Review on XRP by Daniel Stephen

Xrp is a cryptocurrency that runs on Ripple network, the digital currency has been listed several times as one of the top five digital currency based on its market dominance and capitalisation and several times the coin has struggled to take the third position on the list competing with coins like USDT, Binance coin, and Cardano which are also great cryptocurrency.



Xrp has become very popular ever since its inception and it is known for one particular purpose which it has proven to be most efficient and reliable and the area where xrp has proven to be the best is when it comes to payment system. Several business firms and banks as well have started adopting the use of xrp coin or rather the ripple network to make easy, fast, and cheap payment transactions, it can be used in making transactions for swapping Fiat currencies to another different Fiat currency. Ripple ( XRP) since its inception has the vision of making the entire payment systems much more better than it was before and that is why most corporate bodies and financial firms as well as some individuals have started making use of the ripple network via the xrp coin to make cheap fast and efficient payment transactions.



I'm not of view that xrp is a coin that can serve as an investment propose because the coin doesn't show so much significant spike or increase in its price, I perceive this is because it was made to be a cheap payment project so probably the Coin's price has been kept low to make transactions with the Ripple network cheap and affordable.