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Goodbye, Bitcoin: Trump plans US strategic reserve with $XRP and Solana according to report.
While Bitcoin has been the leading cryptocurrency symbol in recent years, $XRP
Ripple’s Ledger has advanced significantly as a cutting-edge technology solution for the future of finance. This system was specifically designed to revolutionize the tokenization of financial assets.
Banks around the world are currently looking for ways to digitize their asset management, and Ripple Ledger is a tool designed to meet this need. The recent acquisitions of Metaco and Standard Custody, which together totaled over $250 million, demonstrate Ripple’s strategic commitment. These acquisitions will enable the company to offer crypto custody services to banks, helping these institutions enter the digital world more safely and efficiently.
All-Time Highs: Demystifying XRP’s Peak
Ripple CTO David Schwartz has clarified concerns about the all-time high price of $XRP in 2018. While widely cited as $3.84, he explained that this value was distorted by incorrect exchange rates used in South Korea. Schwartz stated, “It was not possible to sell XRP for $3.84, nor to buy at that price at the time.” This clarification addresses misconceptions about the asset’s price and highlights the difficulties of international pricing.