Is $589 XRP Price Truly Coded? Ripple and Garlinghouse's Recent Action Sparks Speculation

Crypto analyst AllinCrypto recently drew renewed attention to the long-standing “589” theory within the XRP community after observing a notable change in the social media activity of Ripple CEO Brad Garlinghouse and the official Ripple account.

According to AllinCrypto, both accounts have altered their Twitter “following” counts to 589 and 985, respectively. While these numbers have held symbolic weight within the XRP community for years, the timing and coordination between the CEO and the company’s profile have added a new dimension to the ongoing speculation.

AllinCrypto’s tweet stated, “No way @bgarlinghouse and @Ripple change their following count to 589 and 985…. maybe $589 $XRP is coded.” This comment references a theory that has persisted for years, suggesting XRP may someday reach a value of $589.

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The number 589 first gained traction in 2018 after it was mentioned in a widely circulated and now-deleted tweet from a crypto influencer who predicted XRP would hit that price. Although it was never backed by verifiable economic models, the number has become a symbol of extreme long-term optimism within the XRP community.

Commentary From the Community and Interpretive Caution

She added that for XRP to reach $589, it would necessitate a dramatic increase in market capitalization, widespread global financial adoption, and definitive regulatory clarity.

Lucy’s comment reflects a broader sentiment that while the 589 number carries symbolic significance, the market realities required to meet such a price are substantial.

Arthur Britto’s Silent Post and Numerical Timing

Further fueling the renewed speculation around the 589 theory is a recent post by Arthur Britto, one of the original architects of XRP and a co-founder of Ripple. Britto, who is known for maintaining a nearly complete absence from public platforms, posted a silent emoji on June 23, 2025.

Despite the post containing no text, it attracted considerable engagement and amassed over 3 million views shortly after it was shared. Britto had not made any public social media posts for years, making the timing and content of the post particularly notable for those following XRP developments.

Coinciding with Britto’s emoji post, a crypto commentator who goes by NotFinancialAdvice pointed out the specific timing of the event. He stated, “Today, 6/23/2025 — THE DAY ARTHUR BRITTO BROKE HIS SILENCE — marks exactly 5,890 days since May 8, 2009, the exact date highlighted in my recent 589 video.” This chronological coincidence was interpreted by many as a potential signal, even though no concrete conclusions have been drawn from the observation.

Price Implications and the Limits of Symbolism

The idea that XRP could reach $589 has been repeatedly scrutinized by market analysts who point to the immense scale of economic and infrastructural transformation that such a price would entail.

XRP currently trades far below that target, and achieving such a valuation would require trillions of dollars in market capitalization, placing it far ahead of the largest existing cryptocurrencies.

Nonetheless, symbolic gestures, perceived patterns, and the return of key historical figures, such as Arthur Britto, continue to generate attention and discussion within the community. While some interpret these events as meaningful indicators, others view them as coincidental or expressions of long-held enthusiasm.

As it stands, the 589 theory remains speculative, and its connection to actual market performance has not been substantiated by any formal statement from Ripple or its executives.

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