Ripple: XRP non-securities ruling sparks discussion, whales buy on dips, corporate investment accelerates layout

Ripple CEO Brad Garlinghouse criticized the "60 Minutes" program for omitting the significant event of a federal judge ruling that XRP is not a security on the X platform on December 10th. He revealed that he had a 90-minute interview with the program team and discussed in depth the US SEC's lawsuit against Ripple. However, the program did not mention this far-reaching ruling for Ripple and the cryptocurrency market. Garlinghouse emphasized that Ripple has used XRP to process billions of dollars in KYC transactions for institutional clients, significantly improving the efficiency of cross-border fund transfers. He also pointed out that the criticism that cryptocurrency is useless is similar to the opposition in the early days of the Internet, and the future mainstreaming is unstoppable.

 

At the same time, the market's confidence in XRP continues to rise. According to on-chain analysts ali_charts monitoring, when XRP fell from $2.90 to $2.22, whales bought on dips, accumulating more than 120 million XRP, with a total value of $288 million, showing a long-term bullish view of XRP.

 

In addition, the interest of institutional investors is also growing rapidly. According to CoinDesk's report on December 5th, NASDAQ Listed Company Worksport announced that it will allocate 10% of its cash reserves to Bitcoin and XRP, with an investment amount of up to $5 million. CEO Steven Rossi stated that the stability and decentralization of XRP make it a unique investment choice. This layout reflects the company's strategic thinking to cope with inflationary pressures and improve transaction efficiency.

 

From regulatory breakthroughs to institutional adoption, and then to whale's large-scale increase in holdings, XRP is consolidating its market position under multiple positive drivers, laying a solid foundation for future development.