XRP Price Falls 22% Since Garlinghouse’s “Never Give Up” Pledge: What Is Ripple’s Plan?

Résumé détaillé

The Ripple XRP token fell to $1.0216 on Binance on Thursday, November 12, its lowest price since August, even as Ripple CEO Brad Garlinghouse has spent two weeks telling holders…

The Ripple XRP token fell to $1.0216 on Binance on Thursday, November 12, its lowest price since August, even as Ripple CEO Brad Garlinghouse has spent two weeks telling holders that XRP remains the company’s “north star”.

XRP trades at $1.0355, down 2% on the day and 21% on the week. It is now 72% below its July 2025 record of $3.65.

The slide started right after Ripple’s Swell conference in New York. There, on October 28, Garlinghouse said “We will never give up on XRP”, answering holders who fear the company is moving its focus to RLUSD, its dollar stablecoin.

XRP closed that day at $1.326. Since then, it has lost 21.9%, twice Bitcoin’s 10.7% drop over the same days.

XRP is losing ground against Bitcoin too. One XRP now buys 1,425 satoshis, the smallest unit of Bitcoin, the weakest ratio since November 2024.

So what exactly has Garlinghouse promised, and what is Ripple’s plan for XRP while the price keeps sliding?

The main worry among holders is simple. RLUSD has grown fast, and some fear Ripple will push its stablecoin to banks instead of XRP. Garlinghouse has answered that three times since late October.

He also pushed back on another common claim, that Ripple controls the XRP Ledger. He said the company runs only a small single-digit share of the network’s validators, the computers that confirm transactions.

DISCOVER: XRP News: Ripple’s David Schwartz Cut His Holdings By 88% – Should Investors Worry?

Début de l'article, extrait de TradingView. Pour lire la suite, ouvrez l'article chez le média.