#CryptoRegulation
#XRP's price by 2025 could range between $1.80 and $10. Key factors include the outcome of the SEC lawsuit, global market adoption, and tech developments like RippleNet integration.
In 2011, three engineers—David Schwartz, Jed McCaleb, and Arthur Britto—began developing the XRP Ledger (XRPL). Fascinated by Bitcoin, they set out to create a better version that improved upon its limitations—with the goal of creating a digital asset that was more sustainable and built specifically for payments.
The XRP Ledger first launched in June 2012. Shortly thereafter, they were joined by Chris Larsen, and the group started the Company NewCoin in September 2012 (quickly renamed OpenCoin and now named Ripple).
The XRPL founders gifted 80 billion XRP, the platform’s native currency, to the company. #Ripple has since put the majority in escrow.