On January 7th, according to Coingape, Ripple CEO Brad Garlinghouse announced that the company's original $11 billion valuation has become "seriously outdated" as the price of XRP rises and demand for Ripple's blockchain solution grows. In the interview, he mentioned that Ripple's XRP holdings have exceeded $100 billion, which has become the key to reshaping the company's valuation prospects. Ripple's last valuation of $11 billion was in early 2024, when the company bought back $300 million worth of shares. Mr. Garlinghouse pointed out that Ripple was trading in the private market for much less than its net asset value compared with crypto-related companies such as MicroStrategy. "We already own more than $100bn in XRP, while MicroStrategy is trading at three times its net asset value, Ripple has been undervalued," he said. In the interview, Mr. Garlinghouse reiterated the company's focus on the B2B space, which includes banks, payment providers and enterprises, where Ripple offers solutions such as custody and cross-border transfer. Garlinghouse also emphasized that its stablecoin, RLUSD, will leverage XRP rather than replace it, thus increasing its liquidity and opening up more possibilities for leveraging Ripple's decentralized exchange (DEX) and automated market maker (AMM) capabilities. Ripple's growth has also been helped by changes in the legal environment. Mr. Garlinghouse believes the departure of Gary Gensler, SEC chairperson, and the clarity of new government regulations represent a "turning point" for Ripple. "The winds have changed and while 95 per cent of our customers are outside the US, I expect US interest to return in the coming months," he says.