Garlinghouse: XRP Value Driven by Demand, Usefulness, Liquidity
Ripple CEO Brad Garlinghouse emphasized that XRP's value is driven by demand, usefulness, and liquidity during the Faena Forum event. He argued that supply and demand are the primary factors influencing digital asset prices.
Garlinghouse pointed to a fixed XRP supply as an important factor in its price movement. He also highlighted Ripple's focus on building trust, utility, and liquidity for XRP.
The CEO explained that increased adoption by institutions drives greater demand for XRP. He emphasized the importance of liquidity during financial stress, stating that assets with low liquidity become less attractive to holders.