Ripple’s XRP Gains Momentum: CEO’s Optimism & New Futures Listing

• Brad Garlinghouse believes there is much opportunity to create value in XRP.
• JackTheRippler linked XRP’s projected growth with the potential development of CTF.
• The influencer believes XRP’s price could skyrocket to a staggering $748.50.

Ripple CEO Brad Garlinghouse sees significant value in XRP, sparking optimism among investors. Crypto influencer JackTheRippler affirmed this notion and thinks this affirms the notion; XRP is the next Bitcoin.

During a recent Bloomberg interview, Garlinghouse drew comparisons between Ripple and Bitcoin, noting that XRP is at the core of Ripple’s plans. He also stated that Ripple has always worked with regulators and institutions like banks where there are no regulatory uncertainties, linking XRP’s impressive performance with people realizing there is a lot of opportunity to create value in the altcoin.

In a recent post on X, JackTheRippler linked XRP’s projected growth with the potential development of the Crypto Trading Fund (CTF), a blockchain-powered rewards system with passive income generation on the XRP Ledger (XRPL). According to the influencer, XRP’s price could skyrocket to $748.50 if CTF achieves half its market cap. For context, that would mean a reward of nearly $1 million for every $1,000 investment.

JackTheRippler also highlighted the possibility of XRP achieving this feat by citing Solana’s performance during the last bull cycle. He noted Solana performed so well despite having a circulating supply of 500 million compared with CFT’s 120 million circulating supply. According to him, the CFT token is a goldmine awaiting discovery.

Meanwhile, the U.S.-based crypto exchange BITNOMIAL recently announced listing XRP-U.S. dollar futures (XUS) under U.S. CFTC regulations. In an August 9 filing, the crypto exchange informed the commission of its intention to launch XUS trading on its platform on August 13. It described the XUS contract as a physically settled, margined futures contract based on the price of 100,000 XRP.