Among hundreds of crypto assets offered in the market, the most valuable and promising are those with technological value and real application. An example of such a project is Ripple.
Ripple is a network enabling lightning-fast and secure payments around the world. The project can become a leader in this field and even replace the outdated SWIFT system.
Around 200 companies around the world have integrated the Ripple network to facilitate their work processes:
- Apps developers prefer using this network because it offers a powerful open-source basis for building and deploying applications.
- Individuals use Ripple coin as an alternative to slow and costly bank services to send money worldwide.
- Financial enterprises and banks use the network to make their work faster and to bridge different currencies with XRP for global money transfers.
Ripple cryptocurrency is one of the top coins in the market despite the low XRP price – $0.37.
Also Read: Ripple Coin Trade Price Prediction
Why is Ripple Coin Price so Low?
The answer is a legal proceeding that has been ongoing since 2020 at the initiative of the SEC, claiming the Ripple cryptocurrency must be called a stock. Obviously that the court case slows down the development of this promising project, causing low prices.
Experts claim that having the issues with the SEC solved, the Ripple project can continue developing and growing its user base, which, in turn, will rise the price of the XRP token.
The price forecast for Ripple cryptocurrency:
- $0.819 in 2023
- $1.150 in 2025
- $1.85 in 2026
- $6.21 in 2029
- $8.91 in 2030.
So now maybe it is the best time to buy crypto. We offer the WhiteBIT exchange – the largest crypto trading platform in Europe, which adheres to all the regulations and laws in this sphere. WhiteBIT proposes convenient trading tools and charts to analyze the market and make timely decisions in buying and selling digital coins with a benefit.