XRP News: Ripple CEO Brad Garlinghouse Reveals 1000% XRP Commitment

As the Ripple-SEC legal row inches toward its logical conclusion, Brad Garlinghouse is doubling down on the XRP project, pointing to his tattoo as a badge of commitment. In the near term, Garlinghouse will improve the project as fresh XRP news indicates soaring network fundamentals.

XRP News: Brad Garlinghouse Bets It All On XRP

Ripple CEO Brad Garlinghouse has confirmed that he is putting it all on the line for XRP, expressing optimism for the project’s long-term success. In an X post, Garlinghouse points to the XRP tattoo on his upper arm as a symbol of his 1,000% commitment to the project.

Garlinghouse reiterated his commitment to XRP after the pseudonymous Digital Asset Investor commented on his decision to get a tattoo. The pseudonymous account noted that Garlinghouse’s decision to get an XRP tattoo after the age of 50 signals a full dedication to the project.

“I know many people who got tattoos when they were young and regret them because lif changes,” said Digital Asset Investor. “When someone with a Harvard MBA gets a tattoo after 50 they have thought it through and know it’s only going to change in a good way.”

Digital Asset Investor argues that Brad Garlinghouse has zero doubts, prompting the XRP founder to respond with “1,000%.” Brad Garlinghouse unveiled the XRP tattoo after Ripple’s partial victory against the SEC in 2023, which declared that public exchange token sales did not qualify as securities.

However, the company spent the next two years challenging the court’s decision on institutional XRP sales, pushing for a revised ruling. Ripple has since dropped its cross-appeal against the SEC, bringing the XRP lawsuit one step closer to its end, after Judge Torres quashed a joint motion by both parties for an indicative ruling.

Ripple CEO Focuses On Building

Despite the injunction on institutional XRP sales, Brad Garlinghouse says he is doubling down on improving XRPL. The company will not challenge the court’s decision to leave the injunction in place, but may explore compliant options for institutional XRP sales.

“We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value,” said Garlinghouse.

Already, the buzz around a commitment to the project is yielding its first fruits. XRP transaction volumes have spiked while XRP daily addresses surged 7x in June. Furthermore, XRP ETF odds have soared to 95% buoyed by glowing fundamentals, with Canada approving three ETFs. On the technical side of things, the new XRP Ledger software update 2.5.0 has gone live, bringing XRPL into competition with Ethereum and Solana.