Despite a mixed performance in the early weeks of 2026, Ripple CEO Brad Garlinghouse remains optimistic about the future of crypto markets, predicting new record highs for digital assets this year.
Ripple CEO Optimistic About Long-Term XRP Potential
Speaking at the World Economic Forum in Davos, Switzerland, Garlinghouse noted that recent regulatory developments, including the landmark GENIUS Act, have “unlocked a lot of activity” in the sector.
When asked about crypto performance during an interview with CNBC, Garlinghouse confidently stated, “I’m very bullish, and yes, I’ll go on record as saying, I think we’ll see an all-time high.”
He emphasized that major financial institutions are increasingly showing interest in cryptocurrencies, labeling this shift as a “massive sea change.” However, he believes that this development is not fully reflected in current market prices.
Despite his optimistic outlook, XRP, Ripple’s associated cryptocurrency, was trading at $1.88 and had experienced a notable 13% decline over the past week. The current market performance has led analysts to speculate about the possibility of a new bear market on the horizon.
Nonetheless, he expressed confidence in the long-term potential of the XRP ecosystem, stating, “We are a very vested party in what goes on in the XRP ecosystem. In another five or 10 years, you’re going to see continued, very positive momentum.”
Garlinghouse Confident CLARITY Act Will Pass
Garlinghouse also anticipated that 2026 would see significant use cases for digital assets, mentioning that cryptocurrency exchange Binance is likely to re-enter the US market.
He asserted that the GENIUS Act would facilitate the growth of stablecoins, potentially making operations like payroll more efficient. He believes cryptocurrencies are well-positioned for growth over the next decade.
Regarding the crypto market structure bill, or the CLARITY Act, a vital framework for regulating crypto, Garlinghouse voiced confidence that it will eventually succeed. “It’ll get done. We are as close as we have ever been,” he said.
However, the proposed market structure bill has encountered significant challenges, particularly after key provisions came under scrutiny. Coinbase CEO Brian Armstrong withdrew support for the bill just 24 hours before an anticipated markup scheduled for January 15, leading to a postponement of the process.
Garlinghouse was taken aback by Armstrong’s strong opposition to the CLARITY Act, noting that “the rest of the industry, including exchanges that compete with Coinbase, were still supporting it.”
The executive claimed that he still remains hopeful that industry leaders can navigate the current legislative impasse. “If we want the industry to continue to grow, we need things like the GENIUS Act and the CLARITY Act,” he affirmed.
Featured image from OpenArt, chart from TradingView.com
