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The CEO of Ripple identifies the final barrier of the XRP Ledger for mass adoption by major banks

The CEO of Ripple, Brad Garlinghouse, has identified the determining factor for institutional adoption of the $XRP Ledger (XRPL). In a recent exchange with a validator of $XRP known as Vet_X0, Garlinghouse was asked what would make institutions feel comfortable using XRPL for transactions. His one-word response, "privacy," summarized the growing shift in Ripple's strategy towards institutional integration. The statement underscores a new approach for Ripple. Over the past year, the company and XRPL developers have introduced a series of compliance-oriented updates. Their goal is to align the network with the security and regulatory standards expected by banks and corporations. However, Garlinghouse's comment highlights what Ripple believes remains the missing piece: a privacy layer robust enough to protect sensitive institutional data without compromising regulatory compliance. With most of the latest updates already completed, only privacy features and lending and borrowing functions remain to be added.

😂😂😂😂 this is the second one I've seen, they only change the currency, I don't know what they expect people to lose money. Or do they really think that by doing these things they will change the price of the token.

What did you buy for 9, right? And you think a message from Binance could change something. One piece of advice: almost all of us have fallen for something like this, but we learn from it. Now analyze and investigate before.

First use case for XRP, this is where you can go, friend.

The U.S. publicly traded company Wellgistics will integrate XRP as a real-time payment tool and reserve asset.

Wellgistics, a U.S.-listed pharmaceutical infrastructure company, announced the integration of $XRP as a real-time payment tool and reserve asset, backed by a $50 million capital credit line to support the initiative. The company stated that it will leverage the $XRP blockchain network to significantly enhance the speed of cross-border settlement and reduce costs, as well as explore programmable liquidity models and on-demand payments in the future. (TheBlock)

The activity of XRP whales is increasing, the price could surpass a key resistance

Background: Recently, the activity of $XRP whales has significantly increased, with Ripple transferring 300 million $XRP to unknown wallets, followed by 70 million tokens moved between unidentified addresses, totaling 782 million dollars. These large transfers have attracted market attention.

Key Events:
- The price of $XRP rose by 2.98% in the last 24 hours, reaching $2.20.
- On-chain data shows inflows to exchanges of $XRP amounting to 122.62 million dollars and outflows of 116.44 million dollars, with a slight net increase in inflows, indicating cautious optimism among investors.
- The Network Value to Transactions (NVT) ratio of $XRP fell by 57.13%, suggesting that transaction volume exceeds market capitalization, signaling an improvement in network health.
- However, daily active addresses and transaction count have decreased, reflecting lower user participation, which could impact price sustainability.
- Long-term holders are in unrealized loss positions, implying that the market may be in an accumulation phase at the bottom.
- Short liquidations reached 1.48 million dollars, far exceeding long liquidations of 364 thousand dollars, creating a short squeeze that drives bullish momentum.
- The price of $XRP is approaching the upper limit of the descending channel at $2.18, with a key resistance level at $2.40; breaking this level could trigger a rally towards $3.00.

Potential Impacts:
- If $XRP breaks the resistance of $2.40, it could trigger a new rally, reversing the bearish trend of months.
- Weakened network activity could limit short-term gains, requiring close monitoring of the market's subsequent performance.
- This is not investment advice.

Political: Trump's tweet about "advancing XRP and other cryptocurrency reserves" was promoted by lobbyists, and he was not aware of it.

BlockBeats reports that on May 9, according to Politico, on March 2 $Trump posted on Truth Social about "advancing a strategic cryptocurrency reserve that includes $XRP, SOL, and ADA." This was actually driven by the lobbying firm Ballard Partners, and $Trump himself was not aware. Since then, the lobbyist Ballard has been "kicked out" of the White House.

Insiders revealed that minutes after the president's post, the White House's "crypto czar" David Sacks was furious. White House officials soon realized that the $XRP mentioned on Truth Social was a client of the lobbyist Ballard. Following the exposure of the post, White House staff were instructed not to meet with Ballard. However, those close to $Trump said that the dissatisfaction with Ballard went much deeper; some White House officials believed that Ballard was exploiting $Trump's fame for personal gain. Politico reviewed the invitations that Ballard received for $Trump's fundraising events and call logs with senior officials from the $Trump administration since the March incident, indicating that Ballard has not severed ties with the White House.

Coinbase reveals internal discussions with the SEC about XRP and the New York State lawsuit for ETH collateral backing

According to Foresight News and reported by The Block, Coinbase disclosed more than 10,000 documents to multiple agencies, including the U.S. Securities and Exchange Commission (SEC), under the Freedom of Information Act. Newly published documents reveal that in an email from June 2023, Shamiso Maswoswe, Director of the Investor Protection Bureau at the New York State Attorney General's Office, asked whether the SEC would file an amicus brief to "support the argument that Ethereum is a security." In March 2023, the New York State Attorney General's Office sued KuCoin, accusing it of violating state laws related to the trading of securities and commodities, specifically classifying Ethereum as an unregistered security. Additionally, internal discussions at the SEC considered whether $XRP could be classified as a security.

Ripple adjusts the XRP disclosure method and claims that transparency information was exploited by the SEC

#xrp
Ripple announced that it will stop publishing quarterly reports on the $XRP market and will adjust the way it discloses its XRP holdings. The reason is that previously disclosed information proactively to enhance transparency was used by the U.S. Securities and Exchange Commission (SEC) as a basis for enforcement actions. The company stated in its first-quarter report of 2025 that this approach "did not achieve the expected results" and claimed that "Ripple's transparency was used against it by the former leadership of the SEC." Although the specific format of the new disclosure has not yet been announced, CEO Brad Garlinghouse indicated that the company will continue to update relevant information through its official website and social channels. (Protos)

The CTO of Ripple responds to the controversy surrounding the missing block in XRP Ledger: caused by an error in the early development stage

According to TechFlow, on May 5, David Schwartz, co-founder of the #Ledger (XRPL) and Chief Technology Officer of Ripple, responded on Twitter regarding the loss of the first 32,569 ledger records.

Schwartz indicated that the lost records correspond to the initial phases of development and testing of the XRPL. During the software development, the team created multiple data streams from the ledger, and one of these streams encountered an error that resulted in the loss of approximately 10 days of ledger records. Although the team conducted a data recovery, the first 32,569 blocks remain unrecoverable.

At that time, the team hoped to quickly restart the ledger and therefore considered the lost historical records to be unimportant. Although it was evaluated to resolve the issue by cleaning the ledger, this would have eliminated more historical records, so it was ultimately decided to maintain the current state. Schwartz emphasized that the loss of these blocks was not due to human operation, but was related to the experimental phase during the early launch of the XRPL.

Great things are not forged in a short time

It is your opinion, like any other

What do you have in mind Brad Garlinghouse?

Ripple's $5 billion acquisition of Circle was rejected, drawing attention to the future trend of XRP.

Ripple's $5 billion acquisition offer for Circle was rejected, as Circle deemed the offer too low. The scale of Circle's USDC stablecoin market is rapidly growing and meets strict regulatory requirements, challenging Ripple's business model. Market analysis suggests that Ripple's move may be aimed at consolidating competition in the market. Recent capital flows into $XRP have increased, with an expected upward price, but it needs to maintain key support levels.

At the end of this year, xrp will be 👆🏽, this is my opinion of course it's not any investment advice 😉

The president of Ripple hints at explosive growth for XRP in 2025.

Ripple is accelerating the expansion of its digital finance ecosystem with the acquisition of Hidden Road, as president Monica Long declares that 2025 will be the most transformative year for the company to date.

Ripple's president, Monica Long, recently captured the attention of the XRP community with several key updates shared during an interview with CNBC. She emphasized the strategic acquisition of Hidden Road, a leading prime brokerage firm, which will significantly enhance Ripple's core services: payments, custody, and asset tokenization.

According to Long, the integration of Hidden Road's infrastructure will increase Ripple's operational efficiency, expand its global reach, and strengthen its end-to-end financial ecosystem, from liquidity sourcing to last-mile payments. The combination of prime brokerage, post-trade settlement via the XRP Ledger (XRPL), and institutional-grade custody is expected to unlock substantial performance gains.

Ripple currently holds more than 60 regulatory licenses worldwide, a significant competitive advantage in providing cross-border financial services. Long highlighted that Ripple has built its global network "brick by brick," anchored by solid liquidity tools and real-time settlement capabilities.

She expressed strong optimism, stating:
"2025 is shaping up to be Ripple's best year yet."

Meanwhile, Ripple's CEO, Brad Garlinghouse, also fueled excitement by applauding the upcoming launch of XRP Futures by CME Group on May 19. He called it a "long-awaited" milestone that signifies the growing maturity and recognition of the XRP market.

Where will we see #Xrp🔥🔥 by the end of this year?
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CEO of Ripple: The launch of XRP futures on CME is a milestone for the crypto market

$XRP
DeepTech TechFlow reports that on April 26, according to FinanceFeeds, the Chicago Mercantile Exchange (CME) announced plans to launch futures contracts on $XRP , making XRP the third major digital asset traded on the platform after Bitcoin and Ethereum. Ripple's CEO, Brad Garlinghouse, stated on the social platform X that this is a "decisive moment," which not only validates XRP's status as a mature investment asset but also enhances its liquidity, stabilizes volatility, and attracts more institutional investors. Analysts believe this move could eventually lead to the introduction of ETFs related to XRP or other structured products, marking the recognition of utility tokens on major global financial platforms.

CME Group will launch XRP futures reflecting the growth in interest and adoption of XRP

$XRP
CME Group plans to launch futures contracts for $XRP , reflecting the growing interest and adoption of $XRP in the market. This initiative could provide investors with more trading options and encourage further development of $XRP in financial markets.

The House of Representatives plans to publish a new bill on the structure of the cryptocurrency market by the end of this month.

The U.S. House of Representatives is preparing to present a new round of draft bills on the structure of the cryptocurrency market, which are expected to be published by the end of this month. This bill may refer to the "Financial Innovation and Technology Act of the 21st Century" (FIT21) passed by the previous Congress.

Meanwhile, the House STABLE Act and the Senate GENIUS Act have completed committee reviews, but have not yet advanced to full votes. Both differ slightly in the assignment of their regulatory authorities. (Blockworks)