Will XRP ever be valuable?

Formerly, the idea was that Ripple would use the asset to fuel international interbank transactions, thus creating demand and lifting the prices. But it turned out XRP was just an airdropped asset, with a limited role in the network . Hence the price drop from levels above $2 to the current price of $0.30.

Long-Term Forecasts: Ripple Price in 2023-2025 Wallet Investor sees an increase in the average price of XRP in 2023 from $1.20 to $1.60. The coin may show an even more impressive performance at the end of the year at over $1.80. In January 2024, the maximum possible price of XRP is expected to be over $2.15 .

Cryptocurrencies in general are volatile, and XRP is in an even more complicated position. If you think Ripple could continue to grow, then a small investment in XRP may be worth considering . It’s not nearly as safe as investing in stocks, but if Ripple succeeds, you could make a sizable return.2 Şub 2022

The Ripple blockchain isn’t open like those of other cryptocurrencies. XRP can be safely stored and kept, and uses cryptography to protect participants, but the nodes it’s protecting aren’t individuals but “trusted” operators registered in the Ripple network .