Brad Garlinghouse: XRP Holdings Exceed $100 Billion, Ripple Valuation Significantly Increases
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Ripple CEO Brad Garlinghouse revealed that XRP holdings have surpassed $100 billion, a change that significantly boosts Ripple's valuation. Compared to the previous valuation of $11 billion, Ripple's market position has further strengthened.
XRP Holdings Growth, Ripple Valuation Doubles
Garlinghouse noted that the value of XRP currently held by Ripple has exceeded $100 billion, a substantial increase compared to early 2024 valuations, reflecting the company's rapid growth in blockchain technology and market demand. The financial reassessment of Ripple has also narrowed its valuation gap with other tech companies like MicroStrategy.
XRP Price Soars to $2.40, Trading Volume Surges
According to Coinglass data, the price of XRP surged to $2.40 in January 2025, with trading volume reaching $4.54 billion. This growth is closely related to XRP's price trend, indicating that market activity has also increased. Discussions around U.S. blockchain reserves and cryptocurrency ETFs have further attracted the attention of investors and institutions.
Ripple Continues to Expand Blockchain Solutions
Despite XRP's strong performance, Ripple remains focused on providing blockchain solutions for financial institutions. Garlinghouse emphasized that the company is committed to offering customized custody and cross-border payment services for banks and enterprises. The acquisition of Metaco further enhances Ripple's institutional-grade solution capabilities. Additionally, Ripple's upcoming stablecoin Ripple USD (RLUSD) is expected to enhance XRP's liquidity, further driving its market application.
Summary
With the breakthrough in XRP holdings and the growth in market demand, Ripple is steadily consolidating its leadership position in blockchain technology and the financial sector. In the future, with the launch of new products, Ripple will play an increasingly important role in the global blockchain solutions market.
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