These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam.
Ripple is a real-time gross settlement system that also supports fiat currency, cryptocurrency, and commodity exchanges and remittances. The native cryptocurrency of the platform are Ripples, abbreviated as XRP.
Ripple was made by the Ripple company, but can function without it due to its shared ledger. Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology because of the payment’s speed within the network, stability of the technology, and the ability to its coin as a bridge currency.
There were 100 billion XRP created at Ripple's inception, which is the currency’s cap according to the protocol's rules. Of the 100 billion created, 20 billion XRP were retained by the creators and the remaining 80% of the total were given to Ripple Labs for sale.
As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume.6334
Chris Larsen funded a massive surveillance camera network across San Francisco’s streets as an “alternative” urban security system.3597
Massive retail bank Santander recently broadened compatible regions for its One Pay FX app in collaboration with Ripple.7102
Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch.3614
Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins.13294
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal.17341
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.16671
The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong.40058
SBI invests $30 million in major crypto liquidity startup soon after revealing Japan’s first digital fund comprising 50% XRP.9157
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.20603
As Bitcoin's price continues to range sideways, the momentum may be shifting to XRP for the next big move.33187
Bitcoin's price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.19047
Indian banks are reluctant to work with crypto firms, even though RBI clears the air.9349
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200.18047