• Mon. Jun 24th, 2024

Ripple Executives Sharing their Thoughts on XRP and Believe 2021 will be a Great Year for the Company

Christian Klausen

ByChristian Klausen

May 9, 2021
“XRP Is Security & Not Crypto Currency”, Says SEC

When it comes to mentioning the word Ripple or XRP, the only thing that does come to mind is the current XRP lawsuit with SEC going on. The lawsuit is far from over, but it keeps on batting some of the exciting turns over to the people interested in the outcome. XRP has taken some heavy beating amid the continuation of the lawsuit; not only its price cling to the bearish run every other cryptocurrency out there has had a fair deal of, but many exchanges even delisted XRP.

However, since then, the sales for the XRP have doubled in the recent few months or so, and the start of 2021 has been relatively optimistic. The digital asset might not be able to get the kind of position and stance it requires in the USA, but over in Asia, the development and adoption regarding XRP have been significant. In the recent Ripple drop, executives put out the new and improved innovations by Ripple, which are ready to make their way into the main market. Many updates by the executives were provided for the RippleNet and RippleX.

Ripple might not be out of the Weeds just yet, but the Current Sales Numbers are Promising

According to the executives, 2020 hasn’t been so bad, but 2021 as a comparison is far better and consistently bringing the solid news for XRP price jump and how the sales have jumped all the way to $150 million from $76 million before. Many fintech associations are getting the heat when it comes to a much more rigorous spotlight put on blockchain adoption, and many even seem willing to go the long distance by actually making the transition of integrating blockchain configuration into their regular processes. This is where RippleNet can be of some benefit as it has laid out a more direct and efficient path for the businesses and financial organizations out there who are ready to go for it. 

According to the executives, the rest of the focus of the company for the duration of 2021 that remains will be to support the developers that have new and exciting programs to go with, the introduction of the critical infrastructure-related elements that can promote liquidity and a serious contribution to an ever-increasing XRP community.         

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Christian Klausen

Christian Klausen

Christian Klausen is a talented news writer renowned for his compelling storytelling and comprehensive research. With a sharp eye for detail, his articles offer readers a thought-provoking and well-informed perspective on a wide range of current topics.

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