Ripple XRP: A look into the future of cryptocurrency
Ripple and its cryptocurrency XRP experienced an eventful 2024. From legal victories to partnerships to major token releases, Ripple has set the course for the future.
Token release and stability In December, Ripple released one billion XRP. Of this, 800 million were locked in escrow accounts until 2028, while 200 million are reserved for future projects. Despite this release, the price remained stable, fueled by the launch of the RLUSD stablecoin.
Expansion plans Ripple sold 470 million XRP from the released tokens - the largest transaction in seven years. CEO Brad Garlinghouse sees XRP ETFs as "inevitable", which raises great expectations for capital inflows in 2025.
Political and strategic partnerships Ripple forged connections with political actors and entered into over 300 partnerships with financial companies. Projects on CBDCs and collaborations, e.g. with SBI Holding in Japan, strengthen XRP's position.
Outlook 2025 Ripple hopes for ETF approvals and increased market adoption. Investors are eagerly awaiting possible price increases.
Stay tuned for the latest developments around Ripple and XRP!
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