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Who came up with XRP?
XRP is a cryptocurrency and the native token of Ripple, founded in 2011 by Jed McCaleb and Chris Larsen. XRP is premined and has a total supply of 100 billion tokens.
Who owns a lot of XRP?
Binance controls 38.5% of XRP, with the remaining amount distributed on other platforms. Notably, XRP is supported by BNB Smart Chain (BSC), previously the Binance Smart Chain blockchain network. The network also supports smart contracts and decentralized applications (DApps).
Which country owns the most XRP?
Cryptocurrency World Map – Search interest by country
| Top XRP Countries | |
|---|---|
| 1 | South Korea |
| 2 | Japan |
| 3 | Ireland |
| 4 | Slovenia |
Does XRP have a future?
A scant handful of experts predict that XRP can reach $10 in the near future — if ever. If the bear market reverses, XRP could follow the trend of bitcoin and begin to rise again. According to Trading Education, experts agree that $10 or even $25 is achievable for Ripple.
Who is XRP biggest competitor?
Ethereum Foundation Ethereum is the best secure block chain based secure crypto currency platform.
Is XRP going to be used by banks?
Many international banks are integrated into RippleNet. Any bank joining the network can access several other banks to trade with. Therefore, XRP offers market access to participating banks and their customers.
Will XRP be used by banks?
Many international banks are integrated into RippleNet. Any bank joining the network can access several other banks to trade with. Therefore, XRP offers market access to participating banks and their customers.
Will XRP ever be used by banks?
Despite many challenges posed by adopting blockchain technology for international banking, XRP holds a strong position in this industry. There are many use cases for the blockchain, and it is used by many banks due to its operational benefits.
Can XRP reach $10?
Can XRP Reach $10? A scant handful of experts predict that XRP can reach $10 in the near future — if ever. If the bear market reverses, XRP could follow the trend of bitcoin and begin to rise again. According to Trading Education, experts agree that $10 or even $25 is achievable for Ripple.
Will banks use XRP?
Many international banks are integrated into RippleNet. Any bank joining the network can access several other banks to trade with. Therefore, XRP offers market access to participating banks and their customers.
Is XRP or Cardano better?
Cardano is intended for general use, whereas XRP is designed for private banking use. Ripple is also focused on offering an efficient value transfer, while Cardano is primarily focused on fueling a robust ecosystem of decentralized applications, or dApps.
Is XRP a strong buy?
If you're looking for a low-cost way to begin investing in cryptocurrency, XRP might be a good option due to its growth potential. Be prepared for the coin to dip or spike sharply based on the final SEC court judgement.
What is the highest XRP can go?
Trading Education, which is bullish on XRP's long-term future growth, likens the platform to a Visa competitor by the end of the decade. The site predicts that XRP could reach a high of $31.81 by the end of 2030.
How many XRP are left?
Ripple's website showed the company held about 5.56 billion XRP coins, as of 4 September 2022. A total of 44.6 million of Ripple's XRP were still in escrow accounts….Who are the biggest XRP holders?
| Long position overnight fee | -0.0500% |
|---|---|
| Overnight fee time | 22:00 (UTC) |
| Spread | 66.00 |
•Sep 30, 2022
Will Ripple reach $50?
The cryptocurrency known as Ripple, officially called XRP, is one of the crypto assets that is aiming to shake up an entire industry – namely, the cross-border payments industry….Conclusion: Is Ripple a Good Investment and What is the Future of Ripple?
| Year | Potential High | Potential Low |
|---|---|---|
| 2024-2025 | $50 | $8 |
Will XRP overtake bitcoin?
XRP is unlikely to ever overtake Bitcoin or even reach a similar level of both fame and profitability.
What will XRP be worth in the future?
Conclusion: Is Ripple a Good Investment and What is the Future of Ripple?
| Year | Potential High | Potential Low |
|---|---|---|
| 2021 | $12 | $0.40 |
| 2022 | $12 | $1 |
| 2023 | $9 | $5 |
| 2024-2025 | $50 | $8 |
Is XRP a good investment?
XRP has gained the trust of both financial institutions and investors, which could make it a more reliable, stable investment than some other alt-coins. Additionally, XRP has a finite number of coins, unlike some other cryptocurrencies, where tokens are constantly being created and mined.
Will banks ever use XRP?
Despite many challenges posed by adopting blockchain technology for international banking, XRP holds a strong position in this industry. There are many use cases for the blockchain, and it is used by many banks due to its operational benefits.
History – XRPL.org
https://xrpl.org/history.html
In 2011, three engineers—David Schwartz, Jed McCaleb, and Arthur Britto—began developing the XRP Ledger (XRPL). Fascinated by Bitcoin, they set out to …
Ripple (payment protocol) – Wikipedia
https://en.wikipedia.org/wiki/Ripple_(payment_protocol)
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.
Who invented Ripple XRP? – Quora
https://www.quora.com/Who-invented-Ripple-XRP
Jed McCaleb, Arthur Britto, Chris Larsen, and I created what is now called XRP when we launched what is now called the XRP Ledger.
Ripple (XRP): What It Is, History and How to Buy – SmartAsset
https://smartasset.com/financial-advisor/ripple-xrp
Released in 2012, it was created by the U.S.-based technology company Ripple Labs Inc. and validated by independent servers.
Who Made Ripple: A Look At The History Behind XRP – Rain
https://www.rain.com/learn/who-made-ripple-the-creators-of-xrp
If we look at the bigger picture, the history of Ripple goes back to 2004-2005, when Canadian programmer Ryan Fugger developed a payments solution called …
What is XRP (XRP) | History, Roadmap, Economics – Messari
https://messari.io/asset/xrp/profile
XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple’s xRapid …
Ripple (XRP): A beginner's guide to the digital asset built for …
https://cointelegraph.com/blockchain-for-beginners/what-is-ripple-a-beginners-guide-for-understanding-ripple
OpenCoin’s co-founders Jed McCaleb (who also founded Mt. Gox), Arthur Britto (who helped develop the XRP Ledger) and Chris Larsen (who founded several fintech …
What is XRP? And what does it have to do with Ripple?
https://cointelegraph.com/altcoins-for-beginners/what-is-xrp-and-what-does-it-have-to-do-with-ripple
Ripple was created to work with the XRP community to boost its use cases. It created numerous offerings over time, allowing the cryptocurrency to be used for …
What Is Ripple? What Is XRP? – Forbes Advisor
https://www.forbes.com/advisor/investing/cryptocurrency/what-is-ripple-xrp/
XRP is a cryptocurrency that runs on the XRP Ledger, a blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz. McCaleb and …