1 Green Flag for XRP (Ripple) Right Now

After it went up 45% this year, Ripple (CRYPTO: XRP) investors are a happy lot. But there's reason for even more optimism. Due to shifts in the regulatory environment, Ripple may finally have a viable path toward achieving its long-term growth vision. There's one catalyst in particular worth monitoring.In theory, Ripple has had huge growth potential since its founding in terms of actual adoption of its network. Compared to legacy systems like SWIFT, Ripple allows financial institutions to transfer money between each other and even across borders in a cheaper, faster, more transparent way. What's not to love? Today, few major financial institutions in developed markets use Ripple's network. Almost none globally use it at any meaningful scale. The challenge has been two-fold. First, big banks and financial service companies have been using legacy payment networks for decades. They've proven hesitant to adopt a relatively new network with less real-world validation. Second, Ripple has been marred by a poor reputation, fueled by government investigations and the scrutiny of regulators.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool