Will Ripple's XRP prosper in 2019?

[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = "

For the larger crypto community, there are only three large coins that everyone watches; Bitcoin, Ethereum and Ripple's XRP. All three are massively declining this year after the crypto bubble burst. How much? Bitcoin has fallen by almost -75% since the start of the year, Ethereum has lost more than 88% of YTD and Ripple's XRP token has lost more than 50% of its value this year. Comparatively, it does not take much to understand that Ripple's XRP is the strongest of the top three coins.

Ripple symbol and coins surrounded by lines and triangles on a black background. Horizontal composition with copy space. Concept of ripple and cryptocurrency. Front view.Getty

Regulatory space has been the main reason behind the current selloff in the crypto markets and, of course, the absence of real projects has also had an impact on the sector. Ethereum has been by far the strongest currency at the start of this year, when we look at actual use and adoption. Several tokens were issued based on this protocol, however, scaling became the biggest nightmare for Ethereum.

Compared to his peers, Ripple has the richest community in terms of project support. There is no doubt that for all of this year, Ripple has shown that he can carry the the biggest names at his lectures. This shows the extent of the company and the talent it can attract. At the same time, the team worked hard to ensure that banks integrated their systems. But there is still a lot of work to be done if Ripple really wants its technology to be fully integrated into the banking system.

So which of the three best coins will outweigh the rest and bring the maximum return on investment?

Getty

As mentioned earlier, this year Ripple was the one to get the less bruises in this battle. The Ripple team has been committed to creating partnerships with industry leaders. If the system is good enough and check all the boxes from the regulators' point of view, it is much easier for the institutions to integrate an existing technology and has already gone through all the schemes rather than developing something from scratch.

Some of Ripple's most significant partnerships are Israel, GMT, Akbank, American Express, CIBC, MoneyGram and Earthport in Turkey to facilitate cross-border payments. & nbsp; That said, the jury is still outside the regulatory status of Ripple. The US Securities and Exchange Commission (SEC) has not decided whether it is a security or not. The most obvious reason is the decentralized nature of the Ripple platform, but at the same time has tightened the leash for other international organizations accused of selling unregistered securities.

Towards 2019, Ripple should guarantee two things, in addition to industrial partnerships; to maintain integration at the top of their list and to ensure the key players in the industry who are willing to provide custody. For example, Coinbase recently announced its list of 30 assets on its trading list and XRP was one of them. Looking ahead, if Goldman Sachs or another similar institution skips in this area, the Ripple team must make sure that the XRP token is at the top of the list. Ripple's XRP could become the most dominant token in 2019 if the company can provide the above.

& Nbsp;

">

For the larger crypto community, there are only three large coins that everyone watches; Bitcoin, Ethereum and Ripple's XRP. All three are massively declining this year after the crypto bubble burst. How much? Bitcoin has fallen by almost -75% since the start of the year, Ethereum has lost more than 88% of YTD and Ripple's XRP token has lost more than 50% of its value this year. Comparatively, it does not take much to understand that Ripple's XRP is the strongest of the top three coins.

Ripple symbol and coins surrounded by lines and triangles on a black background. Horizontal composition with copy space. Concept of ripple and cryptocurrency. Front view.Getty

Regulatory space has been the main reason behind the current selloff in the crypto markets and, of course, the absence of real projects has also had an impact on the sector. Ethereum has been by far the strongest currency at the start of this year, when we look at actual use and adoption. Several tokens were issued based on this protocol, however, scaling became the biggest nightmare for Ethereum.

Compared to his peers, Ripple has the richest community in terms of project support. There is no doubt that during this year, Ripple has shown that he can bring the most important names to his lectures. This shows the extent of the company and the talent it can attract. At the same time, the team worked hard to ensure that banks integrated their systems. But there is still a lot of work to be done if Ripple really wants its technology to be fully integrated into the banking system.

So which of the three best coins will outweigh the rest and bring the maximum return on investment?

As mentioned earlier, this year Ripple was the least bruised in this battle. The Ripple team has been committed to creating partnerships with industry leaders. If the system is good enough and check all the boxes from the regulators' point of view, it is much easier for the institutions to integrate an existing technology and has already gone through all the schemes rather than developing something from scratch.

Some of Ripple's most significant partnerships are Israel, GMT, Akbank, American Express, CIBC, MoneyGram and Earthport in Turkey to facilitate cross-border payments. That said, the jury is still outside the regulatory status of Ripple. The US Securities and Exchange Commission (SEC) has not decided whether it is a security or not. The most obvious reason is the decentralized nature of the Ripple platform, but at the same time has tightened the leash for other international organizations accused of selling unregistered securities.

Towards 2019, Ripple should guarantee two things, in addition to industrial partnerships; to maintain integration at the top of their list and to ensure the key players in the industry who are willing to provide custody. For example, Coinbase recently announced its list of 30 assets on its trading list and XRP was one of them. Looking ahead, if Goldman Sachs or another similar institution skips in this area, the Ripple team must make sure that the XRP token is at the top of the list. Ripple's XRP could become the most dominant token in 2019 if the company can provide the above.

[ad_2]Source link