Exchanges· ★★★· bullish·

Ripple CEO: institutional demand and liquidity matter more for XRP than transaction count

  • —Garlinghouse: XRP's price depends on institutional demand and liquidity, not network activity
  • —Ripple has invested more than $1 billion in XRP ecosystem companies
  • —Ripple CEO cited Judge Torres' 2023 ruling that XRP is not a security
  • —Ripple's priorities for XRP are trust, utility, speed and liquidity
Why it matters: The Ripple CEO's remarks reinforce the institutional-demand narrative for XRP amid ETF inflows and network growth.
#XRP
Source: Digital Today
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