You only need to understand the escrow to know why XRP will continue to be a successful asset. All the other amendments and capability just add more value.
The escrow set up by Ripple on the XRPL is a great example of how it was used to stabilise price and reassure the market that Ripple would act responsibly in distributing Its vast holding of XRP.
How national governments can use it including escrows of RWAs and stablecoins is intriguing.🧐
Battle tested by Ripple for 9 years.
If any government convinces Ripple to give it a large portion of Ripple’s XRP and reserves it in escrow it would be a shattering development
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I’ve discussed this a lot in the past.
The current valuation model for different cryptos isn’t the best way to measure “performance / value”.
Trying to push a crypto network / blockchain rails into revenue models doesn’t make sense based on their on chain revenue.
I get why people do it and I don’t know the most effective way to value them yet, but this isn’t it.
I also have discussed in the past that TVL should probably be included into the equation somewhat, but not be directly correlated to price.
You only need to understand the escrow to know why XRP will continue to be a successful asset. All the other amendments and capability just add more value.
The escrow set up by Ripple on the XRPL is a great example of how it was used to stabilise price and reassure the market that Ripple would act responsibly in distributing Its vast holding of XRP.
How national governments can use it including escrows of RWAs and stablecoins is intriguing.🧐
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Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
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