Ripple’s CEO is looking at a $1T valuation, arguing that XRP’s focused growth, mergers, and acquisitions could push XRP into the low to mid-single digits for the long term.
Summary
- Garlinghouse says Ripple could be a $1T crypto company if it uses XRP at the core of its strategy and ecosystem.
- Ripple’s recent deals in brokerage, treasury, stablecoins, and wallets aim to build a unified business stack around XRP and the XRP Ledger by 2026.
- If this roadmap works, analysts see XRP grinding in the 22–33 range in the next cycle, with some long-range models projecting double-digit prices by 2030.
Ripple CEO Brad Garlinghouse said the company aims to achieve a $1 trillion valuation by focusing on the long-term growth of XRP instead of responding to short-term market volatility, according to remarks at the XRP Community Day on X.
Garlinghouse told fans that the San Francisco-based technology company needs to build relationships with the broader XRP ecosystem to reach the milestone of billions of dollars, which he believes the cryptocurrency industry will eventually generate, similar to major tech companies like Apple, Nvidia, and Alphabet.
The company is currently valued at around $40 billion after raising $500 million from major financial firms including Citadel Securities and Fortress Investment Group. Reaching the $1 trillion target will require 25-fold growth from current levels.
Garlinghouse has urged XRP (XRP) owners to focus on long-term goals despite the recent decline in cryptocurrency prices, warning against paying too much attention to short-term price movements.
The CEO explained Ripple’s latest acquisition strategy to strengthen its financial services business and corporate offerings. The company acquired prime brokerage Hidden Road for $1.25 billion, bought wealth management firm GTreasury for $1 billion, spent $200 million on stablecoin firm Rail, and acquired wallet provider Palisade to provide businesses with digital asset storage and management solutions.
According to Garlinghouse, the company plans to integrate these acquisitions and services by 2026 to operate as a single entity. He indicated that current priorities involve improving existing products rather than pursuing more acquisitions, although the company may resume profitability in the second half of the year if opportunities arise.
Garlinghouse emphasized that Ripple’s mission remains focused on XRP, describing the digital asset as the company’s “north star.” He said the company’s mission is focused on ensuring the success of XRP and the XRP Ledger ecosystem, with all product development in line with this primary goal.
