Future opportunities to succeed ETH's second-in-command token: XRP
XRP was born from Ripple, with the ambition to make a mark in the cross-border payment arena. While other cryptocurrencies are still struggling with transaction speed and costs, XRP, with its unique technology, can complete transactions in just a few seconds, like a superhero teleporting, effortlessly crossing borders and leaving traditional banks' snail-paced cross-border transfers in the dust.
Even though it has always been at the forefront of regulatory scrutiny, being pursued by the SEC with questions like "Are you a security or not?", XRP has no intention of giving up easily. Together with Ripple, it strives to survive and develop within the narrow margins of the rules. It charges through the crypto world with the spirit of “a young calf fears no tiger”.
Major positive news:
On December 23, 2024, according to Caixin, blockchain payment company Ripple plans to donate $5 million in cryptocurrency XRP to Trump's inaugural committee to support Trump and his policies, hoping the new government can create a more favorable development environment for the cryptocurrency industry.
After Trump won the U.S. presidential election, XRP's price surged by 370%, far exceeding the rise of Bitcoin and other major cryptocurrencies, during which Bitcoin only rose by 46%. As a result, XRP surpassed Solana, becoming the third-largest cryptocurrency after Bitcoin and Ethereum.
In the four years of Trump's administration, XRP's price is by no means limited to this; let's wait for it to soar.