Ripple and XRP: The Truth Beyond the Hype and Speculation.

In a crypto bull market, novice investors are often lured by promises of quick profits without understanding the real risks. Ripple and XRP are classic examples of projects where marketing trumps reality. In this article, we will take a straightforward and realistic look at why the XRP cryptocurrency is not the "hidden treasure" that some are making it out to be, and what are the real reasons behind the rise in the price of XRP. Click here for real time XRP price.

Ripple: The Company, Not the Cryptocurrency

Ripple is a technology company that develops blockchain solutions for cross-border payments. Its products, like RippleNet, are designed to help banks and other financial institutions transfer money faster and at lower costs. Please note that most Ripple partnerships do NOT involve the use of XRP cryptocurrency.

RippleNet is used to remove friction from international payments, providing a modern and fast alternative to traditional systems such as SWIFT. However, many of these partnerships are based on Ripple's company technology and do not require XRP as an integral part of transactions. This distinction is important to understanding why the price of XRP is not directly related to the success of Ripple.

The truth about Ripple partnerships

Although Ripple collaborates with banks such as Santander, Bank of America or American Express, these institutions do not use the XRP cryptocurrency in their transactions. The partnerships are exclusively focused on RippleNet technology, which works perfectly without using cryptocurrencies.

Many investors confuse these collaborations with an adoption of XRP, but the reality is different. Even within the On-Demand Liquidity (ODL) solution, where XRP is used as a liquidity asset, its use is limited to a few niche markets and does not justify the massive increase in XRP price during a bull market.