Arthur Britto, a key figure in the creation of the XRP Ledger and one of Ripple's co-founders, has resurfaced on social media after a 14-year hiatus. His recent post on X (formerly Twitter), which contained just a single emoji, has ignited excitement within the XRP community, further confirmed by Ripple’s CTO, David Schwartz, as genuine. Britto is recognized as one of the original architects of the XRP Ledger, alongside David Schwartz and Jed McCaleb. While McCaleb moved on to develop Stellar and Schwartz took on his role at Ripple, Britto has maintained a low public profile despite being linked to ambitious statements including XRP's potential to reach $10,000. This assertion reportedly stemmed from a 2019 YouTube video recalling predictions made as early as 2017, outlining a vision for a comprehensive global network. In 2013, Britto emphasized the primary focus should not be on the price of XRP but rather its utility within the network, stating, "The value of XRP is probably less important than the spread." Over the years, the XRP Ledger has transformed into a multifaceted platform supporting smart contracts, central bank digital currencies (CBDCs), and stablecoins, along with applications in DeFi and NFTs. Britto's appearance coincides with an unprecedented surge in activity on the XRP Ledger, which reported 1.5 million transactions in just 24 hours—the highest in four months. This increase comes amidst other major signals, such as rising on-chain activity, speculation of a Ripple IPO, and regulatory changes allowing banks greater access to digital assets like XRP. These influential dynamics suggest significant developments may be on the horizon, potentially involving technological enhancements or new partnerships aligning with expanding institutional interest.
Ripple's Co-Founder Arthur Britto Returns After 14 Years, XRP Community Reacts
Arthur Britto, Ripple co-founder, made a rare post on social media after 14 years, energizing the XRP community along with rising transaction volumes on the XRP Ledger.
Jamie Bennett
Crypto Analyst
6 min read
20,591
Analysis
Market Sentiment
Bearish
Neutral
Bullish
News Impact
8/10
Credibility: 9/10
Trading Recommendation
XRP
XRP
BUY
Entry Price
$0.55
Confidence
850%
Stop Loss
$0.5
Take Profit
$0.65 - $0.75
Positive developments in the XRP ecosystem, including high transaction volume and notable news from a co-founder suggest bullish momentum.
