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Is XRP's Underperformance Due to Low Adoption and Mainstream Competition?
XRP, the native token of Ripple, the international money transfer company, has not been doing well in the cryptocurrency market for long now. According to an analysis by global cryptocurrency exchange OKEx, this is due to several reasons which many XRP fans probably don’t know about. The first is that XRP is mainly used as a source of liquidity to make international money transfers. The problem with this, according to OKEx is that it makes the cryptocurrency of little use since it is not used as a medium of exchange like Bitcoin. Part of the analysis reads: “Although there were more than 100 financial ... (full story)
