Here's what I don't get about Ripple. How is there any significance to the value of 1 XRP given that it is being used as an intermediary for banking transactions? Whether it's worth .0001 or $100 each, it doesn't matter. So why should the value of the coin be going up for any reason other than people hyping it? The value of the coin is irrelevant to the banks. Why should we expect it to keep rising then? For no reason other than everyone buying it due to the hype?

I am new to cryptos and have a lot of $ invested into XRP but I am also not sure how this coin could ever reach $1. That would put it over the BTC market share at this point and it has no actual value or use to us laymen.

I think the idea behind the company is brilliant but I don't see how that translates to the coin value increasing significant over time past what it already is. Can someone please enlighten me?