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Ripple CEO clarifies large XRP holdings don't grant control over XRP Ledger.

Protocol Fundamentals
10 Nov 2026, 18:52 WIB
Dailycoin
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Bullish
Ripple CEO clarifies large XRP holdings don't grant control over XRP Ledger.

At Ripple's Swell 2026 event, CEO Brad Garlinghouse explained that owning large amounts of XRP does not give Ripple control over the XRP Ledger. The network's consensus is maintained by over 150 independent validators, with Ripple operating only one of 35 recommended nodes. Changes to the protocol require broad validator approval, ensuring no single holder can dictate rules. This distinction supports institutional adoption and trust in XRP's decentralized governance.

XRP is trading at Rp18.917 on Pluang as of Nov 11, 2026 00:02 WIB, down 4.83% in the past day. The market cap stands at Rp1.199,37 trillion with a 24-hour trading volume of Rp46,86 trillion. Pluang users show a balanced sentiment with 56% buying and 44% selling, holding XRP for an average of 73 days.

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