Ripple CEO's Action Could Spark 580% XRP Surge: Details

Market watchers are closely monitoring recent statements by Ripple CEO Brad Garlinghouse as potential indicators of a second major rally in XRP. Based on his previous influence on price, analysts believe his latest developments could trigger another substantial move.

First Rally Driven by CEO’s Messaging

In November 2024, XRP experienced a substantial rally, rising from approximately $0.50 to over $2 within weeks. Analysts attribute this surge in part to Garlinghouse’s announcements about growing institutional support for XRP-based investment products.

He confirmed that several major asset managers, including Grayscale, Bitwise, Canary Funds, and 21Shares, had filed for XRP ETFs. At the time, he noted that “institutional interest in XRP products is stronger than ever.” That public statement helped shift investor sentiment, setting the stage for XRP’s 580% increase through January 2025, when prices briefly exceeded $3.

New CEO Update Fuels Bullish Optimism

Recently, Garlinghouse revealed that Ripple will withdraw its cross-appeal in the ongoing Securities and Exchange Commission (SEC) case. This move signals a near conclusion to a multi-year legal dispute that has traditionally weighed on XRP’s price. At the time of the announcement, XRP was valued at approximately $2, and it has remained relatively stable since.

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Analysts see parallels between this update and the prior period when Garlinghouse’s messages preceded a strong market rally. By removing a major legal uncertainty, this step could prompt fresh interest from investors and institutions. Some believe this development sets the groundwork for a renewed bullish trend.

Speculation Grows Around Potential 10X Move

In addition to the cross-appeal announcement, Garlinghouse’s social media activity has intensified speculation. A repost featuring his XRP tattoo prompted widespread community attention. One user queried whether the tattoo represented his ongoing commitment to XRP, and Garlinghouse responded simply with “1,000%”

At that level, XRP’s market capitalization would approach $1.4 trillion, surpassing the value of major corporate giants such as Tesla and Berkshire Hathaway. However, analysts caution that this scenario is highly speculative and relies on numerous assumptions about future demand, regulatory conditions, and overall market behavior.

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