If you look at any cryptocurrency ranking on the Internet, you will see Ripple XRP crypto on the top 10 assets in terms of the market cap and daily trade volume. Why is it worth buying XRP, what is its essence and what do experts think about its future? Let’s discuss it in this article.
Key Points about Ripple
It is a network enabling funds transactions for financial establishments worldwide. It is a payment system that operates globally, enabling much quicker and cheaper money transactions rather traditional banks can do. Ripple’s creation was envisioned to replace a conventional SWIFT money transfer system by offering much more affordable services for financial companies.
Ripple supports many different fiat currencies and digital assets and quickly confirms transfers. Ripple is a kind of agent between network users who want to transfer money safely. When using Ripple, users pay a small fee in XRP tokens – 0,00001 XRP.
XRP is a native token of the network. To know its current price in dollars, check out the XRP USDT pair. As of mid-September 2022, it is $0,3367.
We recommend buying Ripple tokens on credible and trusted crypto exchanges:
- White BIT
- Coinbase
- Binance
XRP Price Prediction
The Ripple company has been in legal proceedings with SEC for many years now. Those proceedings are the reason why the XRP token does not follow sharp market boosts during the upward trend. However, the network has all the chances to become massively adopted. Besides, many major companies are already successfully using Ripple technology.
Analyzing the project foundation and rating as well as the price fluctuations, experts estimate the XRP price to reach around $0,819 by the end of 2023.
Based on the algorithmic XRP prediction, we can expect a $1,150 price in 2025. Analysts estimate the minimum rate of $1,31 and the maximum of $1,53 in 2025. We will keep track of the Ripple development. Meantime, you can buy XRP on the White BIT crypto platform.
