{"id":250761,"date":"2026-11-12T14:44:55","date_gmt":"2026-11-12T14:44:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=250761"},"modified":"2026-11-12T14:44:55","modified_gmt":"2026-11-12T14:44:55","slug":"xrp-price-falls-22-since-garlinghouses-never-give-up-pledge-what-is-ripples-plan","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=250761","title":{"rendered":"XRP Price Falls 22% Since Garlinghouse\u2019s \u201cNever Give Up\u201d Pledge: What Is Ripple\u2019s Plan?"},"content":{"rendered":"

The Ripple XRP token fell to $1.0216 on Binance on Thursday, November 12, its lowest price since August, even as Ripple CEO Brad Garlinghouse has spent two weeks telling holders that XRP remains the company\u2019s \u201cnorth star\u201d.<\/p>\n

XRP trades at $1.0355, down 2% on the day and 21% on the week. It is now 72% below its July 2025 record of $3.65.<\/p>\n

The slide started right after Ripple\u2019s Swell conference in New York. There, on October 28, Garlinghouse said \u201cWe will never give up on XRP\u201d, answering holders who fear the company is moving its focus to RLUSD, its dollar stablecoin.<\/p>\n

XRP closed that day at $1.326. Since then, it has lost 21.9%, twice Bitcoin\u2019s 10.7% drop over the same days.<\/p>\n

JUST IN: Ripple’s $XRP<\/a> Ledger moves closer to institutional lending launch, paving the way for banks to borrow, lend and generate yield on digital assets \u2013 a major step toward transforming XRPL into a full-scale financial infrastructure network. pic.twitter.com\/nPtVt8D3Q7<\/a><\/p>\n

\u2014 Whale Insider (@WhaleInsider) November 12, 2026<\/a><\/p>\n\n

XRP is losing ground against Bitcoin too. One XRP now buys 1,425 satoshis, the smallest unit of Bitcoin, the weakest ratio since November 2024.<\/p>\n

So what exactly has Garlinghouse promised, and what is Ripple\u2019s plan for XRP while the price keeps sliding?<\/p>\n

Garlinghouse: RLUSD \u201cIsn\u2019t Competing With XRP\u201d<\/h2>\n

The main worry among holders is simple. RLUSD has grown fast, and some fear Ripple will push its stablecoin to banks instead of XRP. Garlinghouse has answered that three times since late October.<\/p>\n

October 28, Swell:<\/strong> \u201cWe will never give up on XRP,\u201d he said on stage. He called XRP and RLUSD \u201cvery complementary\u201d and said Ripple \u201cwill never do something we think is bad for the XRP ecosystem.\u201d
\nNovember 3, on X:<\/strong> \u201cRLUSD isn\u2019t competing with XRP. It\u2019s competing with other stablecoins,\u201d he wrote. \u201cUse case matters, and I want those use cases running on the XRPL.\u201d
\nNovember 4, interview:<\/strong> He said XRP is what Ripple calls \u201cinternally our north star\u201d and added: \u201cWe only want to do things that are good for XRP.\u201d<\/p>\n

He also pushed back on another common claim, that Ripple controls the XRP Ledger. He said the company runs only a small single-digit share of the network\u2019s validators, the computers that confirm transactions.<\/p>\n

DISCOVER: XRP News: Ripple\u2019s David Schwartz Cut His Holdings By 88% \u2013 Should Investors Worry?<\/a><\/strong><\/p>\n

Ripple\u2019s Plan Runs Through the XRP Ledger, Not the Token Price<\/h2>\n

Ripple\u2019s plan, as it laid out at Swell, is to bring more bank money onto the XRP Ledger. The company said on October 28<\/a> that its products handled more than $16 trillion of transactions in 2025. It expects to end 2026 with $900 million in yearly product revenue.<\/p>\n

RLUSD on the ledger:<\/strong> The stablecoin is worth $2.6 billion, up more than 88% this year. Garlinghouse says about half of it was issued on the XRP Ledger. Every RLUSD transfer on that network pays a small fee in XRP.
\nNew ledger features:<\/strong> Ripple named Permissioned Delegation and Batch Transactions, two upgrades that let institutions hand off tasks and bundle many payments into one.
\nTreasury products:<\/strong> Ripple\u2019s new 24\/7 Returns service for corporate cash uses RLUSD and tokenized money market funds that live on the XRP Ledger.
\nThe target:<\/strong> Garlinghouse said 99.9% of those $16 trillion still moves over old bank rails, and he hopes to report 1% to 3% moved on-chain next year.<\/p>\n

That is the gap holders keep pointing to. Ripple\u2019s business is growing, but most of that growth shows up in RLUSD and in fees, not in demand for XRP itself. Garlinghouse\u2019s answer is that more activity on the XRP Ledger helps the Ripple XRP token in the long run. He expects XRP to become \u201cthe institutional gold standard for crypto rails\u201d within five years.<\/p>\n

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n

Ripple XRP Has Fallen Twice as Fast as Bitcoin Since Swell<\/h2>\n

We tracked the Ripple XRP daily close from each of Garlinghouse\u2019s three statements to Thursday.<\/p>\n

Since October 28 (\u201cnever give up\u201d):<\/strong> XRP is down 21.9%, from $1.326. Bitcoin is down 10.7%.
\nSince November 3 (X post):<\/strong> XRP is down 18.9%, from $1.277.
\nSince November 4 (\u201cnorth star\u201d):<\/strong> XRP is down 20.7%, from $1.305.<\/p>\n

\nNone of the statements stopped the slide for more than a day. On November 4, the day of the \u201cnorth star\u201d interview, XRP rose 2.2%. It fell 7.5% the next day, as the wider crypto market turned lower.<\/p>\n

Ripple XRP Price Analysis: Can $1 Hold Again?<\/h2>\n

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