The surprise addition of XRP, the native crypto asset of the Ripple network, on Coinbase towards the end of February was the latest, of many, positive moves for Ripple. However, XRP’s price failed to respond in accordance with expectations.<\/p>\n
Analysts often refer to Coinbase as the \u201ckingmaker,\u201d and in the recent past, crypto assets listed on the exchange have experienced significant spikes in price and market cap. In consideration of this, one may ask, what is suppressing the XRP price?<\/p>\n
Coinbase ended months of speculation recently with the inclusion of XRP on its platform. For Ripple, it was yet another progressive step towards becoming the standard for international money transfers.<\/p>\n
The project, which has a global network of over 200 banks and payment providers, deserves credit for leading the industry as far as practical use case is concerned. Indeed, whether you love XRP, or not, there is no denying its capacity to get things done.<\/p>\n
\nLast year some notable critics said financial institutions would never use a digital asset in their payment flows. As I said then, if it offers their customers a better experience at a lower cost, they will – and they are! https:\/\/t.co\/ZX3RDotmhQ<\/a><\/p>\n
— Brad Garlinghouse (@bgarlinghouse) January 8, 2019<\/a><\/p><\/blockquote>\n