Global Investment Bank Says Ripple’s Valuation Tied to XRP Price

A leading financial institution asserts that the market value of Ripple is directly connected to the price performance of its cryptocurrency, XRP.

XRP

Summary

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Terms & Concepts
  • Ripple: A blockchain-based payment protocol designed for fast, low-cost international money transfers.
  • XRP: The native cryptocurrency of the Ripple network, used to facilitate transactions.