Brad Garlinghouse, the CEO of Ripple, has shared that the future success of cryptocurrencies like XRP during the current market upswing will depend on their practical use in the real world. On Monday, March 11th, Garlinghouse used X social media platform to explain XRP’s successful strategy for achieving success. Garlinghouse pointed out important advancements in the crypto industry that will lead to a bull run in 2024, emphasizing the role of utility in promoting the growth of cryptocurrencies. This comes as demand for Shiba Inu’s Shibarium reaches record levels. The CEO of Ripple announced that the increase in trading volumes of Spot Bitcoin Exchange Traded Funds (ETFs) and the excitement surrounding the upcoming Bitcoin halving event have led to a positive trend in 2024. He highlighted the important connection between how well Bitcoin is doing and the overall market, pointing out a historical trend where changes in Bitcoin’s price have had a significant impact on other cryptocurrencies. Garlinghouse emphasized that a cryptocurrency’s success depends not only on positive market events, but mainly on its practical use in the real world. He stressed that a cryptocurrency can only truly advance by turning market enthusiasm into practical uses. With this in mind, XRP sets itself apart from other cryptocurrencies with its exceptional usefulness and innovative applications. XRP acts as a bridge currency that allows financial institutions to easily and affordably exchange between cryptocurrencies and traditional fiat currencies. In addition, it allows for quicker and more effective cross-border payments. A supporter of XRP, known as “JackTheRippler,” agreed with Garlinghouse’s views and pointed out XRP’s significant practicality, suggesting that the cryptocurrency could become the next Bitcoin if utility is the main factor for success in the market. The fundamentals of XRP’s price are strengthening.