Ripple (XRP) News – Ripple (XRP) can outperform even Bitcoin (BTC) in 2019

Spread the love

One of the cryptocurrencies which refuse to avoid the limelight is ripple (XRP). This is because not just the community but the developers of Ripple (XRP) are closely involved in not just marketing Ripple (XRP) but cheering each and every positive news about ripple (XRP). This is one of the main reasons why time and again, we keep on hearing about new developments in Ripple (XRP). The question is whether these new announcements will bear any fruit.

Ripple (XRP) can outperform even Bitcoin (BTC) in 2019:

The problem with Bitcoin (BTC) is that it relies too much on its credentials as the pioneer cryptocurrency and the most dominant cryptocurrency. From the momentum, it seems like, the dominant position can be challenged, and the other cryptocurrency which will challenge it will gain more momentum. This is one of the main reasons why Bitcoin (BTC) is always vulnerable.

On the other hand, when you look at the fundamental developments in Bitcoin (BTC), you will realize that the pace of development is on the slower side. The scalability issues might be reduced but they certainly are there. At the same point in time, the fees also might be reduced but they are still higher as compared to Ripple (XRP). Bitcoin (BTC) is trying to capture the actual cryptocurrency usage market for transactions. It aims to be a virtual currency rather than develop its own blockchain for other purposes. That is why, unless and until the adoption increases significantly, Bitcoin (BTC) might not see a significant amount of gains.

When you look at Ripple (XRP), you will find that the base of fundamental developments is astonishing. It keeps on launching newer and newer versions of its existing products. It has also launched new products like xCurrent this very year as well. That is why; no one can debate the pace of fundamental development. Moreover, it has a large community behind it as well. Owing to this very reason, any positive news about ripple (XRP) spreads very fast. This is forcing the investors to pay attention to Ripple (XRP) rather than ignore the news.

One thing which is for sure is that more and more banks and financial institutions are using the RippleNet products in order to initiate the cross-border remittances and manage their liquidity. Once the usage of the XRP token increases as well, it will be easy for Ripple (XRP) holders to reap the rich dividends. This is one of the main reasons why it might outperform in the year 2019.

Up until now, the multiple products of Ripple (XRP) like xCurrent, xRapid, and associated products like Coil are gaining a lot of traction as well. That is why newer and newer avenues are being opened up for ripple (XRP). While Bitcoin (BTC) might bounce back as well but there is an increased likelihood that Ripple (XRP) might outperform Bitcoin (BTC) in the year 2019 due to the above-mentioned reasons.

About Riddhi 224 Articles
I am an electronics engineer and follow the crypto space closely.

Be the first to comment

Leave a Reply

Your email address will not be published.


*