Ripple\u2019s native cross-border token is among the most popular assets within the cryptocurrency community, and the CEO of the company behind it recently published a video explaining what makes it unique.<\/p>\n
Some of those features include rapid transaction speeds and low costs.<\/p>\n
Garlinghouse\u2019s video began<\/a> with a short history lesson going back to the early XRP Ledger days from a decade ago. Contributors at the time included key developers who worked on the core of Bitcoin, where they saw an opportunity to \u201cbuild something specialized and specific and unique to really solve a payments problem.\u201d<\/p>\n This is where the cross-border token shines, according to Garlinghouse. At first, he began by outlining the settling speeds where transactions are completed in 3 to 5 seconds. Second: \u201cit\u2019s cost. Extremely low costs, fractions of a penny per transaction.\u201d Third: XRP\u2019s scalability, with over 4 billion transactions completed since its inception.\u00a0Last but not least, the CEO highlighted the \u201cincredible community\u201d around the token, which the company calls \u201cthe XRP family.\u201d<\/p>\n \u201cBut you put those things together, and you can include the longevity of this blockchain, you have something special and unique that is poised for great success in the years ahead.\u201d<\/p>\n While on the topic of XRP, let\u2019s quickly explore its most recent price moves. The token tried to break out<\/a> on Sunday when it outperformed the rest of the larger-cap alts, but it was almost instantly halted<\/a> at $1.52 and driven back down toward $1.45. It has since slipped below that level as most of the crypto market has retreated.<\/p>\n What\u2019s particularly worrying is that it lost the fourth spot in terms of market cap to BNB, and the gap between the two stands at $1.5 billion as of press time.<\/p>\n Popular analyst MikybullCrypto noted<\/a> that XRP has been forming a \u201cpossible breakout of the 9-month trendline resistance,\u201d which could be supported by an ongoing significant accumulation at this triangle formation. CRYPTOWZRD said<\/a> XRP had closed indecisively once again as it needs to hold above the $1.445 resistance to initiate a more profound run. As of now, though, the asset remains below that important level.<\/p>\n The post Why Is XRP Special and Unique? Garlinghouse Reveals Ripple\u2019s Biggest Advantages<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple\u2019s native cross-border token is among the most popular assets within the cryptocurrency community, and the CEO of the company behind it recently published a video explaining what makes it unique. Some of those features include rapid transaction speeds and low costs. Why Is XRP Unique? Garlinghouse\u2019s video began with a short history lesson going […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-165398","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165398"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=165398"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165398\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}XRP Price Update<\/h2>\n