{"id":388741,"date":"2019-07-04T19:00:46","date_gmt":"2019-07-04T19:00:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=388741"},"modified":"2019-07-06T07:45:50","modified_gmt":"2019-07-06T07:45:50","slug":"ripples-optimism-500-million-spent-on-xrp-use-case-development","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/ripples-optimism-500-million-spent-on-xrp-use-case-development\/","title":{"rendered":"Ripple’s Optimism: $500 Million Spent On XRP Use Case Development"},"content":{"rendered":"
Xpring has spent over $500 million in over 20 companies. Their focus is to \u201cbuild the best crypto infrastructure through contributions to open source crypto protocols such as the XRP Ledger and InterLedger projects.\u201d Even so, XRP is under pressure and down 15.1 percent week-to-date.<\/em><\/p>\n Adoption is the only catalyst that will turbo-charge blockchain related development. Standing to reap enormous benefits is Ripple. Armed with three innovative solutions, progress is excellent. Already, more than 200 global banks and financial institutions leverage the RippleNet<\/a>, a suite of which xCurrent<\/a> is popular.<\/p>\n However, the real game changer is the upgrade to xCurrent version 4, which has an option for xRapid. The insistence on xRapid is of prime importance for XRP holders. It uses XRP as a medium of exchange, and the more the adoption, the higher the demand the prices will respond accordingly.<\/p>\n Launched during the SWELL Conference<\/a> of 2018, the conversion is low. The major obstacle is regulation and concerns about the level of centralization. Ripple remains to be the largest holder of the coin, using the proceeds to fund infrastructure development and innovation. Through Xpring, a recent report<\/a> shows that Ripple has spent more than $500 million on different companies. Some of them include Coil<\/a>, Kava Labs, and Forte.<\/p>\n <\/p>\nRipple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Candlestick Arrangement<\/h3>\n