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Home ยป Keep On HODLing XRP – Here’s Why!

Keep On HODLing XRP – Here’s Why!

The most trustworthy cryptocurrency

Introduction

The world is becoming more and more aware of the future of cryptocurrency. Naturally, many people are turning to XRP in order to get their hands on digital coins. It’s easy to see why so many people are choosing XRP – it’s a crypto that is known for being trustworthy, reliable, and consistent. Here are some reasons why I am confident that XRP will be the best investment in 2022.

XRP Is The Fastest Crypto On Earth

One of the most important factors in deciding a cryptocurrency is how fast it is. When you’re sending money internationally, you need to know that it will arrive on time. XRP has proven itself time and again to be the fastest crypto on earth. It’s able to handle 1,500 transactions per second – that’s FOUR TIMES as fast as Bitcoin! With speeds like that, no one will want to use any other crypto for sending money across borders.

XRP Is The Best Crypto For Payments

In addition to being the fastest crypto around, XRP is also the best for payments. This coin is designed with speed and security in mind, which makes it perfect for exchanging money instantly with anyone else around the world.

The market is huge

Ripple is a software company that builds solutions for banks and global financial institutions, and the most famous of these solutions is called xCurrent. This protocol allows banks to send and receive cross-border payments with end-to-end tracking information in real time.

The market for cross-border payments is huge โ€” more than $37.15 trillion is transferred across borders every year. Banks are interested in making these transfers quicker and cheaper, so they have begun using xCurrent to settle transactions between each other, using Ripple’s native currency XRP as a bridge asset.

The market is huge. The 24-hour trading volume of Ripple (XRP) is $1.8 billion, which makes it the eighth-largest Altcoin.

Image by CoinMarketCap

XRP is gaining major traction in the market

XRP has been gaining major traction in the market, and with good reason! There are currently more than 100 banks that are in partnership with Ripple, and that number is growing every single day. In addition to the recent news of American Express using Ripple’s technology, MoneyGram International has also recently announced that they will be using XRP for payments!

XRP has seen a major price drop, but still holds its value

The cryptocurrency market has seen a major downturn in the past few months, with many coins losing between a quarter and half of their value. Many investors are now nervous about the future of their favorite coins, but still hold onto them hoping that they will recover, just like how Ripple has managed to keep its price above the $0.8 mark.

Conclusion

Ripple has great momentum with its platform and many well-established partners. Itโ€™s the only cryptocurrency holding its value across the board. With a strong standing, future growth of XRP look promising, and it should help establish once and for all, that cryptocurrencies can work effectively for banks and financial institutions. For HODLers and those looking for gains in the future, this is the perfect time to invest in XRP.

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