
Official Ripple Document Surfaces Online, Revealing What Will Drive The XRP Price Higher
A new official document from Ripple has been made public, shedding light on the factors that could propel the price of XRP upward. According to the recent release, it appears that the cryptocurrency’s value may increase as its payment services gain widespread adoption.
As per the document, the growing demand for XRP will be driven by the expanding nature of these operations. This comes as Ripple expands its presence in various markets worldwide. In addition to this, the company is actively working on enhancing its network capabilities and improving scalability, which is expected to increase the coin’s value.
The report also highlights that XRP serves two vital roles: it acts as a security token for the XRPL platform and works as a bridge currency. This dual function allows it to play a crucial role in the cryptocurrency market.
In the document, Ripple emphasizes the significance of providing utilities to its holders for long-term organic demand rather than speculative demand.
Source: bitcoinist.com