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XRP’s Comeback: $2.60 Reclaimed as Ripple CEO Hails Global Financial Revolution

XRP’s Comeback: $2.60 Reclaimed as Ripple CEO Hails Global Financial Revolution


Coinpaper
2025-10-13 12:16:47

XRP Surges Past $2.60 as Bullish Momentum Accelerates According to on-chain metrics provider Voice of Web3, XRP is showing renewed strength as it pushes beyond the critical $2.60 level, signaling a powerful bullish breakout that has captured the attention of traders and analysts alike. The move marks one of XRP’s strongest surges in recent weeks, reigniting optimism across the broader crypto market. The latest surge comes after a sharp sell-off that briefly drove XRP down to $2.37 before buyers swiftly absorbed the selling pressure. The forced deleveraging triggered intense volatility but effectively flushed out weak hands. Now, trading volume and derivatives data show renewed demand for long positions, with XRP’s rapid rebound above $2.60 signaling a clear shift back toward accumulation over capitulation. Technical and on-chain signals paint a cautiously optimistic picture. Reclaiming the 200-day EMA near $2.6–$2.7 would confirm a short-term rebound and set the stage for a potential push toward the $3 psychological zone. Meanwhile, rising on-chain activity and open interest suggest traders are rebuilding positions, momentum that could magnify moves once price tests key resistance. Brad Garlinghouse Declares: Blockchain and Stablecoins are Rewiring the Global Financial System At the 2025 Pantera Capital Blockchain Summit, Ripple CEO Brad Garlinghouse declared that “we’re witnessing the rewiring of the global financial system,” highlighting blockchain and stablecoins as the new backbone of global finance. His remarks signaled a clear challenge to the dominance of legacy banking rails and underscored the accelerating shift toward decentralized financial infrastructure. Garlinghouse emphasized that the next era of global finance will be defined not by legacy systems built decades ago, but by decentralized technologies that enable faster, cheaper, and more transparent transactions. He noted that while traditional financial networks remain burdened by inefficiencies, blockchain-powered systems are driving a paradigm shift toward real-time settlement and inclusive access to liquidity. Garlinghouse’s comments come as Ripple continues to expand its influence in cross-border payments, CBDC initiatives, and tokenized asset solutions. The company’s efforts to integrate with global banking systems and regulatory frameworks have positioned it as one of the key players driving blockchain adoption within institutional finance. He emphasized that stablecoins will be central to the shift toward digital money. Anchored by fiat or real-world assets, they offer the stability and scalability needed for blockchain to earn mainstream trust. This is because the real bridge between blockchain and traditional finance isn’t speculative crypto, it’s stable value on-chain. Conclusion XRP’s break above $2.60 signals more than a rebound, it reflects revived confidence in one of crypto’s most watched assets. With bullish momentum accelerating, holding this level could confirm a broader market reversal and set the stage for the next major rally. Garlinghouse’s vision underscores a pivotal shift whereby global finance is on the brink of reinvention. As blockchain and stablecoins evolve, they’re not merely speeding up transactions, they’re reshaping the very foundations of trust, efficiency, and financial inclusion.


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