Despite the ongoing legal battles, the XRP icon in Ripple continues to get increased attention, as many appear in optimistic encryption space around its future. A recent survey conducted by Patrick Beit David showed this transformation, indicating that 43.8 % of the respondents believe that Ripple has the best long -term technology, while Bitcoin has only got 35 % of the sounds. According to social media, bitcoin investors are frustrated and confused due to the increasing excitement surrounding the XRP community.
Eric Yix, author and administrative partner at EPOCHVC, Express his ideas about the situationHe explained that the long -term Ripple presence in the market has paid attention. “Ripple has been present since 2012, and the question remains: How was it used? What was done?” He said. While the Ripple network initially aims to facilitate the transfers payments and serve as a bank settlement system, its focus has turned towards creating a central bank’s digital currency (CBDC), a trend that Yakes opposes.
“The best case scenario is that CBDC and his XRP code will not be used for that.
Despite concerns about previous marketing tactics, Ripple’s ability to generate great value through large and effective marketing campaigns that caught the attention of investors.
You see Ripple’s participation in facilitating payments through RipPlenet currently $ 7 billion of paid payments annually, even amid a continuous lawsuit with SEC. This success has created a narration that helps XRP to get a preposition, leaving Bitcoin investors wondering why the Ripple project has flourished in the face of adversity.
