At XRP Las Vegas, Ripple CEO Brad Garlinghouse used a snappy “XRP In One Minute” clip to stake out a clear identity for XRP: a purpose-built payments ledger distinguished by speed, low cost and a long-standing community.
Garlinghouse traced the XRP Ledger’s origins to early contributors from Bitcoin’s core, saying they deliberately designed something “specialized and specific” to solve payments — not a general-purpose smart-contract platform. That distinction, he argued, remains central to XRP’s value proposition.
He highlighted a few headline metrics that Ripple also pushed in a May 13, 2026 tweet: more than 4 billion transactions, settlement times of 3–5 seconds, and transaction fees of less than a penny. “What makes XRP so unique is its speed… its cost — extremely low cost, fractions of a penny per transaction — and its scalability,” Garlinghouse said, adding that the network’s longevity and what he called the “XRP family” community round out the package.
The CEO leaned into the strength of the holder base — sometimes referred to as the “XRP army” — tying technical performance to community endurance. For a project that has weathered prolonged legal and regulatory scrutiny, Ripple’s messaging underscored persistence as part of the selling point: a mature ledger with an active user and investor base and a focused payments narrative.
Garlinghouse closed with a forward-looking pitch: “But you put those things together and you include the longevity of this blockchain, you have something special and unique that is poised for great success in the years ahead.”
At press time, XRP traded at $1.433.
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