Ripple Accelerates Network Expansion and XRP Adoption Indicating Price could go Higher
After a gap of some slumber months for XRP, the coin finally in rose by around 7 % last week. Although technically the coin was in a range bound territory for a while, fundamentally the XRP and Ripple team have done their very best to add every catalyst that could contribute to XRP’s next bull run. In a recent update post released by XRP community summarises the feat that the Ripple team has achieved over past sometime. XRP has found its adoption quite well among the financial and payments industry as the coin stands a perfect bridge between the traditional centralized finance world and the new age fintech decentralized organizations. The company, Ripple has been able to provide the right products that fit into the traditional financial system giving them advantages of blockchain such as speed and cost-effectiveness. These products include the number of highly-used applications on the network, including social media applications, peer-to-peer payment applications and to the very recently Coil’s soft roll-out of web monetization. Ripple’s xRapid has also been proven as a fine discovery and is already been predicted as the next generation of cross-border value transfer between banks, remittance companies, large corporates, and individuals.