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XRP Price Prediction: Brad Garlinghouse Considered Shutting Down Ripple and Giving XRP to Shareholders
In 2020, Ripple CEO Brad Garlinghouse considered dissolving the company and giving XRP to shareholders, but the plan was not carried out.
Published:
Updated:
What happened
In 2020, Ripple CEO Brad Garlinghouse considered dissolving the company and giving XRP to shareholders, but the plan was not carried out.
Confirmed
Global impact / market context
The episode shows how leadership choices can influence confidence in Ripple and the price of XRP, which traders watch because the token’s value can swing sharply on news.
Analyst inference
XRP is currently trading near its recent level, with technical analysis pointing to a near‑term resistance zone that could cause the price to pause or reverse.
Confirmed
What to watch
- Any new statements from Garlinghouse about Ripple’s future direction, which could shift investor sentiment and XRP price. Analyst inference
- Whether XRP breaks above the identified resistance zone, a level that often triggers buying interest if surpassed. Analyst inference
- Regulatory developments affecting Ripple’s legal standing, where “regulatory” means rules set by governments that can change the token’s market access. Analyst inference
Affected assets
- XRP — XRP