The San Francisco-based digital currency startup – Ripple, is closely connected with nonconformity of traditional digital currency philosophy since its debut. The offering of conventional banking platform solutions for efficiency, XRP’s centralized nature, and the comments of the team in favor of the fiat standard have engaged the community in a hate sentiment towards the digital currency.
As commented by Michael Arrington – the CEO of Arrington XRP Capital – saying that one thing that is common and everyone agrees on in the crypto space is that they don’t like the digital currency. But this does not in any way affect the major holders of the coin – Ripple, as they are successfully providing financial solutions to financial institutions and ordinary users out there.
XRP’s Latest Listings that Helps to Stabilize Its Value
XRP recently secured a partnership with Wirex, and the firm was able to add the digital currency support to its Visa Card. Consequently, the number of transactions and sign-ups on the platform had increased considerably – according to the firm.
There are also comments from users on Twitter that XRP is a great tipping option. The case of micro-transactions is very important because a lot of digital currencies have been attacked due to the high costs of uploading transactions to the blockchain.
The use of XRP (XRP) allows for cost-efficient and fast transactions, providing an excellent opportunity for real-life adoption.
XRP (XRP) Price Today – XRP / USD
There was a constant violent selloff in the crypto market last week, and even the top digital currencies in the market were deep in the red. The only digital currency that experienced a single digit loss over the seven days is XRP. Over the past week, the digital currency has lost only 4 percent of its value, whereas some of the top coins in the market lost about 20 percent of their value.
At the time of writing, XRP is trading at $0.4290 after a decrease of about 0.15 percent over the past twenty-four hours. The market cap of the digital currency is $16.92 billion and its trading volume over the past twenty-four hours is $188.75 million.