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Analyst: Ripple CEO's comments indicate that XRP may skyrocket

2026-08-19 01:02:51
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The digital asset custody market will be valued at US$450 million in 2022, and analysts expect it to grow to US$10 trillion by 2030. Cryptocurrency commentator XRP Avenger (@XRP_Avengers) recently shared an old video in which Ripple CEO Brad Garinhaus discusses market gaps and their impact on Ripple's strategy.

Galinghaus pointed out that the digital asset custody market is moving towards reaching US$10 trillion by the end of this decade. He believes that as the market size expands, institutions will need secure storage, reliable transfer infrastructure, convenient access to and from fiat currencies, and tokenization capabilities. Ripple is comprehensively deploying these areas.

Brad Garlinhaus predicts that by 2030, the digital asset custody market will exceed US$10 trillion.$ The price of XRP may skyrocket The global digital asset custody market will be US$450 million in 2022. - XRP Avengers(@XRP_Avengers) August 16, 2026

Custody, Transfer and Central Bank Digital Currency

In the video, Galinghaus explains the three pillars of Ripple's strategy: custody, transfer infrastructure, and tokenization engine-the latter covers Ripple's work in the central bank's digital currency field.

He recalled a critical moment in Ripple's early development. One of the world's top 10 banks (already a Ripple customer) asked the company if it could provide custody services. At the time, Ripple was unable to meet this need. The acquisition of Metaco changed that.

Garlinhouse said they were then able to return to the customer and offer "first-class" hosting products. This synergy is the core selling point. Existing Ripple customers already trust its payment infrastructure, and the addition of managed services has further expanded Ripple's product range, eliminating the need for customers to establish other partnerships.

Community Reaction

Netizens responded to XRP Avenger's posts with mixed reactions. Some commentators pointed out that the trading price of XRP has been hovering around US$1 for a long time, jokingly calling it a "stablecoin." Many market participants are frustrated by this-although Ripple seems to be going well, XRP prices do not reflect these major benefits.

Others question whether XRP Avenger's price forecast has ever been accurate. Although there is no clear price target, analysts are facing increasing criticism over XRP's continued sluggish performance and their bullish stance.

What this means for XRP

XRP is at the center of Ripple's payments and liquidity operations. As Ripple's product line expands into custody and tokenization, XRP's role in coordinating transfers between these systems has become increasingly prominent.

Although the video is old, Galinhaus's views are still of reference value to this day. A US$10 trillion custody market is inseparable from settlement infrastructure. Ripple is building this infrastructure, while XRP provides the liquidity layer.

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