XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time.

Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I'm Very Optimistic'

Brad Garlinghouse highlighted several macroeconomic factors behind the potential growth of the total crypto market value.

Crypto Market Cap to Double to $5 Trillion by Year-End: Ripple CEO

Ripple‘s (CRYPTO: XRP) CEO, Brad Garlinghouse on Monday predicted the total cryptocurrency market capitalization could soar to $5 trillion, solidifying bullish expectations for the cryptocurrency market, What Happened: Garlinghouse's confidence stems from key developments in the sector, notably the launch of the first U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) and the anticipated Bitcoin halving event. Having witnessed the ebbs and flows of the cryptocurrency industry over the years, Garlinghouse highlighted the significant impact of macroeconomic factors, such as the introduction of ETFs, in attracting institutional investments into the space for the first time.

Why Ripple CEO Brad Garlinghouse Predicts A $5 Trillion Crypto Market Cap In 2024

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Ripple's XRP XRP has struggled to keep pace with the wider bitcoin and crypto market's price boom this last year—though XRP has still climbed 20% as the Federal Reserve primes traders.

Ripple CEO Issues Shock $5 Trillion U.S. Crypto Price Prediction Amid Bitcoin Halving Pump That's Boosted Ethereum, XRP, Solana And Dogecoin

Brad Garlinghouse, the CEO of blockchain startup Ripple, projected that the cryptocurrency market's total capitalization could hit $5 trillion this year. What Happened: Garlinghouse's bullish forecast for the crypto market is driven by several macro factors, including the launch of the first U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) and the upcoming bitcoin “halving,” reported CNBC.

Bitcoin ETFs, Halving To Power Crypto Market Past $5 Trillion Mark, Predicts Ripple CEO

Brad Garlinghouse said in the interview that he is 'very optimistic' about macro trends in crypto such as the ETFs and the upcoming halving.

Ripple CEO expects crypto market cap to double by year-end: CNBC

Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year, citing the arrival of the first U.S. spot bitcoin exchange-traded fund and upcoming so-called bitcoin “halving.” “The overall market cap of the crypto industry ... is easily predicted to to double by the end of this year ... [as it's] impacted by all of these macro factors,” Garlinghouse said.

Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

Ripple Labs, the primary developer of the XRP XRP Ledger (XRPL) blockchain and its namesake token, is moving into the $150 billion stablecoin business after a year in which the $32 billion network generated less than $1 million in fees and facing persistent questions about its technology's use.

Ripple's Move Into Stablecoins Raises Key Questions For XRP's Future

Ripple's chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.

Ripple's Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto'

Payments platform Ripple is announcing its plans to create a new US dollar-pegged stablecoin on Ethereum (ETH) and the XRP Ledger.

Ripple Announces Plans To Launch a US Dollar-Pegged Stablecoin on XRP Ledger and Ethereum

XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?

What Does Ripple's Stablecoin Mean for XRP?

Payment protocol Ripple (CRYPTO: XRP) on Thursday announced its entry into the stablecoin market with a U.S. dollar-pegged token. What Happened: Ripple's stablecoin aims to set a new standard in the stablecoin ecosystem by ensuring a 1:1 peg to the U.S. dollar, underpinned by substantial U.S. dollar deposits, short-term U.S. government treasuries and other cash equivalents, according to a press release.

Ripple Announces Stablecoin On XRP Ledger And Ethereum

Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S.

Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems

Blockchain firm Ripple aims to wrestle market share from USDT and USDC with a transparent, compliance-focused dollar-backed stablecoin.

Ripple To Launch a Stablecoin Backed by the U.S. Dollar

Crypto payments firm Ripple is gearing up to debut its own dollar-pegged stablecoin this year. Here's what we know so far.

Ripple to Launch USD-Backed Stablecoin on Ethereum and XRP Ledger

Blockchain firm Ripple said it's launching a U.S. dollar stablecoin, marking an entry into the $150 billion stablecoin market.

Ripple to launch U.S. dollar stablecoin, taking on a $150 billion market dominated by Tether, Circle

Seeking to capture some of the growing stablecoin market, Ripple is launching a competitor to Tether and Circle's stablecoins.

Ripple to launch USD stablecoin that CTO David Schwartz hopes will rival USDT and USDC

The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

Shiba Inu

A new study has shed light on the most popular cryptocurrencies among residents of Michigan. What Happened: The study by Bombastic.com, which analyzed Google search data over the past year, revealed a mix of established players and rising stars capturing the attention of Michigan's crypto enthusiasts.

Michigan's Most Popular Cryptocurrencies: Study Results May Surprise You

Bitcoin BTC and other major cryptocurrencies—including ethereum, XRP XRP , solana and dogecoin—have crashed back (even as crypto price data shows the bitcoin halving could trigger a huge earthquake).

‘Keep Calm'—Fed Sparks $300 Billion Crypto ETF Price Crash, Hitting Bitcoin, Ethereum, XRP, Solana And Dogecoin

Bitcoin BTC has exploded over the last year, sending the bitcoin price to over $70,000 as top Wall Street executives sound and "urgent" alarm over a U.S. dollar time bomb.

‘A Very Big Deal'—Crypto Suddenly Braced For A Huge China ETF Earthquake After Bitcoin, Ethereum And XRP Price Boom

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Deep-pocketed crypto investors are abruptly shifting hundreds of millions of dollars worth of digital assets to and from unknown wallets. New data from whale-surveying platform Whale Alert reveals that over $350 million worth of Bitcoin (BTC), the top crypto asset by market cap, was moved in two separate transactions.

Whales Move Over $618,000,000 in Bitcoin, Ethereum, XRP and Chainlink – Here's Where the Crypto's Headed

The U.S. Securities and Exchange Commission (SEC) has asked a judge to order Ripple to pay nearly $2 billion in fines and penalties. The SEC first sued the payments company in late 2020 for allegedly selling XRP as an unregistered security.

SEC Asks Judge To Order Ripple To Pay Nearly $2,000,000,000 in Fines and Penalties

Bitcoin BTC has exploded back into the limelight this year, triggering surprise interest from some of Wall Street's biggest investors.

‘The Circle Will Be Complete'—Elon Musk Issues A Shock Prediction That Could Cause Bitcoin, Ethereum, XRP Dogecoin and Crypto Price Chaos

In a recent filing with the U.S. District Court for the Southern District of New York, the United States Securities and Exchange Commission (SEC) revealed its proposal for fines.

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