- Ripple CEO made claims of being ‘anti-bitcoin’.
- The unique address activity of XRP jumped with 6x, which strengthened strong market interests.
For the first time, Ripple [XRP] CEO Brad Garlinghouse has publicly refuted recent claims that suggested that he was against Bitcoin. On the sidelines of the Digital Asset Summit of The Blockworks in New York, Garlinghouse stated”
“I don’t think I’ve ever tried to have been anti-bitcoin.”
The director clarified that his earlier remark about ‘Bitcoin controlled by China’ was linked to the dominance of the country in BTC mining at that time.
However, he noted that it was ‘no longer the case’ and ‘good’ for the industry.
Yet he gave Ripple’s ‘anti-bitcoin’ ” ‘wrong information’ the fault and ‘disinformation’ on BTC Maxis.
XRP vs. BTC
Part of the claims come forward From internal e -mail reports that reportedly indicated Ripple’s attitude on ‘Bitcoin that is control by China’.
Source: X
Moreover, some influential Bitcoin investors, including Jack Mallers from Strike, are public stated That Ripple tried to undermine the American strategic Bitcoin reserve.
In his defense, Garlinghouse made his critics, and stated”
“Maximalism remains the enemy of Crypto preface, and I am very happy to see that fewer and fewer people attribute to this outdated and incorrectly informed thinking.”
In a separate Bloomberg interview, Garlinghouse projected That place XRP ETFs would be ‘live’ in the second half of 2025. From this letter, forecast site polymarket priced A chance of 82% of XRP ETF approval this year.
Source: XRP/BTC, TradingView
That said, XRP was one of the top altcoins that still kept his election profits after the US. It had risen 380% since the rise last November.
Compared to BTC, it was 288% against the King Coin. Simply put, XRP investors performed BTC opposite hits in the same period.
Although the XRP/BTC ratio was on its multi-year channel range and resistance, XRP still showed a bullish prospect.
Source: Santiment
The recent price increase of XRP was per santiment agreed to meet Due to massive accumulation and 6x unique addresses made in March.
“Wallets with at least 1 m $ XRP now have 46.4b coins, because they have collected 6.5% more in the last 2 months alone.”
Simply put, holders expected an extra rally for XRP. At the time of writing, the Altcoin was appreciated at $ 2.48 and was still formed in a downward trend last December.
Source: XRP/USDT, TradingView