XRP and $40 billion valuation: A new phase in cryptocurrency led by Ripple's Brad Garlinghouse

Ripple’s current market valuation has reached $40 billion, symbolizing its growing influence within the industry. Looking at this growth trajectory, it is clear that Brad Garlinghouse’s leadership and strategic decision-making have significantly contributed to the company’s rapid development.

XRP Performance and Market Valuation

The native token XRP currently has a circulating market cap of $12.462 billion, occupying an important position in the market. Over the past year, price movements have experienced various stages, reflecting the overall volatility of the cryptocurrency market. Meanwhile, the market capitalization continues to position XRP as a major currency within the industry.

Strategic Fundraising and Corporate Growth

Ripple recently conducted a $500 million funding round led by several major investment funds. This capital injection enables the company’s strategic next steps. Notably, the company has undertaken strategic acquisitions to strengthen its position in the stablecoin sector. Specifically, through the acquisition of Hidden Road ($1.25 billion) and Rail ($200 million), it is accelerating the expansion of cross-border payment infrastructure.

RLUSD Stablecoin’s Rapid Growth

Ripple’s RLUSD stablecoin has achieved an astonishing 1,825% growth since its launch, with its market cap reaching $1.02 billion. This figure indicates Ripple’s significant position in the stablecoin market and reflects the increasing demand for global payment solutions.

Establishing Industry Leadership

Positive evaluations from major industry supporters highlight Brad Garlinghouse’s leadership. This support demonstrates confidence in Ripple’s technological strategy and market expansion, suggesting the continued influence of Ripple and its CEO within the cryptocurrency industry.