Ripple (XRP) plays a dual roles as a payment platform and a currency at the same time, is this currency better fit for payment solution than ethereum and Bitcoin since it's created to allow quick and cheap transactions out of the box
At this time of writing this post ripple is trading at 0.34$ with daily volume of 4billion dollars, in the last 24hrs XRP is up 14%, what's your take on this?
If we are talking about scalability and there are so many coins with better scalability than a ripple and these coins will be very suitable to be used as a payment solution. If you are comparing ripple with BTC and ether, yes ripple was a better coin than those coins in terms of scalability but this time it's not so scalable again.
I can mention one of them just like avalanche.
This coin has a better TPS compared with ripple.