Altcoin
Ripple CEO Brad Garlinghouse Drives XRP’s Global Expansion; Know How
Ripple CEO Brad Garlinghouse has been instrumental in shaping the narrative and future of XRP. According to All Things XRP, Garlinghouse is steering XRP towards a monumental breakthrough, driven by its unparalleled potential to revolutionize global payments. The CEO’s vision for Ripple’s token is centered on real-world utility, scalability, efficiency, and other unique capabilities – positioning it for unprecedented growth and adoption.
In a series of X posts, the expert referred to Brad Garlinghouse’s influential statements on XRP. Acknowledging his powerful words, the expert highlighted their significant impact on the token’s establishment as a top contender in the crypto space.
How Ripple CEO Aids XRP’s Growth? Expert Insights
According to All Things XRP, Ripple CEO Brad Garlinghouse is spearheading XRP’s increased adoption and expansion. Garlinghouse’s multiple posts and comments on the crypto’s potential have significantly influenced its global recognition.
Let’s explore Brad Garlinghouse’s words that boosted Ripple coin’s growth over the past few years, despite the prolonged Ripple vs SEC lawsuit and other regulatory hurdles.
Garlinghouse Acknowledges Ripple Coin’s Use Cases
Notably, the Ripple CEO highlighted XRP’s use cases in global payments. He also underscored the token’s potential to solve a multi-trillion-dollar problem.
According to Garlinghouse, the Ripple coin’s purpose-built design enables fast, efficient, and low-cost transactions, making it an attractive solution for high-volume payment corridors. Its speed, efficiency, and low cost position the Ripple token as a leading contender in the digital asset space. He cited, “If we continue to drive the success we’re driving, we’re driving a massive demand for XRP because we’re solving a multi-trillion dollar problem.”
What is XRP’s Advantage?
Interestingly, XRP remains unique in the vast crypto space with its key features. Being 1000 times faster and less expensive than the pioneering cryptocurrency Bitcoin, the token solidifies its position as a key player in the crypto market. This makes it an ideal solution for high-volume payment corridors. The Ripple CEO stated,
XRP was built by engineers who saw Bitcoin’s flaws, especially scalability. XRP is 1,000 times faster.
In addition, the crypto is decentralized, functional, and independent. This means that the token’s existence and performance are not dependent on Ripple. “If Ripple as a company went away, XRP would continue to trade,” noted Brad Garlinghouse.
Furthermore, the Ripple token has achieved regulatory clarity, with global regulators recognizing it as not being a security. It is noteworthy that Ripple’s coin is one of the first cryptocurrencies to be concluded as a non-security. This provides a clear path forward for its growth and adoption.
Brad Garlinghouse Remains Transparent
As pointed out by the expert, Garlinghouse remains transparent about Ripple’s business model. It relies on selling XRP to generate revenue and achieve profitability. Garlinghouse admitted, “We would not be profitable or cash flow positive without selling our XRP holdings.”
Garlinghouse has also predicted that Ripple’s token will be included in the US crypto reserve.
XRP’s Future Prospects and CEO’s Personal Stance
Significantly, the Ripple CEO remains optimistic about XRP’s future and ETF launch. While all the nine Ripple ETFs have gained the SEC’s recognition, experts believe that they will be approved before December 2025. According to him, “It’s just inevitable that [XRP] will be offered through an exchange-traded fund.”
Further, he emphasized the role of Ripple’s token in the multichain world, while also advocating for fairness across chains. He has also revealed his personal crypto holdings that include XRP, BTC, and ETH.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A renowned crypto market analyst predicted that Cardano price could hit $4 ahead despite the current broader market uncertainty. ‘ALLINCRYPTO’ has forecasted a highly bullish outlook for the crypto recently, primarily against the backdrop of historical data. However, traders and investors are left scratching their heads as the market also saw massive ADA whale dumps, with 180 million coins offloaded.
Cardano Price Eyes $4, Analyst Predicts Citing Historical Data
According to ALLINCRYPTO’s X post on April 18, Cardano price is eyeing $4 as the analyst believes history is set to repeat itself. A major bull run lies ahead as the price is completing its final cycle, per the analyst.
For context, the ALLINCRYPTO’s chart spotlights how ADA had a massive bull run as of 2020 and continued till mid-2021. Citing this past performance, the analyst revealed that a $4 price target lies ahead.
Crypto market traders and investors are left speculating if such a feat is even possible amid broader market trends. It’s also noteworthy that historical performances don’t always guarantee future performances, given the dynamic nature of digital assets.
However, another renowned analyst has joined the fray by projecting a bullish outlook for Cardano price. Analyst Ali Martinez revealed in an X post on April 18 that the crypto is consolidating within a triangle, setting the stage for a potential 30% price move. This bullish prediction has slightly tilted the scales towards the optimistic side.
ADA coin’s price currently rests at $0.6298, up nearly 2.5% over the past day. The coin’s intraday bottom and peak were recorded as $0.612 and $0.6341, respectively.
Massive Whale Dumps Usher Caution
Besides, recent whale metrics have conversely stirred up some caution among investors, underscoring rising selling pressure on the asset. According to another X post by Ali Martinez, whales took advantage of the recent ADA price upswing to offload 180 million coins in the past 5 days.
This massive selling has also hinted at declining market confidence surrounding the cryptocurrency. As a result, market watchers are slightly apprehensive regarding the bullish predictions shared by the analysts.
Besides, a Cardano price prediction by CoinGape also revealed that bears remain in control of the asset at the moment, as per the 3-month bias indicator. In turn, broader market sentiments surrounding the coin’s long-term prospects remain shrouded in an enigma.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin’s potential rally new heights.
Analysts like Ali Martinez and CRYPTOWZRD have identified critical levels for LINK, invoking the community’s attention. Let’s unveil Chainlink’s potential movements through the analyses of popular analysts.
Is Chainlink Price Ready for a Rebound?
In a detailed analysis, analyst Ali Martinez spotted key support and resistance levels for Chainlink. According to Ali’s analysis, Chainlink’s support level is established at $12.28, while $14.58 acts as a significant resistance hurdle.
With the Chainlink price breaking past its support line, which now acts as a foundation, the stage is set for a potential bullish reversal, signaling an upward trend. And, if LINK breaks past the $14.58 point, which has been a significant resistance point, further upside momentum comes into view, with potential new highs on the horizon.
Chainlink’s Next Target: Is $26 Within Reach?
According to market expert CRYPTOWZRD, Chainlink daily technical outlook is uncertain, with an indecisive close. However, the analyst highlighted that LINK is currently testing the significant $12.50 level. Given LINK’s oversold condition, its price movement is likely to follow Bitcoin’s trend.
Interestingly, as pointed out by CRYPTOWZRD, LINKBTC’s daily falling wedge formation suggests potential for an impulsive upside breakout. LINK itself is forming a daily falling wedge above its lower high trend line, indicating a possible rally towards the $16 resistance target and beyond.
Significantly, the chart presented by the expert indicates that LINK could hit $26 if it passes the resistance point. However, as per CoinGape’s Chainlink Price Prediction, LINK will reach a maximum of $15.24 in 2025.
Meanwhile, LINK’s intraday chart showed a lack of clear direction, with price movements confined to a narrow range. A breakout above $13.20 could present a trade opportunity, while a decline below $11.80 would signal a test of the main support level.
LINK Market Sentiment Analysis
In an “In/Out of the Money Around Price” analysis, Ali Martinez shared insights into the market sentiment for LINK. The analyst detailed the number of traders holding Chainlink at different price points.
At press time, Chainlink is trading at $12.81, up1.46%. Despite a 0.86% surge over the past week, LINK experienced a massive decline of 30.99% over the last month.
Notably, more addresses are holding LINK at a loss than at a profit. According to the chart, 53.06% of the holdings are “out of the money,” which means that they represent 78.24 million LINK bought at a price above the current $12.68.
At the same time, 44.63% of analyzed holdings, representing 65.81 million LINK, are ‘in the money,’ having been bought by traders at a price below $12.68. This data highlights potential support and resistance levels, with significant holdings at $12.47 and $14.19.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Lorenzo Protocol (BANK) price has defied the broader market’s recent uncertain trend by rallying 150% this Saturday. The institutional-grade asset management platform has stolen the spotlight primarily as a top CEX, Binance, unveiled a new listing for its native token. As a result, traders and investors are extensively eyeing this crypto, speculating whether the pump could sustain amid enhanced market exposure.
Lorenzo Protocol Price Bullish As Binance Futures Adds BANKUSDT Contract
At the time of reporting, BANK price traded at $0.05237, up by a staggering 150% in just a day. The cryptocurrency’s price surged from a bottom of $0.01839 intraday, in sync with Binance’s announcement.
According to an official press release by the crypto exchange on April 18, the platform’s futures trading division is adding the BANK USD-Margined perpetual contract to its stockpile of offerings. The platform’s colossal user base remains poised to enjoy up to 50x leverage while trading the asset. The timeline for this launch was set at 18:30 UTC, the same day.
Further, the top crypto exchange set the capped funding rate at +2.00%/-2.00%. Also, the same perpetual contract will be available for ‘Futures Copy’ trading, offering users enhanced opportunities to make returns.
For context, usual market sentiments about the coin’s future price action have turned highly bullish with the new offering. Traders and investors are expecting a substantial influx of funds into the token as the new listing paves the way for more investor interaction with the asset.
Now, crypto market watchers are thoroughly monitoring the token for further gains, highly optimistic amid an ongoing rally of 150% following the listing announcement. Lorenzo Protocol is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies.
Besides, it’s worth mentioning that Binance revealed another crypto listing this week, CoinGape reported. The CEX has revealed plans to open trading for Balance (EPT) shortly, garnering further attention among traders and investors.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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