XRP Price Might Hit $1 Soon as Binance Is Set to Adopt xRapid

Ripple

One digital currency project that has been drawing the attention of many digital asset investors and firms is XRP (XRP). The parent firm of XRP – Ripple, a San Francisco-based startup – has been working towards the mainstream recognition and adoption of XRP. Ripple has several products it uses for cross border payment. Some of its products in xCurrent, xVia, RippleNet, and xRapid. xRapid is the latest on the list of the firm. xRapid uses XRP to process cross-border transactions. The price of XRP doesn’t really reflect all of these developments at the moment. However, XRP price prediction 2019 is very promising and these developments and XRP news today might start paying off soon. In the meantime, the price of XRP may soon head to the moon as Binance is about to adopt one of Ripple’s XRP-based products.

XRP News Today: Binance Wants to Enter into a Partnership with Ripple to Use xRapid – Will the Price of XRP Surge to $1 after This Partnership?

According to a new report, which just released yesterday, a new partnership that could send the price of XRP to the moon is underway. Changpeng Zhao – the CEO of Binance – is looking to strike a deal with Ripple. The essence of the partnership is to utilize the XRP-based cross-border payment platform of Ripple – xRapid. This XRP news has gotten the attention of many digital asset investors, traders, and the entire XRP community, as Binance is presently one of the top digital currency trading platforms in the world. Binance is the largest digital currency trading platform in the US, and it is the most dominant in the world.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.00-0.80%

With Ripple partnering with Binance, Ripple will be able to provide its users with the ability to incur low-cost liquidity. The news about this partnership is all over the internet. However, the executive brass of Binance hasn’t disclosed more specifics about the collaboration with Ripple. In an interview with the CEO of Binance, he said:

“We are focused on launching more features right now, so we are working with a number of other partners. With xRapid, there is nothing going on right now, but in the future, we will definitely want to add them as a partner.”

How Will XRP Price Respond If the Partnership Is Successful – XRP Price Prediction 2019

If the collaboration between Binance and Ripple eventually happens, the price of XRP will benefit significantly from it. This will attract more digital asset investors to the digital currency, which would result in an increase in the adoption and price of XRP. If this happens soon, XRP price prediction 2019 of $1 can be seen before the last quarter of this year. More firms, banks, and financial institution would want to associate themselves with Ripple.

XRP Price Analysis – XRP Price Prediction 2019 – XRP Price Forecast – XRP USD Live Price – XRP News Today

The digital currency market is correcting at the moment. Most coins in the market are now in the red. The price of XRP is down by about five percent over the past day. At the press time, XRP USD live price is supported at the $0.38 mark. On the upside, the digital currency is facing hurdle at the $0.40 level. The price of XRP is likely to surge higher soon with more bullish XRP news, developments, and partnerships.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.