Jakarta, Pintu News – Ripple CEO, Brad Garlinghouse, recently surprised the Ripple community with a major announcement.
Through a post on X, Garlinghouse expressed his “1000%” commitment to the future of Ripple (XRP), which not only boosted the spirit of the community but also attracted widespread attention due to the tattoo he was sporting.
The tattoo, which features a planetary motif and the Ripple (XRP) logo, symbolizes an important legal victory on July 13, 2023.
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Garlinghouse’s bold tattoo is not just a decoration, but a powerful statement of his belief in Ripple (XRP). The tattoo was unveiled to coincide with Judge Analisa Torres’ landmark ruling that Ripple (XRP) secondary sales do not constitute securities.
This is an important moment for Ripple (XRP) as it marks a significant legal victory against the SEC. The tattoo also caught the attention of Ripple (XRP) influencer Digital Asset Buy, who emphasized that the decision of someone with an MBA from Harvard to get a tattoo in their 50s is not an impulsive one.
This shows Garlinghouse’s unwavering support and full commitment to Ripple (XRP). This courage is considered a symbol of resilience amidst the uncertainty of the crypto market.
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Amid strategic changes, Ripple decided not to proceed with its cross-appeal in the case with the SEC, which is likely to be followed by a similar move from the SEC. This marks the likely end of a legal battle that has been ongoing for several years.
This decision not only reduces legal uncertainty but also strengthens Ripple’s (XRP) position in the market. Meanwhile, the price of Ripple (XRP) remained stable at $2.18, showing a slight decline of 0.5% in the last 24 hours.
Despite a nearly 48% drop in trading volume, Ripple (XRP) is still holding its own as the number four crypto by market capitalization, which stands at $128.93 billion. This stability shows investor confidence in the future of Ripple (XRP).
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Besides focusing on legal improvements, Garlinghouse is also committed to the development of Ripple (XRP) technology. With the launch of the Ripple Ledger software update version 2.5.0, Ripple (XRP) is now competing with Ethereum and Solana in terms of technological innovation.
The update is expected to increase Ripple (XRP) transactions and usability across multiple platforms. These improvements have already borne fruit, with Ripple (XRP) transaction volume increasing and the number of daily addresses jumping sevenfold in June.
In addition, the odds for a Ripple (XRP) ETF have increased to 95%, supported by impressive fundamentals. Canada has even approved three ETFs based on Ripple (XRP), signaling wider acceptance in the global market.
With a tattoo that symbolizes both personal and professional commitment, Brad Garlinghouse has shown that for him, Ripple (XRP) is not just an asset, but also part of his identity. This commitment not only strengthens the community’s trust but also marks a new era for Ripple (XRP) in the global crypto ecosystem.
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