Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Recently, something interesting came up at the XRP Sydney conference. Brad Garlinghouse, CEO of Ripple, finally responded directly to all the talk about 'flipping the switch' that went viral in the XRP community. Turns out, the high expectations for a single dramatic moment that would change everything were completely off the mark for Ripple.
Here's how it goes. Garlinghouse explained that Ripple isn't waiting for one big switch to be turned on. Instead, they've been flipping hundreds or even thousands of small switches over time. Each step might seem trivial, but when combined, the results are much greater. This is an intriguing concept because it contrasts with the hype narrative circulating on social media.
There's an interesting origin story behind the 'flipping the switch' phrase. It comes from Garlinghouse's interview with Fortune in January 2019, when he said banks were ready to activate XRP through xRapid after the pilot program was completed. But then, the XRP community started to develop this into something bigger—like there was a big moment coming that would forever change XRP's price. YouTubers and influencers kept repeating this narrative, and over time, it became a kind of collective belief within the community.
Garlinghouse himself admits that some developments have taken longer than expected. But he emphasizes that Ripple has made real progress across various sectors. Every 'switch' turned on has an impact, even if it doesn't always make big headlines. He is optimistic about 2026 and beyond, viewing future impacts as the result of consistent hard work over a decade, not a sudden event.
Along the way, Ripple has invested $3 billion in acquisitions since 2023, aiming to connect TradFi and DeFi. This is part of a larger, phased strategy. At the Sydney conference, attended by over 400 global participants, Garlinghouse also credited the community for continuing to speak out, correcting misinformation, and fighting FUD. He believes the community's contributions are also like 'switches' that help the XRP ecosystem grow.
So basically, the 'flipping the switch' narrative grew from community expectations that might have been too high. Now, Garlinghouse makes it clear that Ripple's strategy is about thousands of steady steps that collectively shape the big picture, not waiting for a spectacular moment. This is a more realistic perspective on how blockchain technology adoption and financial system integration actually happen.