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XRP reached a major milestone this week, marking 14 years since its creation, with Ripple executives reaffirming their long-term commitment to the digital asset despite recent market weakness.
Notably, the anniversary comes as XRP faces renewed selling pressure. The token traded mostly red on Thursday after falling about 11% over the past week, as a risk-off sentiment weighed on crypto prices.
Despite short-term price pressure, Ripple’s leadership focused on XRP’s longevity and continued relevance in the digital asset industry.
Earlier on Wednesday, David Schwartz, CTO Emeritus at Ripple and one of the original architects of the XRP Ledger, reflected on the network’s journey, crediting the broader XRP community for helping build it over the past 14 years.
“14 years ago, we got together with an idea to build a better way to move value. What happened next was something none of us could have built alone.” He tweeted. “By “us,” I don’t just mean the three of us. I mean the developers, validators, businesses, community members, and everyone who helped shape XRP into what it is today. Happy Birthday, XRP!”
 
Ripple CEO Brad Garlinghouse also marked the occasion, responding briefly, “14 years later – still the honor of a lifetime to be part of the XRP family!”
His response underscored Ripple’s continued commitment to the XRP ecosystem and reinforced the company’s long-standing association with the digital asset.
Notably, over a decade after its creation, XRP remains one of the few early cryptocurrencies still widely used and actively developed. Despite multiple market cycles, it has maintained its focus on payments and cross-border transfers.
The token reached an all-time high near $3.80 during the 2017-2018 bull run before falling sharply alongside the broader market. Since then, XRP has faced bear markets and regulatory challenges while remaining a prominent player in the crypto industry.
While XRP’s market performance remains closely watched by traders, Ripple executives have consistently argued that the asset’s long-term value should be measured by adoption and real-world utility rather than short-term price fluctuations.
Moreover, the company has continued to position XRP as a digital asset designed to improve payment efficiency, provide liquidity solutions, and facilitate faster settlement across financial networks. This vision has remained largely unchanged despite periods of significant volatility.
The anniversary celebrations also coincide with Garlinghouse becoming increasingly vocal about the future of cryptocurrency regulation and innovation in the United States.
Last week, the Ripple CEO declared victory over what he described as the “Anti-Crypto Army,” a term popularized by U.S. President Donald Trump to describe opponents of the digital asset industry.
Garlinghouse argued that efforts to slow cryptocurrency innovation ultimately protected outdated financial systems rather than benefiting consumers or markets. He has also repeatedly criticized the regulatory environment that emerged under the previous administration, particularly the actions of former SEC Chair Gary Gensler.
Notably, Ripple spent nearly five years engaged in a high-profile legal battle with the U.S. Securities and Exchange Commission over the status of XRP. The case became one of the most closely followed regulatory disputes in the cryptocurrency sector and was widely viewed as a defining test for the industry’s future in the United States.
At press time, XRP was trading at $1.17, reflecting a 3.91% spike in the past 24 hours.