For some time, the price of XRP has been less than one dollar, which is far from the historical maximum of $ 3 for XRP. Ripple is one of the top five coins based on market capitalization. Even with the current price drop, Ripple is still busy in some areas.
Many companies are ready to partner with Ripple and some are already sealing exciting offers. This has slowly made Ripple one of the best blockchain to adopt massively. Ripple's xCurrent technology has been adopted by numerous financial institutions around the world.
Ripple (XRP) Price today
Will Ripple reach $ 5 soon?
For XRP holders who are interested in the future unit value of money, it is useful to know its possibilities. The rumor is that Ripple could sell up to $ 5. Will it be possible?
First of all, Ripple has three different systems. The system is designed to support fast money transfers at economic rates. Of all three, only one system needs the XRP token to work. This system is called xRapid.
Ripple focuses more on promoting the other two systems that do not require the XRP known as xCurrent and xVia. XCurrent is more useful in banking and financial institutions. xRapid, on the other hand, allows almost instantaneous transfer of money globally, regardless of quantity.
Incorporating xCurrent, a giant bank in Spain, Santander, will allow users to send money quickly and efficiently without using the XRP token. This adoption along with other similar is what is said to push Ripple XRP to $ 5. However, this may not be the case.
Although Ripple is becoming very cooperative these days, a massive "adoption of XRP" is not imminent. It is the ledger that is adopted massively and not money. Currently, the state of the market places XRP away from $ 5.
Ripple (XRP) Price today
Ripple is currently trading at $ per unit and continues to decline relative to the USD and Bitcoin.