Ripple CEO Reveals The Only Thing That Can Guarantee Success For XRP

2024-3-14 23:00

 

As the crypto market steadily progresses towards the highly anticipated bull market, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple has revealed that the success of cryptocurrencies such as XRP during the market’s present bullish cycle hinges on their real-world applications and utility. 

Ripple CEO Reveals Strategy For XRP Success

On Monday, March 11, Garlinghouse took to X (formerly Twitter) to outline XRP’s winning strategy to success. Highlighting the significant developments within the crypto landscape that have triggered the upcoming 2024 bull run, Garlinghouse disclosed the importance of utility in driving a cryptocurrency’s progress. 

The Ripple CEO revealed that the soaring volumes of the Spot Bitcoin Exchange Traded Funds (ETFs) and the anticipation of the Bitcoin halving event have contributed to the emergence of a bullish cycle in 2024. He also underscored the crucial relationship between Bitcoin’s performance and the broader market, citing a consistent historical correlation where fluctuations in Bitcoin’s price have significantly impacted the performance of other cryptocurrencies in the space.

According to Garlinghouse, a cryptocurrency’s success will not only be attributed to the market’s bullish events but primarily to tangible real-world utility. He emphasized that a cryptocurrency’s true march of progress can only be achieved by its ability to translate market enthusiasm into practical applications. 

In light of this viewpoint, XRP distinguishes itself among prominent cryptocurrencies in the market by virtue of its exceptional utility and advanced use cases. Serving as a bridge currency, XRP provides financial institutions a cost-effective means to facilitate exchanges between crypto and fiat currencies. Moreover, its functionality extends to enabling cross-border payments for faster and more efficient payment solutions. 

Supporting Garlinghouse’s opinions, an XRP advocate and crypto analyst, identified as “JackTheRippler” on X, affirmed XRP’s substantial utility, indicating that the cryptocurrency might emerge as the next Bitcoin should utility be the primary driver of a digital currency’s success in the market.  

XRP Price Fundamentals Grows Stronger

After years of stagnant price growth, XRP is finally emerging from bearish trends into what could become a long-term bullish trend to new all-time highs. Potentially attributed to the present bull market frenzy and Bitcoin’s rise to new all-time highs, XRP’s price has been witnessing significant price increases recently.

Earlier in 2023, Garlinghouse was asked in a Bloomberg interview whether he views XRP as the next Bitcoin. Responding to the query, the Ripple CEO revealed that by working with the system to solve real problems, Ripple could unlock a significant amount of opportunities to create value in XRP. According to Ripple’s CEO, XRP is at the core of what Ripple intends to accomplish.

The cryptocurrency has been experiencing a steady rise in its value, with its price trading at $0.69 at the time of writing, reflecting a 12.66% increase over the last seven days, according to CoinMarketCap.

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market xrp success ripple ceo present cryptocurrencies

Источник: bitcoinist.com

market xrp → Результатов: 126


Фото:

Crypto market snapshot Dec 2: BTC at $96K as XRP and Hedera lead market rally with double-digit gains

The cryptocurrency market is witnessing a surge in bullish sentiment as Bitcoin (BTC) edges closer to the $100K milestone, while altcoins like XRP and Hedera (HBAR) record staggering gains. Over the past 24 hours, XRP surged by 30%, reclaiming its position as the third-largest cryptocurrency by market cap, while Hedera skyrocketed by 44%, making it […]

2024-12-2 09:22


Market Sentiment For BTC, ADA, XRP, SOL Hints At an Impending Market Bounce – Here’s Why

According to blockchain intelligence firm Santiment, bearish sentiment has recently taken hold across major cryptocurrencies like Bitcoin, Ethereum, Binance Coin, XRP Ledger, Cardano, and Solana. As Santiment reported on social media: “With #crypto market caps ranging and lacking the usual growth traders have been accustomed to since the #bullcycle began in October, there is a […] The post Market Sentiment For BTC, ADA, XRP, SOL Hints At an Impending Market Bounce – Here’s Why appeared first on CaptainAltcoin.

2024-2-6 01:27


XRP, QNT, and HBAR: Navigating Lawsuits, Market Dips, and Global Forums

The release of the Hinman XRP lawsuit emails has sent ripples through the market, revealing a series of warnings ignored by Hinman that his speech could cause market confusion. This has raised questions about the transparency and fairness of market regulation, particularly in the case of Ethereum, which was seemingly given preferential treatment in Hinman’s […] The post XRP, QNT, and HBAR: Navigating Lawsuits, Market Dips, and Global Forums appeared first on CaptainAltcoin.

2023-6-14 11:40


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP Jumps 4%, Whale Reacts With $69 Million Coinbase Deposit

On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.

XRP Price Battles Key Hurdles: Can Bulls Prevail?

XRP price corrected some losses and climbed above the $2. 25 zone. The price is now struggling to clear the $2. 350 resistance zone. XRP price is attempting a fresh increase above the $2. 250 resistance zone.

XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13

A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst’s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.

XRP Price Fresh Surge: Bulls Gear Up for Action

XRP price remained stable above the $2. 10 zone. The price is moving higher and might aim for a fresh surge above the $2. 30 resistance zone. XRP price is attempting a fresh increase above the $2. 20 resistance zone.