Ripple Labs CEO Brad Garlinghouse thinks 2021 is the best year for XRP even though it is still in the process of a lawsuit hearing by the Securities and Exchange Commission (SEC).
The share was uploaded to the social media platform Twitter yesterday:
One year ago today, the @SECgov filed a lawsuit against @Ripple, @chrislarsenSF and me, alleging that XRP - a public crypto that has been trading on the open market since 2013 - should have been registered as a security. 1/10
- Brad Garlinghouse (@bgarlinghouse) December 22, 2021
For the record, ruling on December 23, 2021, it is a full year since Ripple's case was tried on charges of selling non -securities assets.
On that date, the SEC had filed a lawsuit against Garlinghouse, Ripple co -founder Chris Larsen, as well as Ripple Labs.
While the SEC’s actions are seen to threaten the entire crypto market, the opposite is true when trust in crypto recorded remarkable growth:
2021 has been a watershed year for crypto. Acceptance and awareness of the opportunity to bring billions of people into the global financial community has never been so clear. It’s been incredible to see a lot less ‘maximalism’, and many more builders joining the industry. 3/10
- Brad Garlinghouse (@bgarlinghouse) December 22, 2021
Not only that, Garlinghouse is also proud to list Ripple’s achievements throughout 2021.
For example: launch of liquidity hub, launch of new On-Demand Liquidity (ODL) corridor along with central bank digital currency (CBDC) solution, collaboration with payment company Tranglo (MY), integration with Qatar National Bank (QNB), and collaborated with Bhutan for CBDC testing.
At the time of writing, XRP is trading at $ 0.98, up 0.45% in 24 hours.
While the XRP movement is still far from the all -time high (ATH), $ 3.84 recorded on January 4, 2018, the asset has jumped over 64% since its lowest decline, $ 0.60 on December 4, 2021.
