After the first crypto – Bitcoin – emerged, hundreds of new digital assets were created and rolled out to the crypto market. Not all know this, but the Ripple company started its existence long before the world had heard about Bitcoin.
Ripple is initially focused on quick and cheap remittances supporting different currencies. The platform’s founders reconsidered the popular money-transfer system, Swift, taking money transfers to a brand new level:
- cheap transactions;
- lightning-fast delivery;
- no intermediaries.
Compared with what banking systems offer, this is a truly groundbreaking technology. The XRP token is a key element in Ripple’s money-transfer system. The Ripple price today is $0.39. The rate does not change much because of the ongoing court case with the SEC about the status of the XRP token.
The Ripple ledger is used by:
- Financial institutions (with XRP, they facilitate currency conversion and transfers across borders, providing high-quality service for their customers).
- Developers (based on the Ripple blockchain, they build their products)
- Individuals (people striving to send money quickly and with low fees, use XRP).
Once the Ripple Lab and SEC issues are solved, the project will again develop on a full scale, making more new partnerships and serving more clients worldwide. If that happened, the XRP Ripple price would have all the chances to get to the moon. Experts believe the XRP price may exceed $1.5 in 2025. So take a chance to buy this asset today.
Where To Buy XRP?
The token is listed on all crypto exchanges, but it is crucial to pick the reliable one with a good reputation. That may be, for example, the WhiteBIT platform – the largest crypto exchange in Europe. To get the XRP live price, find the WhiteBIT convener and enter the currency you have and XRP. The platform will display the current price and the fee for the transaction. WhiteBIT offers all popular trading pairs with Ripple, including XRP to USDT, so check it out.