XRP has rippled this week

Despite seeing a week of strong markets, falling prices and pessimistic investors, the XRP has continued to push and make progress, despite its still very undervalued. Thanks to falling market prices, the market price of XRP has again surpassed Ethereum, bringing XRP back to second place, far behind the big market leader in Bitcoin. As we know, this switch only occurred towards the end of 2018, but through the beginning of 2019, thanks to a more optimistic market, Ethereum finally took second place. With this in mind, and based on the latest developments, we can see that the XRP is still promising to increase its market value through 2019. We do not expect XRP to take over Bitcoin this year, although it would not be entirely unrealistic to argue that for a few years, it can.

The market host at XRP will grow as more institutions start using Ripple technologies. This is because when Ripple grows and as their services grow, more people are looking to replace their Bitcoin for XRP in the hope that eventually the value of the XRP will increase and provide a good return for investors. In fact, this can happen, given that many believe the XRP should be valued at around $ 1[ads1]0.00, far from today's low value.

Remember that we are not investment advisers and this is not investment advice, therefore we do not say that XRP will hit $ 10.00 anytime soon, it is actually a very long way to go before this happens, We suggest one Today XRP can, assuming Ripple continues to make the positive progress they have made over the past year.

If you decide to invest in XRP, you should do so based on your own previous research. XRP is as volatile as any crypto competition and therefore the risk of investment is high, just investing what you can afford to lose and always remember to shop safely!

What happened this week?

So, as we have said, Ripple has been in the news for a number of reasons this week, reasons that we have reported over the week, but will take some time to get back on.

First, a senior market analyst at eToro, the crypto-trading platform, Mati Greenspan said about XRP, referring to the ongoing security debate that has rooted XRP through 2018. In this, Greenspan explicitly states that the XRP is not a security. You can see our coverage of this story for yourself, here .

"Greenspan was asked for his view of the symbol he confirmed that he is still bullish on the payment broker. In a webinar he said the token could interfere with the entire banking system and also argued that the XRP should not be classified as a security in the United States. On top of that, Greenspan said its features are more like a tooltip. Greenspan said that XRP is not a security, in my personal opinion. My best understanding is XRP is logically a tool token [but] SEC can see things differently. 19659011] Will the SEC categorize XRP as a security mark? We do not know, as it stands, no one really knows what is going on with this, so we just have to hope that 2019 finally gives a conclusion to this long and drawn the episode of crypto regulation.

CEO of Ripple, Brad Garlinghouse this week announced that more and more major banks are now starting to adopt Ripple's technology. Granted, this is not directly related to XRP, but it means that Ripple continues to lay the foundation on institutional level, which in turn has only a positive impact on XRP. See our full coverage of this story for yourself, here .

"Garlinghouse predicted that there were so many banks that would eventually turn to the Ripple platform. The Ripple CEO made a big prediction at the Money 20/20 European Fintech conference in Amsterdam by saying that there is a large number of banks that enter the Ripple network and say that I have publicly stated that at the end of the year, All have confidence that large banks will use XRapid as a liquidity tool. "

And finally, great news from the Middle East – Kuwait Finance House, one of the largest banks in the Middle East, has announced a new partnership with Ripple that promises to have a major impact on the decision of Ripple's technology across Asia – covered by Crypto Daily :

"Kuwait Finance House is one of the largest Islamic banks around the world, and it was the first Arab nation's first bank to work with RippleNet, a corporate money transfer network. ent on Finance House uses Ripple's enterprise software solution that allows banks to settle cross-border payments immediately with end-to-end tracking, xCurrent. "

At home the message here is that even when the markets fall, cryptocurrencies can still make progress. Hold on, hold on and keep your eyes on the prize!

Crypto Revolution Giveaway

Have you heard? Crypto Daily has launched its latest Ethereum giveaway, one set to inspire the start of a new crypto revolution!

Click here for more information

Click here to take part!