Brothers and sisters, XRP is finally showing some real growth! Remember that old fellow who was 'nailed' at $0.2 back in 2018? Recently, it surged to $3.4 in one breath. You heard it right, this is not an old story, nor is your phone broken; Ripple has finally escaped from 'regulatory hell' and returned to the scene!
To talk about this surge of XRP, we have to start with the long-standing battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. In December 2020, the SEC filed a lawsuit against Ripple, claiming it was an 'unregistered securities issuer'. Since then, XRP has gone from being the darling of the crypto world to a 'marginalized' entity collectively delisted by mainstream exchanges. Once it had the second-largest market cap after Bitcoin, now it's less notable than Shiba Inu, which is truly sad.
But fortunes change, and in July 2023, a U.S. court preliminarily ruled that 'XRP itself does not constitute a security', prompting the Ripple camp to celebrate with fireworks. This verdict pierced the SEC's sacrosanct 'regulatory armor', and the entire crypto community started shouting 'Free XRP!' Since then, XRP has gradually returned to major exchanges, institutions have begun to come back, and liquidity has started to flow in again.
Did you think this was just a simple legal win? Wrong! Ripple's real ace is its deep focus on cross-border payments. XRP features instant settlement and ultra-low fees, perfectly replacing the 'dinosaur-level' cross-border clearing systems. Many emerging countries in Southeast Asia and Africa have quietly integrated XRP into their payment networks; even if Wall Street is skeptical, small countries are slowly accepting it.
Now, what has Ripple been doing over the years? They haven't stopped due to the lawsuit. Instead, they've been quietly laying the groundwork and negotiating collaborations with central banks from over ten countries. It's reported that two African countries have already launched pilot projects, with XRP serving as the foundational protocol, becoming the 'back-end system' for digital sovereign currencies.
Now, with technology, compliance, and market trends resonating together, plus macroeconomic benefits (the Federal Reserve may cut interest rates, the dollar is weakening, and Bitcoin's rise is boosting sentiment), it’s no surprise that XRP is rising. This surge to $3.4 is not about 'blind wealth', but rather a return of value that has been silent for many years.
Of course, there are still differences in the market. Some say 'XRP has long missed the dividend period', while others view it as 'the last stubbornness of old investors'. But let me ask: in a world where ETH focuses on DeFi, SOL targets speed, and TON is working on social public chains, who can remain focused on cross-border payments like XRP has for a decade? It is the 'traditional industry adherent' in the crypto space—though old, it is stable; not flashy, but profound.
Bitcoin is digital gold, ETH is digital internet, and XRP could very well be the transport vehicle for digital dollars.
In this era where 'issuing tokens means running away' is rampant, a steady and solid company like Ripple seems a bit precious. You may not believe in its ability to generate wealth, but don't overlook its capacity as 'infrastructure'.
The next wave may not be the flashiest project, but rather the most 'hardcore' veteran.
#xrp