Ripple: Undervaluation Amid Rising Demand for XRP Ripple CEO Brad Garlinghouse has highlighted the company’s undervaluation amid rising demand for XRP 📈. In a recent interview, Garlinghouse mentioned that the value of XRP held by Ripple has surpassed $100 billion, which has significantly influenced the company’s valuation outlook 📊. Event Analysis
Implications for Ripple: The company’s undervaluation may be an opportunity for investors as the value of XRP and demand for Ripple’s blockchain solutions continue to grow.
Implications for XRP: Ripple’s growth and rising demand for XRP may boost the cryptocurrency’s price in the market 🚀.
Implications for the sector: Changes in the regulatory environment and the departure of SEC Chairman Gary Gensler may represent a "turning point" for Ripple and the cryptocurrency sector in general.
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