Currency $XRP

RP (Ripple) is one of the most well-known currencies in the market and is often a topic of discussion during the altcoin season.

Important points about XRP currently:

1. The case with the SEC (U.S. Securities and Exchange Commission):

XRP has been under legal pressure since 2020 due to a lawsuit from the SEC, but there was a positive development in 2023 when the court ruled that the sale of XRP on platforms does not constitute securities. This gave a strong boost to the currency.

2. Real usage:

XRP is used in fast and cross-border bank transfers, with the aim of reducing the cost and speed of transfers compared to SWIFT.

3. Price and analysis:

The price of XRP often moves unexpectedly, but it usually needs strong market support (altcoin season or a significant positive news) to explode.

4. Community ambition:

The XRP community has a strong belief that it will reach high prices like $5 or even $10, but the technical and economic reality must be taken into account.