Major Wall Street Firm Dumps Bitcoin ETFs
Analysis
Price Impact
MedWhile the news highlights the inherent strengths of the xrp ledger in terms of speed, cost, and scale, and a positive outlook on tradfi integration, it doesn't directly correlate to immediate price action. the comments from ripple's cto are more about the long-term vision and utility, which might not cause a significant short-term price swing.
Trustworthiness
HighPrice Direction
BullishThe emphasis on utility, speed, low cost, and the increasing involvement of tradfi suggests a positive long-term outlook for xrp. the comparison to bitcoin's early contributors and the focus on infrastructure over speculation indicates a maturing market where utility-driven assets like xrp are likely to perform well.
Time Effect
LongThe discussion revolves around the foundational strengths and strategic positioning of xrp within the evolving digital asset and traditional finance landscape. these are factors that will likely influence price over a longer horizon rather than immediate fluctuations.
Original Article:
Article Content:
Cover image via U.Today Speed, cost, and scale Focusing on utility Advertisement Ripple chief technology officer Brad Garlinghouse recently took to the X social media network to share some key advantages of the XRP Ledger (XRPL). He has noted that the architects behind XRPL, many of whom were early contributors to Bitcoin, designed the ledger specifically to solve some inefficiencies that have plagued the global payment industry. Speed, cost, and scale According to Garlinghouse, XRP's main advantage is that it is incredibly efficient for moving value. Transactions on the ledger can be settled within just 3 to 5 seconds. HOT Stories Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review Schwartz: Ripple Doesn't Control Consensus The cost of these transactions is remarkably low. They typically penny or fractions of a cent. Advertisement The network has now completed 4 billion transactions to date, which speaks volumes about its robustness. You Might Also Like Wed, 05/13/2026 - 20:10 Ripple CLO: 67 Million People Need Clear Crypto Rules By Alex Dovbnya Garlinghouse has also stressed the importance of the "XRP family" (the extremely passionate community behind the token). The enthusiasm of the community behind the project has provided the community foundation necessary for the blockchain's longevity. Advertisement To sum up, the combination of speed, cost-efficiency, and community support helps XRP to stand out amid a plethora of other altcoins that have flooded the market and maintain its position in the top 10. Focusing on utility Garlinghouse also shared his take on the relationship between traditional finance (TradFi) and the digital asset industry during a high-level panel with leaders from Binance and Solana. He observed that "TradFi is coming for crypto in a really positive way." The Ripple boss has recalled recent moves by institutions like Morgan Stanley to undercut competition on pricing for crypto services. Garlinghouse has argued that the industry must move beyond its early reputational hurdles, such as the collapses of FTX and Terra Luna. Now, it has to focus on offering utility. He noted that "we can't just be an industry that is about speculation or certainly not meme coins." Garlinghouse has explained that the current "crypto summer" is increasingly defined by infrastructure rather than hype. According to Garlinghouse, "the winners are going to be the ones who own underlying infrastructure." #Ripple News #XRP News #Brad Garlinghouse