🚨 Ripple CEO’s one-liner sparks controversy:
Will 99% of cryptocurrencies ultimately disappear?

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Recently, the XRP community once again dug up a past remark by Ripple CEO Brad Garlinghouse. His judgment was very direct: in the future, most cryptocurrencies may fail.
He even once gave an extremely exaggerated figure—99% of cryptocurrencies could eventually go to zero.

But the key point isn’t “the entire crypto market will vanish,” but that many projects themselves may not have any real long-term reason to exist.
In Garlinghouse’s view, the core condition for a project to truly remain is practical value.

That is, what determines whether a project can survive in the future may not be just hype, narratives, or short-term capital driving it, but whether it has real users, real demand, and whether it can solve real-world problems. This also explains why John Squire continues to be bullish on XRP.

His logic is simple 👇
If the market really goes through a major round of mass elimination, then projects with only stories and no practical applications may find it increasingly hard to survive.
Whereas projects that genuinely have use cases—such as payments, cross-border transfers, and financial infrastructure—may, in theory, have a longer lifecycle.

Of course, this doesn’t mean XRP is definitely going to rise.
Garlinghouse’s remarks didn’t provide any specific price prediction by themselves.
But this viewpoint does raise a question worth thinking about for the market:
If 99% of projects really get eliminated in the future, then who will be left? 👀
In the next round of competition, it may not be just “whose story is told better.”
It may be—who truly has people using it, and who can live longer.

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