“People forget that before the SEC got involved, $XRP was the second most valuable digital asset, ranked even above Ethereum,” Garlinghouse said.
A fresh wave of excitement has gripped the crypto community after Ripple CEO Brad Garlinghouse claimed that XRP could eventually surpass Bitcoin, boasting a future market cap of $640 trillion. In a recent interview, Garlinghouse stated XRP’s current price struggles to the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), which he believes unfairly disrupted the token’s growth trajectory.
“People forget that before the SEC got involved, XRP was the second most valuable digital asset, ranked even above Ethereum,” Garlinghouse said. “Then the SEC came in, gave Ethereum a free pass, sued Ripple, and XRP dropped. That’s not how our government should function, picking winners and losers in the market.” Despite frustrations over the regulatory environment, Garlinghouse remains optimistic. “We believe that in the long run, things will sort themselves out, and we will prevail,” he added.
A tattooed commitment to XRP In a show of personal conviction, Garlinghouse recently responded to a crypto enthusiast on X who praised his decision to get a tattoo after 50. The tattoo features the XRP logo and the date July 13, 2023 – an important date in Ripple’s legal saga. That day, a court ruled that XRP’s institutional sales violated securities laws but cleared its retail sales, offering partial relief to Ripple. “When someone with a Harvard MBA gets a tattoo after 50, they’ve thought it through,” the user wrote. Garlinghouse replied simply: “1000%.”
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