Ripple Projects Record Revenue Amidst XRP's Struggles in 2026

Ripple is poised for its most successful year on record, projecting a remarkable $900 million in annualized product revenue by the end of 2026. This optimistic outlook comes even as XRP, the company's native cryptocurrency, is on track for its worst annual performance since 2022.

During the recent Swell 2026 event in New York, Ripple CEO Brad Garlinghouse addressed rumors regarding the company's commitment to XRP, emphasizing that Ripple will not abandon the cryptocurrency in favor of its RLUSD stablecoin. He stated, “We will never give up on XRP,” reinforcing the notion that both XRP and RLUSD can coexist and complement each other.

Garlinghouse's remarks come as Ripple celebrates a significant year, bolstered by expanding institutional partnerships and a growing demand for its products. The company has also received final approval from the Office of the Comptroller of the Currency for Ripple National Trust Bank, further solidifying its position in the market.

With a market cap of $2.6 billion, RLUSD has seen an impressive growth of over 88% this year, contributing to Ripple's overall momentum. The recent Swell conference, which included the XRPL Apex developer summit, featured notable figures such as US Treasury Secretary Scott Bessent, who discussed the potential of the USD stablecoin market.