The Ripple blockchain is measurable
We often highlight Solana and its network that can support large numbers of transactions simultaneously. The speed of transactions is actually an important element for the adoption of a cryptocurrency.
In this sense, Ripple is competitive against other cryptocurrencies that top 10 in the CoinMarketCap ranking.
#XRP #Ripple is at 1500 GST and for a long time now has been 50,000 GST ???? nothing better now.
– FFrance (@FFrance16) March 11, 2022
According to Ripple, its cross-border payment network continues to handle 1,500 transactions per second (TPS). Moreover, it only takes about four seconds for payments to be made. Additionally, the network can handle up to 50,000 TPS. This is a figure that estimates the performance of credit card operators.
Solana, on the other hand, processes approximately 2000 transactions per second. Its network can process 65,000 transactions per second.
So XRP is capable of processing thousands of transactions per second. This is essential for generating its long-term value and makes it an attractive investment.
The price of XRP is low
While the Bitcoin traded at more than $ 38,000, XRP was worth less than $ 1 on April 19. Although not uncommon, XRP has a low price tag. Small investors who want to acquire cryptos in large numbers in this sector are looking for cryptos with high potential cheap value.
In this regard, XRP is one of the best. Unlike other sub-dollar tokens that have no intrinsic value, XRP is cheap and accessible, and it gains value through adoption. This makes it an ideal cryptocurrency to handle large amounts of tokens.
Ripple will benefit from a more favorable regulatory environment
For a long time, the regulatory climate was anti-crypto. But now that the market is spreading, few countries like United States and the Russia put in place new laws to regulate cryptos. Canada has been launched since 2021 Crypto ETFss.
Is this the best news in the last 12 months ?. #XRP #XRPArmy @RosieRios @Ripple @bgarlinghouse pic.twitter.com/3qJQkwOfor
– CBDCjunkie (@CbdCjunkie) April 19, 2022
A more favorable regulatory environment is a positive signal for the entire market, but especially for Ripple which is already working with well -known financial institutions such as Santander bank or credit card operator American Express.
Source: The Blog
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