Ripple’s Partnership Will Boost XRP Price And Make XRP The Best Cryptocurrency – 1 Billion XRP Coins Released

Ripple may be one of the most controversial projects in the space but it is also one of the most popular and the XRP token has use cases that solve real-world problems. This is why it has gotten the attention of retail in institutional investors over the years. In fact, Ripple’s payment settlement protocols have gotten the attention of some big players in the financial world including the World Bank and IMF.

This week, Ripple announced that its Global Head was at the European Blockchain Convention with world leaders. During the conference, they discussed the importance of global partnerships not just for Ripple but for every blockchain network. They also talked about the future of blockchain technology and blockchain could change the world. The official Twitter handle of Ripple posted;

“Last week Ripple’s Global Head of Banking @delatinne joined industry leaders at @EBlockchainCon to discuss the importance of collaboration across different blockchain networks.”

Ripple XRP News Today – Ripple’s Partnerships and Products

Ripple already has products that can change the world. Typical examples are the xRapid and xCurrent protocol. The xRapid protocol allows banks to transfer fiat through XRP almost instantly at an affordable price. Rippleā€™s xCurrent is an instant messaging service that allows banks to communicate with each other during transfers. These cross-border remittance tools can’t be compared to SWIFT, which takes hours and days to process international transactions and costs a significant amount of money.

Institutions and retailers are already getting tired of this outdated technology. This is why this is the best time for Ripple to seal international partnerships and showcase its brilliant technology to the world.

XRP Price Prediction 2019

XRP (XRP) Price Today – XRP / USD

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There is currently an outstanding XRP 589 dollar prediction in play. One of the reputable members of the cryptocurrency community predicted that the price of XRP will eventually hit $589. In fact, another XRP price prediction places the price of XRP above $1000 at its peak. All these XRP price predictions may seem outrageous but if Ripple is able to achieve mass adoption through global collaboration, there will be no limit to how high the price of XRP can go.

XRP Ripple Price Analysis – 1 Billion XRP Coins Released

No matter how good a technology is, it will become obsolete if no one is using it. This is why tech companies like Ripple work hard on marketing and promotions to make sure that the world sees their products. Developing is only one side of the coin; adoption is the other side and it is also the most important side.

So far, Ripple has been able to get the attention of many institutions within and outside the financial sector. Its goal is to get global collaborations that will make XRP more popular than Bitcoin and make its payment protocols the most important in the world. When Ripple reaches mass adoption, the XRP token will become the most sort after cryptocurrency in the world.

Recently, a sudden increase in the trading volume and market cap was noticed in Ripple (XRP). Later it was officially confirmed that Ripple had released 1 billion XRP coins worth over $435,891,000 from its escrow account. The cryptocurrency data aggregation website, Whale Alert, posted the same on its Twitter handle. As per Ripple, the release from escrow will be used in multiple projects. It said,

“If an escrow is successfully finished, it delivers the XRP held to its destination account. If the escrow is canceled, it delivers the XRP back to the source account.”

Cryptonewsz predicts that this release will bring some number of users. The value of Ripple price is likely to reach 0.75 USD by the end of 2019.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.


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