Ripple is another one of those “not just a coin” cryptocurrencies. AND it is actually quite different from many of the others in that its creators are purposely seeking out banks in its utilization. The ripple network claim that ripple is the fastest digital asset, and that it basically enables real-time payments ANYWHERE in the world–payments in ripple settle in a mere 4 SECONDS–allowing banks to source liquidity in real time. If you take a gander at the XRP website, you’ll see that the network handles approximately 50,000 transactions per second.
Get this: one XRP is worth about $2.30 as of January 2, 2018. Now, that doesn’t seem like a lot, but less than a month ago it was worth $0.70 USD. At the beginning of 2017, it was worth less than 1 cent. It’s seen incredible growth, and pretty consistently! What do ya think of that…?