Ripple CEO Favors “On XRP” As Token Climbs 5%

• Brad Garlinghouse sided with the community in the “on XRP” vs “on XRPL” debate, saying the simpler phrasing just works better for headlines and users.
• XRP rose 5% to about $2.39 even as volume fell 40%, helped by Ripple’s $500 million raise at a $40 billion valuation and RLUSD crossing $1 billion.
• XRP is still capped below $2.69 resistance; a breakout opens $3.05 to $3.42, while losing $2.22 risks a slide back to $2.00.

Ripple CEO Brad Garlinghouse jumped into an XRP community debate on X over how to describe activity on the XRP Ledger and backed the cleaner “on XRP” phrasing. 

He acknowledged that while “on XRPL” is the technically correct term, “on XRP” sounds better, reads better and matches how the community, developers and headline writers already talk about the network.

Related: XRP Holds Bullish Structure Above $1.94 As Analyst Maps $10 ‘Micro Wick’ And $50 ‘Macro Wick’ 

Community commentator Krippenreiter summarized it well, calling XRP Ledger the “best of both worlds,” where the phrase “on XRP” fits naturally in headlines while still connecting to the ledger’s technical foundation.

XRP Price Jumps 5% Amid Broader Market Activity

Amid the viral exchange, XRP surged nearly 5% in the past 24 hours to hit a daily high of $2.39, though trading volume dropped by 40%, indicating a short-term cooldown phase.

The rally came as investors digested major Ripple developments, including a $500 million funding round that lifted the company’s valuation to $40 billion. The round was led by Fortress Investment Group, Citadel Securities, Pantera Capital, and Galaxy Digital.

Also, at its recent Swell 2025 event, Ripple announced a partnership with Mastercard, WebBank, and Gemini to test settlement of fiat credit card transactions using its USD-pegged stablecoin RLUSD, which recently surpassed $1 billion in market cap.

The $1 billion mark makes RLUSD one of the fastest-growing stablecoins in the industry, achieving a 1,278% YTD growth.

XRP Price Analysis: Consolidation Under Key Resistance

The XRP daily chart shows the token moving within a descending channel, capped by resistance near $2.69 and supported around $2.22. Bollinger Bands are tightening.

The RSI hovers at 41.05, reflecting mild bearish pressure while the Accumulation/Distribution indicator suggests steady buying interest at current levels, while the MACD line inches toward convergence.

If XRP closes above the descending resistance trendline near $2.69, a bullish breakout could propel prices toward $3.05 and eventually $3.42. Conversely, failure to hold the $2.22 support could trigger a correction toward $2 or even $1.87.

Related: XRP Price Prediction: Rising Open Interest Signals Volatile Days Ahead for XRP