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Ripple CEO and '589' Theory: Speculation Gains Momentum

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by Giorgi Kostiuk

21 hours ago


Recent changes in Ripple CEO Brad Garlinghouse's and Ripple's official Twitter accounts have drawn attention back to the long-standing '589' theory, suggesting that XRP may one day reach this price point.

Changes in Ripple's Social Media

Crypto analyst AllinCrypto noticed that the 'following' counts for Garlinghouse and Ripple's accounts changed to 589 and 985, respectively. These numbers hold symbolic weight in the XRP community. AllinCrypto commented, 'No way @bgarlinghouse and @Ripple change their following count to 589 and 985... maybe $589 $XRP is coded.'

Community Opinions on the '589' Theory

In response to AllinCrypto's tweet, an X user named Lucy provided a more grounded interpretation. She noted that 'this numerical coincidence is often interpreted in the crypto community as an 'Easter egg' or 'hidden signal,' but it's more likely an extension of community sentiment and hype.' Lucy added that for XRP to reach $589, it would require a significant increase in market capitalization and regulatory clarity.

Arthur Britto's Role in Renewed Speculation

Further fueling speculation around the 589 theory is a recent post by Arthur Britto, one of Ripple's co-founders. His silent emoji post attracted significant engagement. A commentator highlighted the timing of the event, stating, 'Today, 6/23/2025 — THE DAY ARTHUR BRITTO BROKE HIS SILENCE — marks exactly 5,890 days since May 8, 2009, the date highlighted in my recent 589 video.'

While the '589' theory continues to intrigue, its connection to actual market performance remains unverified. Nonetheless, symbolic gestures and community sentiment keep the discussion alive.

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