XRP has outperformed the market over the past 30 days, which is down by 12.3%. The chances of XRP rising dramatically are high if the legal battle winds up favoring it. Ripple’s case has increasingly turned in its favor in recent weeks, which has helped XRP perform well over the past month. It’s up 37% in the last 30 days, too, on the expectation that Ripple’s lawsuit with the SEC is over. In the past 24 hours, XRP has gained 0.5% and is up 1.5% in the last week. To facilitate currency exchanges, XRP serves as a mediator. With XRP, you can send money directly without an intermediary, which makes it easy to bridge two currencies. The XRP is one of a bunch of products designed by Ripple Labs to make cross-border payments more accessible, especially in the banking sector.Īs a native digital currency, XRP is part of the XRP Ledger, an open-source, permissionless distributed ledger capable of processing transactions in three to five seconds. Ripple Labs is a US-based company that has created, issued, and partly manages the XRP cryptocurrency. Currently ranked #6 among all crypto projects by market capitalization, XRP is worth more than $24 billion at the moment. The XRP crypto is another one that’s going to take off pretty soon. According to Quant price predictions, the average price will reach $228.14 in 2025 and climb to $534.02 by 2030. According to the site, prices will hit $168.96 on average in 2023 and $174.00 in 2024. The value of QNT in September 2022 is predicted to be around $156.40 by one famous website.
It has been predicted that it will explode soon by many crypto websites. At the time of this writing, it was up 52% in the last month and has passed the psychological $150 barrier. As of 8 August 2022, the QNT price hit $132.84, and it’s still going up. It’s a utility token that supports a range of Quant functions.
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