Post
Topic
Board Altcoin Discussion
Re: How did Ripple (XRP) become so popular and blow up in price?
by
cantraun18h
on 29/09/2023, 09:31:34 UTC
One of the strengths of the Ripple project is its focus on improving the international payment system. Blockchain technology and the RippleNet network have helped reduce the time and cost of cross-border transactions, making currency exchanges faster and more efficient. This can have a positive impact on the international finance and trade sectors. It is recognized that Ripple is doing very well in real-world applications. At the current moment, its price certainly cannot reach the old peak as you mentioned, given its current circulating supply is not the same as the circulating supply of XRP from 6 years ago.