Ripple Labs hosted its eighth annual Ripple Swell event in Miami, which primarily drew a business-oriented crowd of partners and customers, contrasting with the previous energetic presence of the XRP community. CEO Brad Garlinghouse noted that the group of attendees was distinct from the more amorphous XRP army, typically characterized by their vigorous online support. Despite Ripple’s ongoing SEC legal battles and XRP's significant social media presence, the event felt more professionalism-focused and less about celebration. The event featured discussions on crypto regulation, and its business-to-business atmosphere was highlighted by the lack of typical crypto casual wear. Some members of the XRP army were present, but their numbers appeared diminished, reflecting the evolving dynamics within Ripple and its environment in the broader traditional finance sphere.

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