Ripple Doesn’t Move Randomly: The Strategic Moves Behind XRP’s Domination
Crypto pundit BankXRP has highlighted that Ripple’s recent investment is strategic and boosts XRP’s utility as a cross-border payment asset. This comes as Ripple continues to expand its operations, with moves to further integrate XRP in its operations. How Ripple’s Move Is Strategic For XRP In an X post, BankXRP noted that Ripple’s backing of […]
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A member of the Ripple community has called out Cardano founder Charles Hoskinson for helping derail XRP’s growth through the ETHgate saga. In response, Hoskinson has defended himself, arguing that it is impossible he was involved in the XRP lawsuit. Cardano Founder Accused Of Derailing XRP’s Growth In an X post, Ripple community member Wino […]
According to multiple reports, Ripple Labs is organizing an effort to raise about $1 billion to build a new XRP treasury intended to hold a large stock of the token. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” The effort would use a special purpose vehicle to gather outside capital and combine it with XRP that Ripple itself may put into the fund. The plan is still being negotiated and has not been finalized. Plans To Raise $1 Billion Reports have disclosed that the $1 billion target would be raised through a SPAC-style vehicle, with Ripple expected....
Ripple’s rapid expansion across the global finance space, along with the continued growth of the XRP Ledger (XRPL), has drawn significant attention from the broader market. Ripple CEO Brad Garlinghouse recently spotlighted the company’s top five strategic acquisitions, emphasizing how these deals are shaping the crypto payment firm’s future and reinforcing XRP’s central role within […]
What to Know: ➡️ Ripple announced a partnership with Mastercard, WebBank, and Gemini, which would introduce settlement of its $RLUSD stablecoin for fiat credit card payments. ➡️ The move could benefit $XRP in the long term, as it would boost activity and liquidity on the XRP Ledger. ➡️ It could also increase $XRP’s utility, which would allow it to rebound to $3, even break past the $3.84 it set back in 2018. ➡️ Similarly, Bitcoin could become even more valuable once the Bitcoin Hyper project unlocks untapped utility. Ripple, the company behind $XRP, is making headlines again after....
Crypto pundit SMQKE has shared an important thing that XRP holders have to remember when it comes to the altcoin’s price. He alluded to the token’s historical price appreciation and noted that XRP is better positioned to record more significant gains following Ripple’s recent acquisitions. What To Remember About XRP’s Price In an X post, SMQKE reminded XRP holders that the token delivered nearly 350x returns between 2017 and 2018, while Bitcoin and Ethereum gained 14x and 100x, respectively, during that period. He noted that this means XRP’s price increase was roughly 24x steeper than....