Ripple CEO Brad Garlinghouse is looking ahead to 2025 with a sense of optimism. He has expressed his excitement regarding the company’s advancements and its commitment to developing practical applications for blockchain technology. As he reflects on Ripple’s transformative 2024, it’s clear that the momentum built over the past year has positioned the company well for the future.
The year 2024 proved to be pivotal for Ripple, marked by significant milestones that fortified its standing in the crypto industry. One of the key moments came early in the year when the company acquired Standard Custody, thereby securing a U.S. charter and expanding its regulatory footprint. By mid-year, Ripple was making waves in the stablecoin sector, effectively challenging major players like Tether and Circle.
A standout moment for Ripple occurred in November when the resignation of SEC Chair Gary Gensler, who had long been critical of the crypto industry, was seen as a triumph by many. This change in leadership sparked renewed confidence across the board. Additionally, Ripple celebrated a notable rally for XRP, which significantly enriched co-founder Chris Larsen.
December was a crowning moment for Ripple as they officially launched their RLUSD stablecoin, a highly anticipated addition that excited the market. As a result of these developments, XRP started 2025 on a strong note, surpassing Tether’s USDT in market capitalization with a remarkable value of $137 billion, thanks to a substantial price surge.
Looking forward, Ripple appears poised for further success. XRP stands to benefit from crucial developments on the horizon, such as the potential approval of spot ETFs and a more supportive regulatory environment. Both factors set the stage for ongoing growth and innovation.
The potential for tremendous progress in 2025 is evident, and Ripple’s journey illustrates the incredible transformations possible within the crypto landscape. The coming years may indeed hold promising prospects for all participants in this dynamic field.
