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If you ask a couple of cryptocurrency market analysts the coins that matter most, the answer will be Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP. For the wider crypto community, these coins are the major ones and that is the reason why they tip them over others. While others such as Tron (TRX) and Verge (XVG) make impacts in their capabilities, they are not so close to these coins.
The digital asset (XRP) finished 2018 as the second most valuable cryptocurrency. Despite the fact that Ethereum (ETH) bounced back to reclaim the spot, it is now a spot down Ripple’s second position.
Ripple (XRP): The Collaboration Factor
Collaborations are now the angle most coins are tilting. Ripple’s XRP made good its collaborations by entering partnerships with top companies. From national banks to private industries that require faster cross-border remittance, the coin’s value soared high after these milestones. After making waves with many partners at its disposal, the future looks good for Ripple’s XRP.
Moving Forward: Ripple (XRP) can be a Global Currency
In the quest to dominate the crypto-sphere, the coin is also aiming for global acceptance. With its footprints in many banks, and viable collaborations buoying its value, hopes are high that Ripple’s XRP is on the way to be a global currency.
The U.S SEC – A Trigger Waiting to Pull
There is no doubt that Ripple’s XRP has come a long way in the crypto community. Dominating the sphere for a long time and keeping up with impressive collaborations is no mean feat. With backing from many banks that make use of the xCurrent and xRapid tools, the coin is waiting for a nod from the United States Securities and Exchange Commission (SEC).
As it prepares to be a global currency, verification from SEC will be a trigger that will pull the coin to its desired height. However, the clog in the wheels is the decentralized nature of its blockchain. Despite this, Ripple (XRP) can still beat the game if it secures the collaboration of major players that will provide the necessary custody and conviction for SEC.
Ripple’s XRP is at the Top
For the umpteenth time, the coin is a step ahead of Ethereum (ETH). After going back to the second position for the first time in 2019, and coming at the first quarter of the year, the future looks bright for the coin.
As more collaborations are in the offing and the expectation of a nod from SEC, Ripple’s XRP remains a game-changer in the crypto community and will be among the dominant coins of 2019.