Ripple Planning to Follow in Ethereum’s steps by Implementing Multiple Upgrades to XRP Ledger
2025-07-10 20:20:08
Main Idea
Ripple is planning to expand its dominance in the cryptocurrency ecosystem through multiple acquisitions and by integrating upgrades to the XRP Ledger, following a strategy similar to Ethereum's.
Key Points
1. Ripple's Chief Technology Officer, David Schwartz, stated that the company is actively seeking multiple potential acquisitions at various stages.
2. Ripple recently acquired Hidden Road for $1.25 billion and Metaco for $250 million, signaling its aggressive expansion strategy.
3. Schwartz mentioned that Ripple is looking for acquisitions that create strategic value, similar to the Hidden Road purchase.
4. Ripple aims to bring flexibility to the XRP Ledger by integrating multiple upgrades, seeking benefits of programmability without downsides.
5. Despite Ripple's aggressive acquisition strategy, Wall Street remains skeptical about its full potential.
Description
Ripple has reiterated its commitment to expanding its reach beyond the cryptocurrency ecosystem. To achieve global dominance, the firm aims to increase its acquisitions and implement multiple upgrades to the XRP ledger blockchain. Speaking to a publication in New York, David Schwartz, the Chief Technology Officer at Ripple, is quoted as saying; “Our M&A people
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