Ripple CEO Brad Garlinghouse has voiced strong confidence in XRP’s growing role within the financial sector, particularly its potential inclusion in the U.S. digital asset strategic reserve.
In a recent statement, Garlinghouse also hinted at the likelihood of an XRP exchange-traded fund (ETF) launching by the end of 2025.
His optimism stems from the increasing regulatory clarity surrounding digital assets, which is paving the way for institutional adoption.
Additionally, while there has been speculation about Ripple Labs going public, Garlinghouse emphasized that although an initial public offering (IPO) remains an option for the company, it is not an immediate priority.
These remarks reinforce Ripple’s long-term commitment to establishing XRP as a key player in the evolving digital economy.
SEC Case Resolution Fuels Market Optimism
Garlinghouse’s confidence in XRP follows a major legal victory for Ripple Labs, as the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against the company.
The legal battle had cast uncertainty over XRP’s status, but with the case dismissed, investors and institutions now have greater clarity regarding its regulatory standing.
The resolution has injected renewed optimism into the market, with analysts predicting a surge in institutional interest.
Also Read: XRP Whales Accumulate 150 Million In 48 Hours As Trump’s Social Media Post Fuels Market Speculation
Several major financial firms, including Bitwise and Franklin Templeton, have already filed applications for XRP ETFs, further signaling a shift toward broader regulatory acceptance.
These developments position XRP as a leading candidate for future financial products designed for institutional investors.
XRP Price Surges Amid Institutional Accumulation
Following the SEC case dismissal, XRP has experienced a notable price surge, reflecting growing investor confidence.
Currently trading at $2.46, the token has gained 7.19% in the past 24 hours and 10.07% over the past week. Its trading volume has skyrocketed to $10.29 billion, and its market capitalization now stands at approximately $143.17 billion.
The sharp increase in price suggests that traders and institutional investors alike are reacting positively to the newfound regulatory clarity.
With a circulating supply of 58 billion XRP, the asset continues to be one of the most significant cryptocurrencies, reinforcing its status as a potential mainstream financial instrument.
Also Read: Ripple’s Chris Larsen Moves $109M in $XRP After $112M Hack, Current Holdings Stand At $7.18B
Growing Institutional and Government Interest in XRP
As XRP gains momentum, its potential inclusion in the U.S. government’s digital asset reserve could mark a pivotal moment for its adoption.
If the token is integrated into the proposed strategic reserve, it would significantly boost its credibility within financial and governmental institutions.
Even Cardano founder Charles Hoskinson recently praised XRP’s suitability for inclusion in the strategic reserve list, a rare moment of recognition from a prominent figure in the crypto space.
At the same time, demand for XRP ETFs is rising, highlighting a growing appetite for the token among institutional investors.
These trends suggest that XRP is increasingly being recognized as a viable asset in the digital financial ecosystem.
XRP’s Expanding Market Influence and On-Chain Activity
Ripple executives continue to emphasize the broader vision for the company, with CTO David Schwartz stating that while Ripple could focus exclusively on XRP, doing so would limit its potential customer base.
Meanwhile, on-chain data reveals a significant surge in XRP activity, with active addresses rising by 620% over the past week.
The increase in network activity coincides with a period of heavy accumulation by major investors, further reinforcing the token’s bullish momentum.
As the crypto market shifts toward greater institutional engagement, XRP’s expanding role in financial infrastructure could position it as a dominant force in the industry.
Also Read: Ripple Teams Up with South Korean BDACS to Strengthen XRP and Ripple USD Custody