XRP Community Day [Live] Updates: Ripple CEO Calls Recent Crypto Sell-Off a Bloodbath, Says XRP Remains a Top Performer

Brad Garlinghouse said Ripple is entering 2026 with a more aggressive growth strategy after spending the past two and a half years largely “playing defense.” He said that the company is now focused on expanding its global presence, making up for lost time through major acquisitions and new strategic initiatives aimed at accelerating ecosystem growth.

Speaking at XRP Community Day, Brad Garlinghouse described the recent market downturn as a “bloodbath,” noting that the sell-off extended beyond crypto, with assets such as gold and silver also declining. He said the current drawdown is comparable to the 2022 bear cycle but said that XRP remains one of the best-performing major cryptocurrencies this year, second only to Bitcoin, while Bitcoin itself has remained largely flat since the U.S. election period.

Brad Garlinghouse officially kicked off XRP Community Day by welcoming XRP holders, supporters, and builders from around the world, emphasizing that the event is dedicated to the strength and growth of the XRP community. He said that the day is designed to celebrate the people driving the ecosystem forward and to highlight the community’s role in shaping XRP’s future.

Excitement is building around XRP Community Day as supporters point to the scale of the two-day global event, which is drawing tens of thousands of participants across multiple sessions worldwide. Many community members say the turnout underscores the strong backing behind the XRP ecosystem and growing enthusiasm surrounding Ripple and its expanding global initiatives.

Ripple has announced a new partnership with Aviva Investors to tokenize traditional investment funds on the XRP Ledger. More details about the initiative will be shared during XRP Community Day, featuring discussions with Markus Infanger and Alastair Sewell on the future of tokenized finance.

XRP fell 2.91% to $1.37 over the past 24 hours, slightly underperforming the broader crypto market as risk-off sentiment intensified. The decline comes as Bitcoin dropped about 2.1%, with extreme fear across the market driving synchronized selling among major digital assets.

Building on its inaugural year, XRP Community Day returns with a strong focus on how XRP is being used today and where it is headed next. Sessions across EMEA, the Americas, and APAC will cover regulated investment products, potential ETFs, wrapped XRP, expanding DeFi applications, and the continued evolution of on-chain infrastructure expected through 2026.

XRP Community Day is set to begin shortly, with Brad Garlinghouse expected to open the event by outlining XRP’s expanding role in global financial infrastructure and capital markets.