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We can say one thing about Ripple’s XRP coin. It’s not just been stable; it’s been going steadily up all the time. It’s not been just reliable; it’s been a great choice. While Bitcoin and Ethereum have had good and bad days, XRP just keeps going up.

It’s performed exceptionally well. If we look at the three-month chart, we’ll find it’s been from  $0.47 to $1.20. It’s not been volatile, it’s been very reliable (when compared to other big players, at least), and it’s been growing all the time. Fear, uncertainty, and doubt have not applied to Ripple at all.

How’s Ripple doing it?

Ripple has had many resources. It’s liquid and reliable and it is listed in more exchanges than any other coin. Its latest listing is UpHold. It has a platform that includes a digital wallet that caters to debit and credit card’s capabilities. It allows for users to do financial transactions among 34 different currencies, commodities and digital assets. It will even offer XRP/USD pairing. This makes the XRP platform a great option for liquidity.

Then there’s Japan’s SBI Holdings, a banking conglomerate that has adopted XRP as a currency and doing an exchange on it. SBI‘s CEO Yoshitaka Kitao has said that the exchange will be “Number one” once it goes public.

On the third place, Ripple has been gathering some fantastic partners in the banking industry. One, as we all know, is Santander (considered to be the world’s best bank right now), another one is BankDhofar from Oman.

They already have more than a hundred banking partners, and they are expected to get as many as two hundred this year. Ripple is becoming an industry’s staple, and that should not be ignored.

Last but not least: Ripple’s XRP is making remittance transference quick, cheap, safe and reliable. It’s becoming the street’s man’s currency, and it’s successful at that. Just a couple of days ago there was this Reddit user who explained how he used XRP to pay for a haircut. How could you possibly beat that?

So, despite the current ‘worrysome’ trend of the market, it’s still safe to bet on Ripple (in fact, a golden chance as it went down by almost 4% in last 24 hours – that’s a good chance to buy it cheaply now). XRP is growing slowly, but inevitably, it solves problems that matter for people in the streets by offering an option that can pay for everyday goods and services.

This all makes it an excellent choice in the crypto market. You should keep an eye open for Ripple’s currency; it’s working, it’s becoming a viable means of payment for people who are out of the banking world but who do own a cell phone. It’s making the financial world more democratic. It’s a force we should all take into account.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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5 Comments

  • Bryan
    Posted May 7, 2018 6:10 pm 0Likes

    Fantastic partners in the “baking” industry!

  • Shawn Schaeffer
    Posted May 7, 2018 7:05 pm 0Likes

    Your comment * Ripple with it’s software X-Current, X-Via, X-rapid, Codius, and X-pool. it will surely be top dog in a matter of months. Once their X-rapid software releases the 1.0 Stable version, say goodbye to earth and off to the moon it will go. They are currently in testing phase of Beta 5 which is supposedly the last beta phase. Being a digital bridge asset they will help individuals and enterprises around the world with their 1-3 second transaction and settlement time, where with current tech “swift” is 3-7 days with 6% error rate. Monumental disruptive tech and it will not stay under a dollar much longer!

    • Ollie Fox
      Posted May 8, 2018 3:16 am 0Likes

      It will only sustain if banks accept it over the SWIFT network. Companies such as Goldman, state street, jp morgan, and db have been using SWIFT since the 80s – if just one of the big players such as listed prior see its potential this could completely change the game and XRP will spur creating a ‘pseudo’ crypto market that runs parallel to the traditional one we see today.

      Very exciting times!

  • Will
    Posted May 8, 2018 3:05 am 0Likes

    You really should change your font to black and background to white. You have good content but after reading your articles Im blind for like 5 minutes.

  • Doug
    Posted May 8, 2018 2:14 pm 0Likes

    This is nothing but FUD. XRP has been on an horrible up and down trend for months, without surpassing 90c, or 1 buck.

    XRP is dead.

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