistance at $3.30. The 2017 rally's echo emerges as analysts identify a reaccumulation phase—a pattern last seen during XRP's historic ascent.
Failure to defend the $2.30 support could trigger a slide toward $1.80, while a rebound may reignite bullish momentum. Weekly charts reveal tightening price action, with the RSI's descent below 50 confirming growing seller dominance. Market participants await resolution of this compression, reminiscent of pre-breakout behavior during previous cycles.
