Why Investors Consider XRP $XRP
1. Strong Purpose — Global Payments
XRP was created not just as a cryptocurrency, but as a tool for fast, cheap international transactions. It was developed by Ripple, which collaborates with banks and financial institutions worldwide.
2. Speed and Scalability
• Transactions occur in 3-5 seconds.
• Transaction cost — less than $0.01.
• Can process up to 1500 transactions/second.
3. Partnerships with Banks
Ripple collaborates or tests XRP solutions with institutions such as Santander, SBI Holdings, American Express, and others.
4. Legal Victory Over SEC
In 2023, the court partially sided with Ripple in its case against the SEC (U.S. regulator). This provided a boost for the growth of XRP's price and increased confidence in the legality of the asset.
5. Low Cost Compared to Potential
Many believe that XRP is an “undervalued” asset. If Ripple wins all its lawsuits and continues to expand, the price could rise significantly.