I've been following a conversation in a private group between two seasoned professionals who've been in the crypto space for years. They were discussing a key reason behind $XRP 's stagnant price movement. According to their insights, XRP was originally designed to replace SWIFT, the global banking system. However, it seems SWIFT is adapting its own system in response to this potential shift. Furthermore, a significant portion of XRP is spread across various crypto wallets, making it difficult for consolidation.
The discussion also pointed out that for $XRP to see substantial growth, there would need to be a collection of around 90% of its supply. Once that happens, $XRP could experience a surge in value, potentially even replacing SWIFT as initially intended.
As someone who's held a sizable amount of XRP for a long time, I'm unsure of the best course of action. I've essentially written off this investment, so whether it grows or fades doesn't affect me much at this point. However, the prospect of a long-term shift in the market still leaves room for consideration.
#XRP_ETF #xI've been following a conversation in a private group between two seasoned professionals who've been in the crypto space for years. They were discussing a key reason behind XRP's stagnant price movement. According to their insights, XRP was originally designed to replace SWIFT, the global banking system. However, it seems SWIFT is adapting its own system in response to this potential shift. Furthermore, a significant portion of XRP is spread across various crypto wallets, making it difficult for consolidation.
The discussion also pointed out that for XRP to see substantial growth, there would need to be a collection of around 90% of its supply. Once that happens, XRP could experience a surge in value, potentially even replacing SWIFT as initially intended.
As someone who's held a sizable amount of XRP for a long time, I'm unsure of the best course of action. I've essentially written off this investment, so whether it grows or fades doesn't affect me much at this point. However, the prospect of a long-term shift in the market still leaves room for consideration.
