Ripple’s $700M Share Buyback Signals Confidence in Company and XRP

Ripple has launched a $700 million share buyback program, offering shareholders $175 per share. This move, while targeted at equity holders, could impact XRP price significantly. The buyback signifies Ripple’s strong belief in its own trajectory, including its XRP-related strategy. Analysts believe this confidence will resonate with investors, potentially driving both increased buying activity and a potential price increase for XRP.