Author: changehero
February 9, 2022

XRP was designed to become a means of quick global value transfers, but became a subject of a legal battle for several years. In this article, we will have a look at what might happen to Ripple’s XRP in the future and share the top XRP price prediction for 2022 and beyond. All XRP Price […]

XRP Price Prediction for 2022, 2025 and 2030

XRP was designed to become a means of quick global value transfers, but became a subject of a legal battle for several years. In this article, we will have a look at what might happen to Ripple’s XRP in the future and share the top XRP price prediction for 2022 and beyond.

All XRP Price Predictions

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  • In 2022, analysts expect XRP to continue its rally and break out of a downtrend. The bullish impulse can take it above the current ATH of $3.48 but if it fails, the support of $0.7 is a level to keep an eye on;
  • The probability of a new bull run in the next three years is low according to the forecasts but by 2025 XRP can eventually grow up to $15;
  • At the end of the decade, in 2030 XRP is predicted to trade for somewhere between $7 and $12.

What is XRP?

XRP is the name and ticker of cryptocurrency that was released in 2012 by Ripple, a San-Francisco based fintech company. While the company uses the currency in its products for corporate and financial institutions, XRP and its ledger are open-source and decentralized.
XRP is a bridge between banks or money transfer providers for instantaneous and virtually costless money transfers, replacing prepaid accounts in a foreign currency. The transactions on the ledger are confirmed within seconds, in comparison to an average remittance taking 3 to 5 business days.
XRP is deflationary, pre-mined and for the time being the XRP that are not in circulation are stored in an escrow account regulated by the smart-contract. The liquid supply is 41,602,126,647 while the outstanding supply is little short of 100 billion (99,989,673,274.51 XRP).
To learn about Ripple and XRP in more detail, check out our Beginner’s Guide to XRP on it!

XRP Price History

XRP Price in 2013–2016

At the end of 2013, one of the first price spikes for XRP during this period occurred. It lasted from late November to December, reaching $0.028 but correcting itself over several months. This movement took XRP’s price up by almost 400%. Almost exactly a year later, the same pattern repeated itself, taking XRP price up from $0.005 in November 2014 to $0.027056 at its peak a month later.
During other times, the XRP price moved between $0.005 and $0.009, two significant levels for almost two years. The support was breached only for a brief time in December 2015 and January 2016. This period closed at $0.006449 per XRP.

XRP Price in 2017–2019

XRPs price once again had a spike in value in late 2017 and early 2018. This time, however, it also corresponded to a massive increase in the cryptocurrency market. 
The spike was actually a culmination of a rally that started in mid-2017. On December 10, 2017, right before the price spike, XRP was at $0.239 and just a few weeks later, XRP hit $3.48 on January 4, 2018, which is the current ATH. 
From there, though, XRP dropped with a few peaks and valleys along the way, briefly going back up to $0.837 on April 21. The asset was back at $0.358056 on the closing day of 2018, worth ten times less than at the beginning of the year.
2019 was not as turbulent but for the investors XRP did not show promising results. The year closed with an almost 50% loss, going down from $0.353771 to $0.194349.

XRP Price in 2020-2022

In the bull market of February 2020, XRP managed to climb to $0.349789, but the fall in March was as drastic. On March 12, XRP price dropped to $0.115093, 60% down from the year’s high. 
A brief bullish market in August 2020 almost closed this gap but it was not until November that XRP’s price really took off. It could have reached higher than $0.6921 if the US Securities and Exchange Commission did not subpoena Ripple.
Nevertheless, each new development in the case brought back the confidence and XRP rallied with the crypto market in 2021. At the peak of it, in April 2021 XRP was worth $1.8392.
From there, it formed a clear downtrend, and 2021’s closing price for XRP was $0.8396. 2022 so far was continuing this downtrend, until very recently.
At the moment of writing, XRP ranks 8th by market capitalization in the CoinMarketCap rating. The price of 1 XRP is $0.8552.

What Influences the XRP Price?


For a project like XRP, which was developed with a clear use case and for a certain group of users, adoption is key to its relevance.
Active users of the On-Demand Liquidity (ODL) solution include Bitstamp and Bitso, which use it for cross-border transfers. These exchanges recently amped up their liquidity represented in XRP by 20 million each.
In a Q4 2021 report, Ripple revealed the growth of ODL-related purchases from $491 million in Q3 2021 to $1.039 billion in Q4 2021.

Tech Updates

Closely tied to the previous factor, network updates often become a catalyst for more short-term XRP price swings. In January, RippleX team launched a XLS-20 devnet for native non-fungible tokens on XRP Ledger.
The updates and features that involve XRP can happen on adjacent networks, too. Cross-chain bridge Allbridge integrated XRPL, making it interoperable with Ethereum, Avalanche, Solana, Terra, Polygon, Fantom, Binance Smart Chain, Celo, Aurora, Harmony and Heco.

Legal status

Ripple’s XRP is in the middle of an ongoing legal battle with the US Securities and Exchange Commission for its status. If XRP is ruled out as a security, then Ripple has been providing unauthorized financial services.
According to the defendants, the prosecution does not have a strong enough base for the claim. Other cryptocurrencies, such as Bitcoin and Ethereum, are not deemed securities, and it will be impossible to prove whether there was a secondary market in the US.


The aforementioned subpoena didn’t merely cause a dump in XRP price in late 2021. It cost Ripple some of their key partnerships with ODL users as well.
In 2019, Ripple and money transfer service provider Moneygram entered a two-year partnership in which the latter would use Ripple’s solutions for cross-border transactions. In late 2021, however, this partnership was ended, coinciding with the SEC lawsuit.

#XRP on Twitter

Real-time news feed Watcher.Guru reports on a rally happening in XRP at the moment. The fuel to the fire seems to be the progress in the Ripple vs. SEC case.

To give you an idea how fast XRP is blowing up, here is a chart shared by CryptoDude.

Credible Crypto provides more analysis of the price movement. The XRP position seems to be solidifying and breaking out of a downtrend.

XRP Price Prediction for 2022

YouTuber Dereck Plaza gave an exhaustive analysis of the XRP charts to see what’s next. He considers the combination of a +20% in a day move and increased but not significant volume to be bullish.
Nevertheless, XRP’s relative strength index is in an oversold area across all time frames, so it needs to cool down first. The support levels to keep an eye on are in sequence $0.80, $0.78, $0.75 and $0.70.
What is the bullish scenario then? In his opinion, the $0.58 bottom is in, and there is a double bottom pattern forming. If it plays out, some time in February to April XRP can beat its current ATH of $3.84.
The same prospects are painted in the XRP price prediction for 2022 by CryptoNewsZ. They are citing more fundamental reasons, such as institutional interest in XRP, evidenced by the Grayscale trust.
Kelvin Maina provided InvestingCube with his analysis, accounting for both upside and downside moves. He anticipated the breakout to $0.87, and from there the price can go up to the resistance of $1.10 or the support near $0.70.

Ripple XRP Price Prediction for 2023

Prediction service by the TradingBeasts website forecasts some volatility for XRP in 2023. In mid-year, it will be trading lower with the predicted minimum of $0.8360 but grow until the end of the year up to $1.3913.

Ripple Price Prediction for 2024

Even less bullish prospects are seen in the prediction by Long Forecast. January 2024 will start on a high note and even see XRP for $1.04 a piece, but by October its price will go down to $0.47.

XRP Price Prediction for 2025

Prediction service Crypto-Rating claims that by 2025, Ripple’s solutions using XRP will secure a $1 trillion+ market cap for the coin. With the outstanding supply of 100 billion, that means $10+ per XRP, and their projections put the target closer to $15.
And now for something more positive and as likely. Ripple’s expansion into foreign markets, for example, Latin America or Europe, will boost adoption and price increase. With that in mind and taking into account the analysis of Crypterium, the level of $4.5 per XRP is forecast to be reached in five years.
A third source is equally bullish on XRP but moderate in targets. The Up to Brain analysis has confidence in adoption of XRP but does not see it beating the current ATH.

XRP Price Prediction for 2030

With the available data, it is still not reliable to project for the end of the decade, which is roughly the same as the lifetime of the entire crypto market. 
Some suggestions for how much XRP will be worth point at $17 or even $20.

ChangeHero’s XRP Price Prediction

XRP is a project with a reputation largely reliant on Ripple, a proven disruptor but laden with controversy at the same time. Should Ripple’s efforts to promote XRP’s adoption result in a success, the currency has all the chance to become the first globally acknowledged supplement to cash.

How to get XRP on ChangeHero?

If you already have crypto, you can use it to buy XRP on ChangeHero, it’s very easy:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your XRP wallet address and memo in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
  4. All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives. 
    • The Best Rate transactions will use the rate current to the time when your funds arrive.
      The Fixed Rate will use the rate at the time of step 1;
  5. As soon as the exchange has been processed, your XRP are on the way to your wallet. 

ChangeHero’s customer support is available 24/7 in the chat on our website or through the email: [email protected].


The near-term future of XRP hinges on the SEC vs. Ripple case. Should they defend their ground, XRP is on track to finding real world adoption.
What do you think about these predictions? Let us know in the comments in our blog or in our social media: Twitter, Facebook, Reddit and in Telegram.

Frequently Asked Questions

[sc_fs_multi_faq headline-0=”h4″ question-0=”What is XRP?” answer-0=”XRP is a cryptocurrency developed by Ripple and independent contributors. XRP uses a token of the same name for transactions in the network.” image-0=”” headline-1=”h4″ question-1=”What will XRP be worth in 2022?” answer-1=”According to different analysts, in 2022 the XRP price can beat its current ATH of $3.48 or see a correction to $0.7.” image-1=”” headline-2=”h4″ question-2=”What will XRP be worth by 2025?” answer-2=”Depending on the source, XRP is expected to be in the range between $3 and $15 in 2025.” image-2=”” headline-3=”h4″ question-3=”What will XRP be worth in 2030?” answer-3=”By 2030, XRP is estimated to be worth up between $7 and $12.” image-3=”” headline-4=”h4″ question-4=”Is XRP a good investment?” answer-4=”Most of the experts have high confidence in XRP but following XRP news might be a good idea.” image-4=”” count=”5″ html=”true” css_class=””]


This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investitions in cryptocurrencies only after careful consideration and analysis and at your own risk.

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Author: changehero
June 24, 2020

Ripple epitomizes the potential that cryptocurrencies have in transforming finance and economy. It is quite hard to believe that while the society experiences exponential growth in the digital era, finance, one of the most essential stalwarts or daily life, is sorely lagging behind. While some projects ambitiously aim for remaking finance as we know it, […]

What is Ripple and XRP by ChangeHero

Ripple epitomizes the potential that cryptocurrencies have in transforming finance and economy. It is quite hard to believe that while the society experiences exponential growth in the digital era, finance, one of the most essential stalwarts or daily life, is sorely lagging behind. While some projects ambitiously aim for remaking finance as we know it, Ripple’s mission is to assist the existing system with catching up to the times, and for that they’re using the power of cryptocurrencies. In this guide, ChangeHero will introduce Ripple and XRP and tell you all about the project in simple terms.

What is Ripple and XRP?

Ripple is a San-Francisco based financial enterprise that includes Ripple Labs, the developers of the technology behind the Ripple Network. Ripple is also used as an umbrella term for this network that encompasses all solutions developed by the company.

XRP is the network’s native currency, used as a currency-agnostic intermediary for on-demand liquidity (ODL) transactions. ODL’s main use case is cross-border payments and remittances, which otherwise take a few business days to be processed and have high fees associated with them.

How did Ripple start?

The development of what would become Ripple started in 2004, even before Bitcoin. Ryan Fugger developed RipplePay, a predecessor to XRP Ledger. The idea behind this technology was a peer-to-peer financial network that would replace banks, based on tracking debt through independent network participants who would confirm the validity of a transaction.

In 2011 and 2012, the initial team of OpenCoin, which would later be renamed to Ripple Labs, came together. Among them were Jed McCaleb, Arthur Britto, David Schwartz, Chris Larsen and Jessie Powell. McCaleb would later move on to MtGox and Stellar, Powell would go on to found Kraken, but at the time all of them started to build on what Fugger had developed.

XRP’s release happened in 2012. The currency was pre-mined and would never see addition to its 100 billion supply. 20 billion XRP were retained by the creator team, the rest was gifted to OpenCoin. By contemporary standards, OpenCoin scored a relatively small ventures budget, so to sustain long-term support of XRP Ledger and the company, this decision was made. Later, Ripple Labs would employ an escrow account, regulated by a smart contract which controls the circulation of XRP, to prevent any artificial manipulations on the market.

What is RippleNet?

For institutions, Ripple offers a network which gives them access to the features developed by the company, called RippleNet. RippleNet consists of network users, such as SMEs or small banks, that only send the funds across the network, and network participants that provide liquidity and sustain validators. RippleNet provides real-time settlement, instant messaging, on-demand liquidity, and secure and transparent value transfers.

For banks, being a part of RippleNet means the opportunity to provide real-time cross-border payments and remittances. Other partners on the finance transfer market include American Express and MoneyGram. Online platforms like goLance get improved international payments for their global talent marketplace.

What is XRP Ledger?

XRP Ledger, or XRPL, is the decentralized network on which the Ripple solutions are supposed to be implemented, though it is mostly required for On-Demand Liquidity.

There are no incentives to run a node, even a trusted one. Participating in the network as a trusted validator from Unique Node List, or UNL, comes with the participation in RippleNet, which is supposed to be a reward on its own. Ripple controls some of the nodes that participate in the consensus process, though they claim to deactivate some of them with inclusion of new independent trusted nodes as a part of their decentralization strategy.

Ripple uses XRPL mainly as an enterprise-focused solution but XRP Ledger can be put to use in other industries. Ripple developed the Xpring initiative to provide developers with the tools to build applications for XRPL that can be put to use in online shopping, gaming and media monetization.

How does Ripple and XRP work?

Ripple is geared toward use by financial institutions, such as banks, therefore instead of a trustless approach they build their entire network on trust. The list of trusted validator nodes which can participate in consensus voting is maintained by the community: contributors to XRP Ledger and Ripple Labs.

A standard remittance takes 3 to 5 business days and needs pre-funded accounts on both sides. In case a transfer involves currency conversion, banks and transfer providers can apply retail conversion rates, which are designed to yield profit to the bank at the expense of a customer. Even worse, when the receiving bank or provider does not own liquidity in the destination currency, they might involve an intermediary to convert it, which also applies their own fees, making the transfer even more costly.

The information about a transaction is sent to trusted operators to confirm, which then additionally refers to other validators – hence the name of the technology. Source: Peter Grima on Flickr

How does XRP help process transactions faster and cheaper? By transferring value through a decentralized network that is available 24/7, the need for operating within business hours or time zone difference is alleviated. A transaction is cleared within seconds thanks to the unique consensus protocol — XRP Ledger Consensus Protocol, which sends the information about a transaction to trusted operators to confirm, which then additionally refers to other validators – hence the name of the technology. It can be done with a negligible fee that exists solely to prevent spam in the network. XRP is supposed to be the currency-agnostic liquidity source for the receiving side, so it wouldn’t need a prepaid account in the destination currency.

What makes XRP stand out?

As it was already mentioned, XRP is the native currency on XRP Ledger. To sum it up briefly, XRP is:

  • Pre-mined and released by a smart contract — cannot be mined or staked;
  • Deflationary — transaction fees are burned away. The actual current supply is already at 99,990,932,726 XRP.
  • Instant — the ledger close interval (the closest analogy to a block time) on average is 3 to 4 seconds, and a transaction is irrevocably broadcast to the rest of the network.

To be able to submit transactions to the network, a reserve is required. The base reserve at the moment is 20 XRP, and in some cases, for instance, to use additional services, an owner reserve of 5 XRP is required on top of that.

What are the downsides to Ripple and XRP?

Ripple and XRP receive a lot of criticism to this day, mainly for the dubious approach to distinguishing the relationship between the enterprise and technology. For instance, back in 2017 journalist and XRP apologist Cory Johnson comparing the relationship between Ripple and XRP with Chevron and oil, referring to them never making it but rather finding an application to it, had left the users scratching their heads, to put it lightly.

Ripple’s business model and XRPL’s network architecture also received criticism in the past. The fact that this project still goes strong for eight years already casts a shadow over the allegations of unsustainability of both structures.

What is XRP’s worth?

To be a means of value transfer, XRP would need to have value itself. Considering the investments into the ecosystem and the large circulating supply, a single XRP’s value comes up to fractions of a dollar.

XRP price chart from 2013 to 2020
Source: CoinMarketCap

For the most part of its lifetime, XRP cost much less than a single dollar. Before 2017, it rarely reached the levels of 3 or 4 pennies.  Most of the time after 2017 it changed hands at prices ranging from $0.10 to $0.50. On January 4, 2018, however it soared up to $3.87.

Today (at the time of writing) 1 XRP is worth $0.191437. There are 44,257,803,618 XRP in circulation and it ranks fourth by market capitalization ($8,472,601,345).

How to use XRP?

Where to store XRP

Just like any other cryptocurrency, XRP is supposed to be stored in a cryptocurrency wallet. Being a top-5 cryptocurrency, XRP is supported by most of the multi-currency wallets.

There are a few types of wallets, available on different platforms:

  • Cold storage wallets. Trezor is accessible by connecting the device to a desktop computer and CoolWallet S is a mobile hardware wallet;
  • Hot cross-platform wallets. These include Exodus and Magnum, for example. You can install Exodus applications for your desktop computer and on your mobile device. Magnum is available in browser and as an Android app, and can serve as an interface for interacting with hardware wallets.

In all of these you can use an in-app exchange function provided by ChangeHero integration.

Where to spend XRP

Technically, XRP was never designed to be a means for purchasing goods and services. Anyway, it is integrated into some crypto payment gateways like Coinpayments, Bidali and CoinGate, and some merchants accept it without any intermediaries. In the shops that accept XRP you can buy a custom graffiti merch, original paintings, hot sauce and crafted scented candles, to name a few options.

If you would like to put some XRP to use and only need to get it, ChangeHero is here to help to provide you with the best rates and user experience for your exchange to XRP. Give it a try now — you won’t even need an account.

What are the future prospects of Ripple and XRP?

In a recently announced CNBC’s Disruptors 50, Ripple ranks 28th. According to the entry, the company got there thanks to the potential of Ripple Network, as well as RippleNet’s extensiveness. With 300 partners on board with large names like American Express, Santander and MoneyGram, Ripple is acknowledged for its potential to innovate the financial sector, CNBC says.

Ripple standing in the 28th position in CNBC's Disruptors 50 list.
Source: Twitter

Earlier this year, there was news that Ripple might conduct an IPO of their own. After all, Ripple is a separate entity from XRP Ledger. Still there were concerns that it would mean loss of support for XRP from Ripple, but since February there were hardly any updates, if at all, so the anxiety was not so justified.

As for Ripple, they plan to continue their business expansion to deliver the global money transfers. And for the XRP to make it possible, some legal concerns, like its status as an asset, would have to be settled first.

XRP and Ripple on Social Networks

XRP has a supportive community on crypto Twitter who call themselves #XRPArmy. Recently, at least according to information from, XRP hit a new ATH — this time, in Tweets with #XRP per day. Congratulations!

Recently, XRP saw an all-time high in the number of tweets posted per day.

The last week was pretty good for XRP Army in terms of news: in addition to getting support from ex-Commodity Futures Trading Commission in its ongoing battle for the legal status of XRP, Ripple kept announcing new partnerships.

Brad Garlinghouse, CEO of Ripple envisions that sending money should be as easy as email.
Source: Twitter

PayID is supposed to unite global companies for the finance interoperability efforts. Ripple is joined by Wyre, Coil, BitGO, and, and certainly has something to contribute to such a cause.

In the light of such developments, the bullish voices are as loud as ever.

In Conclusion

XRP is definitely a cryptocurrency worth keeping an eye on. 2020 might as well be the year when XRP gets back on its feet after a less than desirable performance in 2019, with the recent hopeful news and renewed vigor from the community. As for Ripple’s promise to innovate finance — as always, we will have to wait and see. Love it or hate it, XRP and Ripple are one of the most prominent figures in the crypto landscape.

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Author: changehero
January 9, 2020

Not many blockchain projects can boast a goal as ambitious as revolutionizing the entire financial sector — but Ripple can. Not every currency has seven years under its belt and currently third-largest market capitalization — but XRP has. Both Ripple and XRP are incredibly intriguing and worthy of attention, and not only because of their […]

Ripple & XRP: The Internet Of Money by ChangeHero

Not many blockchain projects can boast a goal as ambitious as revolutionizing the entire financial sector — but Ripple can. Not every currency has seven years under its belt and currently third-largest market capitalization — but XRP has. Both Ripple and XRP are incredibly intriguing and worthy of attention, and not only because of their scale and size. In this article, we are going to tell you about more reasons to watch these two closely.

Long before Ripple, there was Ripplepay, developed by Ryan Fugger — a peer-to-peer payment platform where users were able to issue credit, a system of debt money. This idea later will take the form of On-Demand Liquidity, an integral part of RTXP — Ripple Transaction Protocol. Ryan would later help Jed McCaleb and Chris Larsen found OpenCoin and launch Ripple in 2012.

In the big picture, Ripple’s mission is to make blockchain to value the same thing as the Internet is to information today — a means of fast, reliable and transparent transfer. Their stance is to help centralized parties like banks and governments adopt blockchain solutions. Ripple Labs have seen some success, with a few banks and major institutions, like MoneyGram, American Express, PNC, Santander, SBI Remit and BeeTech, putting their products into use.

Even with the advent of the Internet and fintech, the banking system remains largely the same as it was dozens of years ago. Global remittance is steadily increasing, therefore, the demand for the facilitation of the process of sending money overseas should obviously be there. However, remittance is largely hindered by existing regulations regarding AML and compliance procedures, so much so that many banks offer wire transfers only. This is why Ripple Labs have come up with a solution.

The largest and most ambitious project of Ripple Labs is RippleNet — global exchange network, one of the main purposes of which is instant cross-border payments and exchanges. The technology that allows RippleNet to be used for it is built on top of a public ledger database called XRP Ledger. The network is designed to be used by banks and financial institutions, with XRPL’s native currency, XRP, acting as a bridge between borders and currencies.

XRP - Ripple - ChangeHero
Source: Ripple

Let’s say you’re making a remittance with one of the RippleNet participants, like American Express or InstaReM. They accept the sum you wish to transfer at the gateway, convert it into equivalent sum in XRP and transfer it over the blockchain as an IOU. At the destination gateway, the XRP is converted into fiat currency supported by that gateway, and the recipient gets the money you sent. On the surface level, the start and the end result of the operation are the same as a usual money transfer, but this transaction also requires way less time and fees.

Not only money transfer operators can make use of this system, but bigger financial institutions as well. The major hurdle at the moment seems to be the regulations, but with Ripple Labs’ Unique Nodes List and their general stance on keeping the ecosystem in check, this can be eventually overcome.

XRPL is open-source and not centralized. The ledger works using RPCA — Ripple Protocol Consensus Algorithm — with the help of validator nodes. For each transaction, the network creates a poll, in which nodes participate. If the necessary majority approves the transaction, the consensus is reached and it is carried out. The name “Ripple” comes from the idea of the algorithm checking transactions by using expanding levels of trust — like ripples on water. To quote Rome Reginelli, Documentation Engineer at Ripple: “…insight at the core of the XRP Ledger’s design is that a little bit of trust goes a long way”. This unique mechanism helps sustain the decentralized network and makes the confirmation faster than on any other major blockchain, let alone centralized financial network.

Instead of money, the ledger keeps track of debt or IOUs, and since transferring information about debt is faster than transferring actual value, the transactions are made within seconds. XRP in this process acts as a source of On-Demand Liquidity. Another feature of the coin is that it does not discriminate between one currency and another, being universal. But how is value in this system converted to IOU and back? This is where gateways come in. Each currency has one, and by using a certain gateway, the user grants their funds and trust to it.

At the moment of writing, XRP is capped at $8,921,479,365 and is sold for $0.205 according to CoinMarketCap.

Despite the claims that XRPL is independent from Ripple Labs, market players are concerned that its original developers have too much potential influence on the coin. Out of the existing supply of almost 100 billion XRP, most of it belongs to Ripple Labs. Besides, theoretically, there is nothing stopping Ripple Labs from introducing, even more, XRP to the market — except for the community’s trust. Finally, Ripple Labs keeps a so-called Unique Node List — basically, a list of trusted validators. With a list like that, it could be possible to force changes to the network bypassing the community, which is what decentralization is supposed to oppose.

Ripple is all about transfer solutions and has a wide spectrum of applications. Previously split into three different products: xCurrent, xRapid and xVia — Ripple has been merged into one. Now it encompasses solutions that do not necessarily rely on XRPL and XRP. For example, a solution, previously known as xCurrent, can be used for p2p messaging, encrypted validation and inter-ledger operations. These features are indeed being used or tested by financial institutions.

XRP, however, is used exclusively for transactions, by design. Sure, On-Demand Liquidity is a great concept, but not a lot of institutions are willing to risk and introduce it to their operational process yet. The reason for that is XRP’s value is based on its utility, but since at the moment the network is seldom used at the global scale, there is little use — hence, value — to XRP as well. Unless this cycle is broken, the prognosis is not too bright. As for the market, some experts claim that since the crypto industry is too young, the conventional market prognosis principles are not applicable here, so fluctuations do not necessarily spell doom for the coin. Some also say that XRP might have a bright future.

For now, there are not a lot of announcements of some grandiose projects to be launched in the future for RippleNet or XRPL and the community seems to be focusing on the implementation of their networks.

The partnership with Moneygram, who proves to be diligent partners to Ripple, gives the apologists hope that XRP will reach wider adoption in the future and the expansion of the network. More and more ODL-using channels emerge in Ripple’s growing partner list.

Regarding XRP, like we already quoted, the price dynamics for crypto should not be judged on the same terms as with traditional markets, so the coin has all the chances to shoot up in price. The point of XRP is to be used and valued for utility rather than be seen as another commodity. For the crypto to be adopted, users have to embrace its practical use rather than try to make a profit from it.

Though Ripple has seen considerable success in merging blockchain and traditional financial institutions, it is evident that the complete potential of it is not being put to use, at least at the moment. If these prospects come to be, banks could be revolutionized with the help of blockchain technologies, meaning transformation for the entire financial sector. The dream of transferring money as fast (and cheap!) as sending a message on the Internet would no longer be a dream.

Did you know that you can exchange XRP on ChangeHero without any account? Give it a shot here.

Author: changehero
September 12, 2019

In recent times, Ripple gained a lot of traction in the crypto community due to its promising partnerships with global financial companies like MoneyGram, American Express, Santander, and many others. Ripple’s technological advancements are arguably revolutionizing the cross-border transactions and the payment protocol has many achievements under its belt. So, what makes Ripple play a special role […]

XRP price prediction 2019

In recent times, Ripple gained a lot of traction in the crypto community due to its promising partnerships with global financial companies like MoneyGram, American Express, Santander, and many others. Ripple’s technological advancements are arguably revolutionizing the cross-border transactions and the payment protocol has many achievements under its belt.

So, what makes Ripple play a special role in the world of blockchain technologies? Will Ripple fare well in the near future?

ChangeHero made a short investigation of the coin’s price forecast for the fourth quarter of 2019.

What is Ripple?

Ripple is an open-source protocol, that functions as a peer-to-peer payment system. Ripple was launched in 2012 with aims to facilitate faster transactions around the world leveraging the blockchain technology. XRP is the native token that is used for making transactions across the Ripple network, named RippleNet. Ripple enables settling of global transactions for banks and payment providers. XRP is the third most valuable cryptocurrency with a market cap of over $11Billion as of mid-September of 2019.

XRP functions on its own patented technology called the Ripple Protocol Consensus Algorithm (RPCA), thereby allowing cheap, transparent, and secure payment operations for users.

The protocol system offers businesses a huge number of programs that help cross-border payments. xCurrent — is a payment processing system for banks that enables instantaneous transactions and tracking of cross-border payments. xRapid provides a liquidity solution to financial institutions and minimizes fees. And the last, xVia, allows businesses to send payments and interact via the RippleNet.

What Makes Ripple Stand Out?

Faster and trusted transfers are just the beginning of what Ripple can offer to the crypto market. RippleNet is more technologically advanced than the conventional ones and highly decentralized. This leads to highly scalable and secure transactions through its network. All the transactions taking place in the RippleNet enjoy faster confirmations and cheaper rates. XRP has an average transaction time of 4 seconds and can handle over 1500 transactions per second a great deal more than Bitcoin, Ethereum and other popular cryptocurrencies.

XRP performance statistics
Source: Ripple
Santander partnered with Ripple to speed up cross-border transactions. RippleNet is already adopted for commercial purposes by the top participants on the financial scene like MoneyGram, RBC, Axis Bank, and many others. It is an obvious indication to consider the bright future of the coin.

Ripple’s holdings in the XRP cryptocurrency market gives the coin an incredibly powerful position at the crypto arena. According to CNBC, Ripple owns about 60billion of all XRP, which gives the company a valuation of at least $20 billion.

XRP’s Historical Performance

XRP all-time price chart
Source: CoinMarketCap

XRP has remained considerably stable during its initial years. Throughout the year 2013, Ripple’s price was stable with XRP tokens sold at less than $0.01 each. XRP saw a considerable rise in its price at the end of the same year. The following year prices dropped during the initial months and grew at the end of 2014 and hit $0.028.

In 2015 Ripple saw mild fluctuations during the initial months and traded at around $0.00746 in the month of July. The graph remained considerably stable in the following year and remained quite stable. However, during the year Ripple succeeded in partnering with a long list of banks over the globe: UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and many others.

XRP price chart for 2017-2018
Source: CoinMarketCap

In the year 2017, Ripple started trading at $0.0066 in January continued the flat-run for consecutive months. During the same year, RippleNet members hit 100 and resulted in increased adoption. Ripple’s price rose dramatically in December can be connected to the key partnerships with American Express and Santander. As cryptocurrency interest exploded in the middle of December, its price increased dramatically over $2.50.

XRP price chart for 2018-2019
Source: CoinMarketCap

Ripple continued the previous years bull run and hit its all-time high of $3.84 on 4th of January 2018. Despite the fall of its price after its peak, 2018 can be considered as the year of innovation and expansion for Ripple. Ripple collaborated with MercuryFX and Cuallix in piloting xRapid and announced its commercial availability at the end of the year.

XRP started trading at $0.354 and did not go through any major fluctuations in the first half of the year. As of writing, Ripple has a price of $ 0.256720 with 24 Hour Volume of $967,658,635. XRP is ranked third of all cryptocurrencies with a market cap of $11,045,218,125.

Expert Opinion

Experts have mixed opinions about Ripple’s price for 2019 and future. Some traders believe that XRP might be bearish, while others predict that the price will grow in the near future. A famous trader and tech analyst Peter Brandt blamed Ripple in manipulating the market and said that its price will fall by another 20%. According to Cointelegraph, Brandt tweet was removed at the time of writing for unknown reasons.

Twitter user JOKER's XRP technical analysis

JOKER, a crypto analyst predicted recently that the fans should go for a long-run on XRP and it will reap good profits. Another market analyst, who feels more positive on Ripple forecast in Q4 2019. Naeem Aslam expressed his opinion in a tweet, that XRP is oversold, and traders might have a chance to make a fortune in future.

According to the Investing Heaven XRP has the highest potential amongst all other cryptos. Beside, CryptoNewz analysts say Ripple might be capable to reach around over $3 in 2019. On the other hand, BeinCrypto predicts that Ripple might see a minor growth by the end of the year.

As we can see, most of the predictions on Ripple’s price for Q4 2019 look positive and XRP has the potential to reach new heights in the near future.

ChangeHero’s Bottom Line

With the biggest announcement of a partnership with the money transfer giant, MoneyGram, Ripple has over 200 promising customers on the RippleNet. The upcoming 2019 Swell Conference would probably grab the attention of the community and new announcements will have a significant impact on the price of the XRP.

ChangeHero believes Ripple will continue to reach new heights by the end of this year. Ripple is accumulating new clients and banks all over the world, who have started adopting the Ripple protocol. The coin has emerged as a major player in the cryptocurrency market, due to its potential to change the way the world transfers money over long distances.

If Ripple continues the same trend in partnerships and adds new products to its system, it will mostly witness an increase in its value in the coming future. That fact could make XRP a great investment opportunity.

Where to Exchange Ripple?

ChangeHero is always available when you need to exchange your crypto. We are always glad to provide you with Ripple and other cryptos, with the best Fixed and Float rates. You can also buy XRP with a credit or debit card in a matter of minutes.

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Disclaimer: The price prediction is done basing on the past performance of the respective cryptocurrency and opinions from the community. It should not be considered as a recommendation for trading. The future performance of the cryptocurrency might vary due to the volatility in the cryptocurrency market.