XRP News Today: Should Ripple Pump XRP To $20? Open Letter To Brad Garlinghouse Divides Holders
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An open letter posted on X to Ripple CEO Brad Garlinghouse and CTO Emeritus David Schwartz has ignited debate in the XRP community over whether the company owes anything to XRP holders, with some arguing Ripple should push the token toward $20. The letter, written by an XRP holder, questions Ripple's responsibilities to retail investors who have held the token through its prolonged SEC lawsuit and years of price stagnation. The dispute highlights a persistent tension in the XRP ecosystem between those who view Ripple as a steward of the token's price and those who see XRP as a decentralized asset independent of the company. The debate comes as XRP holders weigh Ripple's ongoing escrow releases, institutional partnerships, and regulatory clarity following the SEC case's resolution. Market participants should watch whether Ripple executives respond publicly, as well as any shifts in community sentiment that could influence XRP trading activity and volatility.
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Named in this story
XRP (XRP), Ripple (XRP), Brad Garlinghouse, David Schwartz
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