Although in the past five days, maybe affected by the lawsuit, ripple xrp price have been in a downward trend, but from the market value, ripple still ranked third. So how did ripple maintain its position as the third player in this situation?
I think one of the reasons is that the cryptocurrency Ripple is still the most popular platform for providing revolutionary cross-border payment solutions. Another important reason is that Ripple has been continuously seeking cooperation and development in new domains. Ripple's recent cooperation with the Arab government can fully illustrate this point. The cooperation is actually a cooperation between the Arab Central Bank and Ripple. The Arab government wants to make cross-border payments between banks in the region through blockchains. Ripple said they will use their blockchain technology to make transactions in the region faster, cheaper and more transparent.
If you pay much more attention on ripple, then you should know that when Ripple was littered with negative news of lawsuits, there were many positive xrp news being reported. These news also gave enough confidence to those fans of ripple. Let them maintain their insistence on ripple.
How do you think of ripple, do you dare to invest in ripple currency or buy ripple coin now?
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