Why Should One Invest in Ripple (XRP)?

There is no doubt that Ripple’s XRP is a unique cryptocurrency that is taking the shape of a protocol more than that of typical virtual currencies. XRP is the default token for Ripple.





Thanks to its unique nature in comparison to some of the other virtual currencies, Ripple (XRP) has succeeded in generating a lot of attention and interest from traders as well as investors."Why Should One Invest in Ripple (XRP)?"





In current time, hardly a day passes by without some information or news about Ripple (XRP), and as a member of the fast-growing virtual currency universe, Ripple continues to enjoy remarkable growth in fortunes.

The five-year-old business venture, which is led by Brad Garlinghouse, Ripple’s chief executive officer, is on the upward trend with its virtual currency, XRP, rubbing shoulders with the likes of Bitcoin and Ethereum.





It is this time we remember Ripple’s audacity last year when it compared itself to revolutionary companies such as Uber and Airbnb; companies that have managed to transform their respective markets





Ripple (XRP) Provides a Service

As one of its main strengths, Ripple (XRP) provides to the market a smooth experience when transferring funds globally using the power of its blockchain technology.





According to Ripple, this attribute allows financial institutions and banks to process their client’s settlements anywhere globally reliably, instantly, and almost free of charge.





Ripple Labs trades its digital token, XRP, through exchanges and institutions. In Q3 of last year alone, Ripple managed to trade over 53 million US Dollars’ worth of XRP.'Why Should One Invest in Ripple (XRP)?'





Financial Institutions and Banks Require Virtual Currencies

Going by the technological advancements being witnessed globally, banks and financial institutions require vast amounts of liquidity to operate. This is one of the most pressing challenges banks and financial institutions have to face.



