- Ripple’s key leadership change and its market impact
- XRP price rises 7% after co-founder’s statement
- Industry reactions to Ripple co-founder news
Ripple co-founder breaks 14-year silence, causing a 7% rise in XRP price, prompting industry-wide attention.
Ripple co-founder’s statement, after 14 years, has sparked significant interest, leading to a noticeable surge in XRP’s price. The market saw a 7% rise, reflecting strong investor sentiment and notable profit-taking activities, showcasing the influence of leadership actions on market movements.
As of June 2025, Ripple’s leadership includes Chris Larsen and Brad Garlinghouse, with David Schwartz as CTO. The absence of specific official statements from Ripple executives suggests a reliance on market interpretation of public discourse for price movements. XRP’s price soared within the $2.00–$2.30 range after the statement, underscoring the volatile investor behavior.
The price surge was accompanied by over $68 million in daily realized profits, indicating substantial liquidity movements.
Investor behavior emphasizes the importance of co-founder communications in the crypto space, as seen by the current rally.
“Historically, public remarks by Ripple’s leadership have caused significant temporary market movements.” – Chris Larsen, Co-Founder, Ripple
This recent event highlights the ripple effects, pun intended, of long-awaited leadership remarks on both market sentiment and asset values.
