While there was a sudden return in the market after the March 5 rise, XRP fell to $ 0.53 for a short time, with a decrease of up to 8%. XRP, which decreased slightly in the last upward momentum, saw a correction up to $ 0.69 in the morning.

Ripple CEO weighs in on real-world benefits of cryptocurrencies

After the rapid rise of XRP, Ripple became one of the trends on social media. At that time, Ripple CEO Brad Garlinghouse made a statement commenting on the crypto market in general.

Garlinghouse touched on Bitcoin ETFs in his post published on the X platform in the minutes when XRP reached its peak in 2024. Stating that the increase in the volumes of ETFs is extremely important, Ripple CEO also talked about Bitcoin's halving event.

Brad Garlinghouse stated that the altcoin market is following the recent rising trend of Bitcoin and that he thinks it will continue that way, and at this point, he drew attention to the crypto assets of projects that provide benefits in the real world. As it is known, Ripple produces innovative solutions for the real-world payment industry with its XRP Ledger infrastructure.