Top Reasons Why You Should Choose XRP as an Investment Option 

• XRP is a cryptocurrency powered by the XRP Ledger used in the Ripple Network.
• It can be opted as an investment option due to various reasons such as market cap and affordability. 

Launched in 2012 by Ripple Labs, XRP is one of the leading cryptocurrencies in the digital world. With its faster transaction speed and its accessibility in every exchange, it has made its name in the mind of the people. It currently has a market cap of $25 Billion and it has ranked at No.6 by trading volume according to CMC.

However, the coin is also famous with its parent company Ripple. Ripple has always been in the news as the SEC has filed a lawsuit against it. But, the case is near its end and it is assumed that Ripple will win the case. And, if this happens then XRP will become the first cryptocurrency to not be considered as security. 

Although, it is just to introduce you to the topic to get some context about XRP. It is considered a low-risk investment with lots of potential rewards. However, in this blog, we will talk about why you should choose XRP in your investment portfolio. But, to make a clear and better understanding, first, we should know about its pros and cons.

Pros of XRP 

• XRP is a cryptocurrency based on XRP Ledger which can facilitate transactions in 3 to 5 seconds. 
• Its collaboration includes various major partnerships with such as American Express, and German Bank Fidor.
• The solution that it provides which is making cross-border payments easier is one of the major problems in the world of payment systems. 
• The parent platform Ripple also helps the countries to launch CBDCs with its comprehensive platform. It has partnered with more than 20 countries on CBDC plans. 

Cons of XRP 

• XRP’s biggest problem is that it is often interchangeable with Ripple. But Ripple and XRP both are different. 
• However, the case is somewhat on the side of Ripple. But, it is still ongoing. So, it’s difficult to predict that it will go on the side of the Company or the SEC.
• Also, it is sealed and packed meaning that there will be no more XRP existing than the pre-mined coins. 

These are all the pros and cons of XRP. It has been discussed earlier to make a biased and better decision about its investment case. However, let’s move to a further topic and try to find reasons why you should choose it as an investment option.

Reasons or Why You Should Choose an Investment Option?

Well, as earlier stated, it is a low-risk investment with high growth potential. This statement truly describes the condition of XRP. Analysts believe that it will have a lot of potential in the future. The analysts have also predicted the price to go as high as $3.81 by the year 2025.  

It’s believed that the case will also lead to the traction of prices if Ripple wins. The market will go under the bullish sentiment and the prices will become high. It is also believed that CBDCs will also help the coin to gain traction as Ripple will introduce it into the process of CBDCs. 

Conclusing Thought

These can be the reasons  why you can choose it as an investment option. However, you should choose before doing the market research on your own as these all are the analyst’s anticipations or predictions regarding the future of XRP.