Ripple CEO Highlights Payment Flaws as XRP Targets $2

Ripple CEO Brad Garlinghouse recently criticized the outdated state of global finance. He pointed to a report about the Central Bank of the Netherlands spending months moving 86 metric tons of gold between New York and London. Garlinghouse noted that most of the gold never physically moved, as it was simply sold in one city and bought in another. He argued that this traditional process proves that settlement infrastructure has not kept up with modern technology.

This narrative comes as XRP shows strength on the charts. The price is currently holding steady above support levels between $1.32 and $1.38. Traders are watching the resistance levels at $1.43 and $1.45 closely. If the coin can break through these points with enough volume, analysts suggest the price could head toward the $1.68 range or even reach $2.00.

While the gold story highlights the utility of Ripple, the market remains cautious. A failure to hold the current support at $1.32 could pull the price back toward $1.25. Investors are now watching for institutional signals and overall market volume to see if XRP has enough momentum to maintain its current rally toward the $2 milestone.