Ripple is a cryptocurrency project that was created even before the world first heard the word Bitcoin.
The creators of the project desired to develop a product for people to lend, borrow and exchange crypto assets directly, without intermediaries.
In fact, the project has taken trading to a whole new level. As you know, the more advantages a project offers in the market, the more likely it is to be the best.
So we would like to dedicate this article to Ripple and its special features and see what experts think about its future.
More than $155 trillion in cross-border payments are made worldwide every year. The Ripple developers intend to make Ripple the leading intermediary in this space.
Advantages of Ripple:
- Fast cross-border settlements
- Low commissions
- Fast transactions
- High security
XRP is a native Ripple crypto that serves to convert other currencies and proceed with money transfers. As of September 2022, the Ripple price is $0,38. The project has numerous partners around the world.
Standard Chartered Bank, BBVA and many others. This support means there is a lot of confidence in Ripple, and the number of partners will only grow over time.
What Does Ripple Future Look Like?
Crypto experts have analysed the past Ripple price movements and came to the conclusion that by 2025, the XRP Ripple rate may reach $1,6. Looking forward to 2030, the analysts estimated the price of around $9,16.
It is important to note that the Ripple company has been in legal proceedings with the SEC for a few years now.
Those proceedings are the main reason why the Ripple crypto does not show a significant increase even when the rest of the market is on its upward trend.
So if the legal proceedings are over, the project has great chances for its token price growth.