Stronger

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Thing

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As the crypto market steadily progresses towards the highly anticipated bull market, <a href="https://bitcoinist.com/ripple-ceo-backs-xrp-etfs/">Brad Garlinghouse</a>, the Chief Executive Officer (CEO) of Ripple has revealed that the success of cryptocurrencies such as XRP during the market’s present <a href="https://bitcoinist.com/bitcoin-bull-market-huge-bubble/">bullish cycle </a>hinges on their real-world applications and utility.&nbsp; 
<h2 id="ripple-ceo-reveals-strategy-for-xrp-success">Ripple CEO Reveals Strategy For XRP Success</h2> 
On Monday, March 11, Garlinghouse took to X (formerly Twitter) to outline XRP’s winning strategy to success. Highlighting the significant developments within the crypto landscape that have triggered the <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-bull-run-2024-inevitable/" rel="nofollow noopener" target="_blank">upcoming 2024 bull run, </a>Garlinghouse <a href="https://x.com/bgarlinghouse/status/1767252207164940485?s=46" rel="nofollow" target="_blank">disclosed</a> the importance of utility in driving a cryptocurrency’s progress.&nbsp; 
The Ripple CEO revealed that the soaring volumes of the <a href="https://bitcoinist.com/without-spot-bitcoin-etfs-btc-down-20-founder/">Spot Bitcoin Exchange Traded Funds (ETFs)</a>&nbsp;and the anticipation of the <a href="https://www.newsbtc.com/news/bitcoin/when-is-the-next-btc-halving-date-bitcoin-halving-guide/" rel="nofollow noopener" target="_blank">Bitcoin halving event</a> have contributed to the emergence of a bullish cycle in 2024. He also underscored the crucial relationship between Bitcoin’s performance and the broader market, citing a consistent historical correlation where fluctuations in <a href="https://www.newsbtc.com/news/bitcoin-dominance-altcoin-buying-need-break/" rel="nofollow noopener" target="_blank">Bitcoin’s price </a>have significantly impacted the performance of other cryptocurrencies in the space. 
According to Garlinghouse, a cryptocurrency’s success will not only be attributed to the market’s bullish events but primarily to <a href="https://bitcoinist.com/ripple-cto-xrp-utility/">tangible real-world utility. </a>He emphasized that a cryptocurrency’s true march of progress can only be achieved by its ability to translate market enthusiasm into <a href="https://bitcoinist.com/xrp-disrupt-payments-industry/">practical applications.&nbsp;</a> 
In light of this viewpoint, <a href="https://bitcoinist.com/expert-likens-xrp-to-gold-citing-similarities/">XRP</a> distinguishes itself among prominent cryptocurrencies in the market by virtue of its exceptional utility and advanced use cases. <a href="https://www.newsbtc.com/xrp-news/german-vc-ceo-xrp-world-reserve-bridge-currency/" rel="nofollow noopener" target="_blank">Serving as a bridge currency</a>, XRP provides financial institutions a cost-effective means to facilitate exchanges between crypto and fiat currencies. Moreover, its functionality extends to <a href="https://bitcoinist.com/ripple-ceo-touts-xrps-role-in-transforming-banking/">enabling cross-border payments</a> for faster and more efficient payment solutions.&nbsp; 
Supporting Garlinghouse’s opinions, an XRP advocate and crypto analyst, identified as “JackTheRippler” on X, <a href="https://x.com/ripplexrpie/status/1767255179911417916?s=46" rel="nofollow" target="_blank">affirmed</a> XRP’s substantial utility, indicating that the cryptocurrency might emerge as the next Bitcoin should utility be the primary driver of a digital currency’s success in the market.&nbsp;&nbsp; 
<h2 id="xrp-price-fundamentals-grows-stronger">XRP Price Fundamentals Grows Stronger</h2> 
After years of <a href="https://bitcoinist.com/crypto-expert-xrp-price-suppressed/">stagnant price growth</a>, XRP is finally <a href="https://bitcoinist.com/xrp-price-face-melting-rally/">emerging from bearish trends</a> into what could become a long-term bullish trend to new all-time highs. Potentially attributed to the present bull market frenzy and Bitcoin’s rise to new all-time highs, <a href="https://www.newsbtc.com/analysis/xrp/94-million-xrp-exits-binance/" rel="nofollow noopener" target="_blank">XRP’s price</a> has been witnessing significant price increases recently. 
Earlier in 2023, Garlinghouse was asked in a Bloomberg interview whether he views <a href="https://bitcoinist.com/ripple-ceo-xrp-bitcoin/">XRP as the next Bitcoin</a>. Responding to the query, the Ripple CEO revealed that by working with the system to solve real problems, Ripple could unlock a significant amount of opportunities to create value in XRP.&nbsp;According to Ripple’s CEO, XRP is at the core of what Ripple intends to accomplish. 
The cryptocurrency has been <a href="https://www.newsbtc.com/analysis/xrp/dont-miss-out-xrp-bull-flag-signals-explosive-price-movement/" rel="nofollow noopener" target="_blank">experiencing a steady rise in its value</a>, with its price trading at $0.69 at the time of writing, reflecting a 12.66% increase over the last seven days, according to CoinMarketCap. 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/PR7x6svr/" alt="XRP price chart from Tradingview.com (Ripple CEO)" width="3286" height="1530">

Ripple CEO Reveals The Only Thing That Can Guarantee Success For XRP

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Bitcoinist

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