Brad Garlinghouse, CEO of Ripple, did just that male And he is "excited" about 2025.
"Excited for next year! The growing momentum and focus on real-world utility continues to build," he said on social media earlier today.
Big Ripple 2024
It is worth noting that 2024 was a historic year for Ripple despite the company's legal battle with the Securities and Exchange Commission.
In February, it announced the acquisition of Standard Custody for a highly sought-after US charter.
In April, Ripple announced its entry into the stablecoin sector, aiming to break away from the market dominance enjoyed by major players like Tether and Circe.
In November, the company scored a victory after chairing the Securities and Exchange Commission Gary Genslerthe cryptocurrency industry's biggest enemy, announced its resignation.
Ripple's XRP coin started making headlines after its price skyrocketed that month.
Following the massive rise of XRP, Ripple co-founder Chris Larsen reportedly added more than $6 billion to his net worth in the last quarter of the year.
In December, the company officially launched the RLUSD stablecoin after months of anticipation.
XRP is upending Tether (USDT) again
Meanwhile, Ripple's XRP token has now surpassed the leading stablecoin USDT in terms of market cap.
The token's market cap currently stands at $137 billion after XRP saw a double-digit rise on the first day of the year.
like Reported by U. TodayXRP made massive gains alongside Stellar (XLM).
In 2025, the currency is likely to benefit from catalysts such as the potential approval of spot ETFs and a friendlier regulatory environment.
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