From Yahoo Finance: 2025-05-10 06:15:00

XRP’s price has surged over 300% in the past six months, standing out in a sea of memecoins. With a market cap of $135 billion, its potential for future growth is significant. Bitcoin hit $109,000, but now hovers around $102,000, as investors remain optimistic about its growth. Altcoins like XRP aim to replicate Bitcoin’s success, with XRP rising over 300% in six months.

XRP acts as a bridge between banks, facilitating fast and cost-effective international money transfers. Its value lies in providing real-world utility, unlike many meme coins flooding the market. Despite processing fewer transactions than Visa, XRP’s market cap is five times smaller. This raises questions about XRP’s valuation compared to industry giants like Visa.

XRP’s potential to capture a portion of bank transaction fees is based on its low costs. However, even if widely adopted, its fees collected may not justify its $135 billion market cap. While XRP offers speed and efficiency, its long-term viability remains uncertain. Investors should be cautious of expecting extraordinary returns from XRP, focusing on diversification and long-term strategies instead.



Read more at Yahoo Finance: Is the Cryptocurrency XRP (Ripple) a Millionaire-Maker?