$XRP is simply explosively strong! It's the kind of strength that is on the level of strong institutions, making it hard not to admire.
XRP has been stagnant for three whole years, and in just three months, it has skyrocketed 7 times, practically telling the whole world that a large market cap can also soar! Old investors should be familiar with XRP, the veteran tool. Back in the day, Sun Yuchen was the head of Ripple in Greater China, coming to harvest a wave every four years with a vengeance.
Newcomers to the crypto world may not be very clear about what XRP is and why it can rise so fiercely. In fact, XRP is the native digital asset on the XRP Ledger created in 2012, originally born for payments. Its settlement time is incredibly fast, taking only 3-5 seconds, while international transfers using SWIFT still took 3-5 business days back then. Therefore, XRP can be considered the first practical project in the cryptocurrency industry, quite ahead of its time.
Back in the day, XRP's market cap was as high as 238 billion USD, leaving Bitcoin far behind, sitting at the top of the cryptocurrency throne! At that time, it could be said to be an invincible king. Unfortunately, it was later investigated by the SEC, which was a bit tragic. But after all these years, XRP's market cap still steadily ranks in the top ten. Although it doesn't have much of an ecosystem, it is still playing a role in the banking system. After all, stability in enterprise-level systems is the way to go.
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