The XRP has been a huge success in recent weeks and was the most cited of Cryptocurrency, this buzz was soon due to the announcement of the launch of its new product, xRapid which already has about 10 companies like Moneygram, Western Union and others, that everything has entered its beta test phase.
Ripple products such as Xcurrent were used in over 120 banks to monitor transaction positions between banks that had adopted them. The ability to register at least one financial institution each week is earning a group, regardless of whether other blockchains like Stellar Lumen's blockchain have the same mission to reach places with people not assigned to the world.
In less than 2 weeks XRP has surpassed Ethereum three times in market capitalization and is currently at $ 24 billion and Price at $ 0.6 as at the time of writing, Ripple XRP is seriously competing with Ethereum ETH and could soon take second place completely if this XRP The tendency to buzz continues.
The XRP has seen a huge increase in no time and has even received congratulatory messages from Popular People in the Crypto sphere, one from Tron's founder Justin Sun who congratulated the Ripple team and said
The XRP pulse shows the recognition of the Ripple protocol by PNC Bank. With Bill Clinton keynoting Swell 2018, blockchain is going mainstream! As Ripple's Chief Rep. Of Greater China since 2014-16 and a Ripple shareholder, I am confident that financial institutions will adopt blockchain. #TRON $TRX
Ethereum, on the other hand, has been in the bearish movement since the last few months followed the price movement of Bitcoin BTC, which has maintained a sort of & # 39; No bull no bear & # 39; position or rather we say organic growth which is much better for the stabilization to be achieved.
There have been fluent predictions that Ethereum may soon be heading for the bullish train with one of the forecasts from analyst Tom Lee who said Ethereum could rise by over 700% to reach $ 1,900 in 2019.
What do you think of this Ethereum and XRP Spot Battle? XRP will completely take the number 2 position in the market capitalization? Let me know what you think in the comments below.