Recently, the market welcomed multiple favorable developments, and as an established public chain, Ripple (XRP) has become the focus of the market.
XRP officially surpassed SOL with a market cap of 139.2 billion, becoming the new third brother.
Since its launch in 2012, XRP has focused on cross-border payment scenarios, favored by financial institutions for its efficiency, low cost, and technological innovation.
However, the growth path of this classic token has not been smooth, facing pressure from market competition and frequent setbacks due to regulatory disputes.
Now, as the regulatory environment gradually shifts and market confidence is boosted, XRP seems to be seizing this historic opportunity to redefine its future market positioning.
Is it just a flash in the pan? Or a comeback? How far can it go in the future?
Since the end of 2020, Ripple has been sued by the SEC for allegedly raising funds through unregistered securities, subjecting XRP to four years of regulatory pressure. The SEC accused Ripple of issuing XRP since 2013, raising $1.3 billion, and believes its actions violated securities laws.
This lawsuit has severely impacted the market.
However, with the return of the 'Understanding King' in 2024, legal disputes are gradually coming to an end, and XRP has welcomed a long-awaited turnaround.
First, in January 2025, there was news of SEC Chairman Gary Gensler's resignation. Gensler has always believed that XRP is the initiator of non-compliance, and his conservative and strict policies have made it difficult for XRP to thrive in practical application scenarios.
The new SEC leadership will adopt a more lenient and friendly attitude towards XRP.
The concept of XRP has always been to provide more efficient processing speeds for the banking system. The previous Federal Reserve did not support it, causing its actual business to progress slowly.
But XRP can solve traditional banking system issues,
high transaction fees, inefficient payment processing speeds, and the complexity and high costs of cross-border payments.
Firstly, XRP essentially acts as a bridge, enabling efficient and low-cost exchanges between different fiat currencies, providing a smoother path for global payments and cross-border settlements.
Traditional cross-border payment typically takes 2 to 3 business days and transaction fees usually range from 5% to 10% of the payment amount.
The XRP Ledger can handle up to 1,500 transactions per second, and transaction fees are relatively low, typically only one hundred-thousandth of an XRP.
XRP's absolute advantage has led to strategic collaborations with several large banks and payment platforms, including Bank of America, Credit Suisse, and Mitsubishi UFJ Financial Group.
As application scenarios increase, XRP has begun its own celebration.
Let's continue to pay attention to XRP, to see if it can bring a new future to the payment field.