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Reading: Ripple CEO Brad Garlinghouse Declares XRP as Company’s North Star
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Ripple CEO Brad Garlinghouse Declares XRP as Company’s North Star

News Desk
Last updated: April 29, 2026 10:18 am
News Desk
Published: April 29, 2026
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XRP Is Ripples North Star.webp

In a notable endorsement of Ripple’s ongoing strategy, CEO Brad Garlinghouse reiterated the significance of XRP, stating it as the company’s “North Star.” His comments coincide with those of Reddit co-founder Alexis Ohanian, who emphasized that a CEO must consistently communicate their company’s core vision to ensure alignment within expanding teams. Ohanian pointed out the difficulty of maintaining this focus amid the various challenges that arise as companies grow.

Garlinghouse’s assertion that “100% All roads lead back to Ripple’s North Star, XRP,” underlines the centrality of XRP in Ripple’s approach to transforming cross-border payments and advancing the development of the XRP Ledger (XRPL). This commitment comes amidst Ripple’s efforts to promote the adoption of its digital assets, focusing significantly on real-world utility through partnerships with financial institutions worldwide.

The Ripple CEO’s statement also arrives at a time when he has been recognized for his contributions to the field. Recently, he received the Business Leader of the Year 2026 award from the Harvard Business School Association of Northern California, attributed to his vision for the future of global finance and his advocacy for clarity in the digital asset space.

In the wake of Garlinghouse’s optimistic outlook, XRP witnessed a positive price movement. Reports indicated that XRP whale flow has turned favorable, contributing to a nearly 2% price increase within hours, bringing the cryptocurrency to a trading price of approximately $1.39. Notably, the XRP Scarcity Index on Binance indicates a significant reduction in the available supply of XRP on the exchange.

As of the latest figures, XRP traded within a 24-hour range of $1.37 to $1.40. However, trading volume experienced a decrease of 6%, as traders anticipated the Federal Reserve’s upcoming rate decision. The expectation is that the Fed may choose to maintain current interest rates following the FOMC meeting.

Additionally, developments on the XRPL are noteworthy, with real-world assets (RWAs) showing considerable growth. Evernorth Holdings, a treasury company, reported that the value of tokenized U.S. treasuries on the XRPL has surpassed $418 million.

Data from CoinGlass also revealed a positive sentiment in the derivatives market, with XRP futures open interest rising by 1.66% to reach $2.52 billion over the past 24 hours. Open interest for XRP futures on platforms like CME and Binance increased by more than 2.40% and 0.49%, respectively, suggesting bullish sentiment among traders in the derivatives landscape.

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