Big news! XRP is on the headlines again, but not because it was blocked! It's a $17 trillion move!
The crypto world just exploded, and XRP has become a hot topic again. XRP itself is quite popular, but on the other side, the 17 trillion transactions and the old system are at odds, which may bring a big change to the financial world!
What happened just now?
Something went wrong with the old system:
I heard that those old financial devices that manage trillions of transactions every year are either about to be shut down or are changing. In this way, new blockchain paths like RippleNet are more likely to be successful, and XRP has also come to the fore.
Why can XRP stand out?
It is a "bridgehead" for cross-border payments, with low cost and fast speed, and it is no problem to handle trillions of transactions.
Ripple's 17 trillion pie:
In the global cross-border payment sector, there must be 17 trillion transactions a year. If XRP can stir up this pool of water, financial institutions will definitely rush to get it, and XRP holders will be happy!
What benefits will this bring to those who hold XRP?
Demand will increase: Once Ripple technology becomes popular, XRP, the liquidity artifact, will be even more popular. As for the price, it is hard to say:
Good things are not always good: be careful!
The market is prone to freakouts: XRP still depends on the market and the regulators. Good news is good news, but don't be too impulsive when the price increases. The regulators also have to keep an eye on it:
To be honest
If the 17 trillion transactions really change, Ripple and XRP will have the upper hand. As long as Ripple can attract more global partners and XRP can do more practical things, we can see it becoming more and more popular and more valuable.
Be well-informed, patient, and don't forget to do your own research (DYOR)!
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