Ripple XRP Is a Sleeping Giant, Soon To Explode in Adoption and Price

While Bitcoin (BTC) and the greater cryptocurrency market have changed trends, are breaking through resistance, and are hitting new yearly highs, Ripple’s cryptocurrency has failed to gain momentum. In fact, XRP has been hovering around $0.30 in what seems to be forever.

It’s as if XRP is sleeping while the rest of the market is partying. However, XRP is not sleeping quietly.

There has been a tremendous number of very positive developments that the price has yet to reflect, indicating that XRP is a sleeping giant and when it wakes, it’s set to explode in adoption and price.

XRP Is Ready To Explode

While 2019 has not been kind to XRP’s price action, the number of developments and partnerships achieved by the project make Ripple’s XRP extremely hard to ignore. With institutions such as the World Bank, IMF, and EU Commission on board and actively working with Ripple, XRP is seemingly unstoppable.

By actively working with these institutions, Ripple is laying the groundwork for the entire cryptocurrency industry to flourish in the years to come. They are breaking down boundaries between blockchain technology and the traditional financial world and establishing themselves as an industry leader in the process.

For instance, in March 2019, Ripple’s XRP-powered xRapid remittance product was highlighted by the World Bank in an article about improving remittances services and blockchain technology.

They even praised Ripple’s xRapid pilot program in the US-Mexico corridor, noting that involved financial institutions saved between 40-70% on foreign exchange rates and drove payment times down to around 2 minutes, as opposed to a few days.

Furthermore, Ripple co-founder Chris Larsen was selected by the IMF to join an IMF panel that focuses on fintech innovation and the different ways blockchain technology can streamline procedures in the financial landscape.

Yet another groundbreaking development is that in April 2019, the EU Commission announced the launch of the Internation Association of Trusted Blockchain Applications (INATBA), an association of which Ripple is one of the founding members.

Final Thoughts

The aforementioned partnerships and developments just scratch the surface of what Ripple has already accomplished and been up to thus far in 2019.

While Ripple’s XRP token has not been directly affected just yet, everything is slowly coming together to massively impact the adoption of XRP. For instance, as reported by IIB, Ripple’s xCurrent 4.0 upgrade is now live, enabling all of Ripple’s 200+ institutional clients that use xCurrent to now utilize XRP through xRapid.

All in all, these aforementioned partnerships and developments are extremely bullish, yet XRP continues to hover around $0.30, as it has for months on end. While some people view this as a bad thing, they couldn’t be more wrong.

Think of it like this: Ripple’s XRP is providing the market with the accumulation phase – at near all-time low prices – that Bitcoin never did.

With XRP sleeping while Bitcoin and other cryptos are booming, it’s an excellent opportunity to be accumulating before this sleeping giant wakes up and the real bull market begins.

Are you accumulating XRP at these low prices? When do you think all of the XRP developments will be reflected in the market? Let us know what you think in the comment section below. 

33 Comments

  • marc
    Posted May 10, 2019 12:56 am 0Likes

    I am afraid XRP is not a good Investment, because the Coin is only used as a Bridge for cheap and fast Transfers across Borders (xRapid), Banks and Customers dont like volatility in neither direction. Also there are too many Coins (100 Billion) and only 170 Million sold so far.

    • Sunny
      Posted May 10, 2019 1:10 am 0Likes

      XRP is the greatest investment you can ever made…You can realize it in about 3 to. 5 years time..

    • well.....
      Posted May 10, 2019 1:10 am 0Likes

      your opinion is completely irrelevant. we have facts. facts speak, not you.

    • Randall Knapp
      Posted May 10, 2019 1:28 am 0Likes

      fudbingo.com

    • AinisSpainis
      Posted May 10, 2019 3:45 am 0Likes

      Well, @0.30$ 100 billion is not enough even for dozen of high value banks. For proper usage and adoption price must be at least above 100$ .

      • well.....
        Posted May 10, 2019 6:09 am 0Likes

        It will. Sooner or later.

    • Fool
      Posted May 10, 2019 3:48 am 0Likes

      marc,
      You seem to have put your foot in your mouth with, and I quote “cheap and fast transfers”. Surely you would then understand that the tx on ledger is the really quick part (I’m trying to keep this as simple as possible) and so this means they never really hold the XRP token for very long, perhaps 3-7 seconds as it stand but even less when Cobalt goes live. Let me know which part of this concept you are struggling with and I’ll endeavor to educate you further.

  • Sachin
    Posted May 10, 2019 1:13 am 0Likes

    XRP is the best..
    Educated intelligent people knows the real value of XRP..

    • DC
      Posted May 10, 2019 5:28 am 0Likes

      Wow people in this comment section are so mean. I’m not a fan of ripple or xrp but why do people need to be so hateful?!

      Jeremy, I think you pointed out the best reason NOT to buy xrp… FIs saved between 40-70% in FX Tx across the US-Mexico border pmts. What happens if the price of xrp increases to $0.60? It will be cheaper for FIs to use traditional means of FX. Ripple therefore have a vested interested in keeping the prices at their current levels making xrp a bad investment for anyone getting in now

      • well.....
        Posted May 10, 2019 6:12 am 0Likes

        What a strange comment. And I don’t understand a word in your logic

      • Gary
        Posted May 10, 2019 10:10 pm 0Likes

        DC you need to do some research. A .60 xrp does nothing more than increase the liquidity available for making larger or more transactions possible. It would not make it cheaper to use traditional methods. Connecting all the banks is step one. Step two is increasing the value of xrp to make the large volume payments possible

      • Steve
        Posted May 11, 2019 7:32 pm 0Likes

        The aim is not to transfer XRP it’s to transfer value so it hardly matters what the value of the individual coins are It’s all about supply and demand and the number of coins compared to the value being moved around.

    • well.....
      Posted May 10, 2019 6:10 am 0Likes

      I knows it too.

    • Khaneki
      Posted May 10, 2019 10:11 pm 0Likes

      You’re right 🙂

  • stefano
    Posted May 10, 2019 2:05 am 0Likes

    Xrp is the best choice abd the best digital y. No spread fud.

  • Charles
    Posted May 10, 2019 4:00 am 0Likes

    Xrp is the only one making daily connections to the financial world.It is crazy how much ripple has going on in xrps favor.Im still bullish on a 5-10.00 xrp this year and eventually around 50.00.

    • duncwawa
      Posted May 10, 2019 1:33 pm 0Likes

      $50 each….that a 5 trillion $ market cap. Okay, only if the dollars decreases in value further could this happen. But, watching trade war’s blossom and out of control spending by US govt, it is possible

      • lknanml
        Posted May 10, 2019 4:08 pm 0Likes

        “that a 5 trillion $ market cap” And has nothing to do with putting a limit on anything that uses a market cap metric. Trading and usage value will affect market cap making it smaller or larger but you can’t arbitrarily compare two assets and use one to place a limit on what another asset could achieve. Value times quantity does not represent the total value of a company or asset. It’s a good metric to gauge the size of a company or asset but when large companies by other ones they don’t use market cap as the purchase price required to buy it at it’s real worth. It can be a much lower or higher price/value and very far from it’s market cap value. The Disney/Fox deal was very far from Foxes market cap value. Some companies have gone bankrupt still showing a huge market cap value. It’s an easy value to calculate and crypto buyers seem to have latched onto it giving this metric a lot more weight than it actuality has determining value limits.

  • Roy
    Posted May 10, 2019 4:17 am 0Likes

    I’ll be very happy when it hits 50.00+ the question is WHEN!!!!!

    • well.....
      Posted May 10, 2019 6:13 am 0Likes

      Does it matter?

  • Carl
    Posted May 10, 2019 4:57 am 0Likes

    Tomorrow 🤦🏻‍♂️

  • Spencer
    Posted May 10, 2019 5:45 am 0Likes

    I believe we are watching xPool at play keeping volatility low, absorbing and releasing liquidity for the values being transferred and supported at 0.30. Gut feeling, and once the leash is removed, all bets are off.

    • Turtle
      Posted May 14, 2019 3:18 pm 0Likes

      Spencer, do you mean in the negative awa the positive direction..?
      The amount of adoption of XRP and Ripple offering across the world based on recent news is staggering.

  • Gustabu Rangerindo
    Posted May 10, 2019 6:32 am 0Likes

    We are waiting for banks & institutions to utilize XRP. Yes, when the value goes up, it will become even cheaper to utilize so it is a win-win all around. Thanks.

  • Laney
    Posted May 10, 2019 6:34 am 0Likes

    I have great faith in xrp , I will be happy if it gets to $10 in the near future. I believe it will be the future of cross border transactions

  • Ish
    Posted May 10, 2019 8:47 am 0Likes

    I like ripple, stellar, 0x, litecoin, bitcoin, basically 90 percent of all the coins on coinbase. I’ll admit, I’m not computer savvy at all, but I love the crypto’s, And would like to think there the future. So, I Take about 1,000.00 and put it on each coin on coinbase. It’s there as possibility that I can turn ‘this investment into a million?

    • Bitcoin
      Posted May 10, 2019 8:23 pm 0Likes

      Ofc it is

  • Elpidio Octura
    Posted May 10, 2019 9:43 am 0Likes

    Good that xrp will stay sleeping for the next several weeks so we could still buy cheap. Am positive theres no way for ripple price but up. I dont want it very soon! to give us more time to build hahaha

  • Elpidio Octura
    Posted May 10, 2019 9:44 am 0Likes

    Good that xrp will stay sleeping for the next several weeks so we could still buy cheap. Am positive theres no way for ripple price but up. I dont want it very soon! to give us more time to buY hahaha

  • Chiiynahdan
    Posted May 10, 2019 1:22 pm 0Likes

    @Ish ,Bitcoin,Xrp,Ethereum

  • Chris
    Posted May 11, 2019 4:56 am 0Likes

    Lack of price movement has mad it clear
    how manipulated XRP is

  • Stephen Jones
    Posted May 11, 2019 12:02 pm 0Likes

    Everything is in place, US regulations, that’s all it will take now.!

  • XRP Investor
    Posted May 12, 2019 11:09 am 0Likes

    XRP project as an idea, is perfect and most likely will achieve its goal as long as there is a team behind it introducing it to big institutions as mentioned in the article. One thing I know, XRP will never vanish and will flourish for sure, the question is “When?”. That will depend in IMF and US government. Lastly, If you are looking for short term returns, XRP is not for you.

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