XRP might see a turnaround in price if this happens: XRPL node account $XRP XRPArmy XRPCommunity
At the time of writing, XRP was trading at $0.3756, up 2.26% in the last 24 hours. The token is significantly down from its all-time high of $3.18 set in January 2018.believes that, concerning the XRP price, XRP must add value to be"more valuable."
According to the XRPL node validator, the only utility that XRP expressly has on XRPL is to facilitate transactions by payment of a fee or to pay collateral by way of an account or other reserves. He believes the only way XRP gets its value is through its use to purchase other assets on XRPL, further adding that XRPL can be incredibly successful without XRP ever being a high-value asset.He claims that all other functionality that XRP has is also enjoyed by all other tokens issued in XRPL, as it is XRPL that offers the functionality, not XRP. As an example, the efficiencies of the network are enjoyed by all tokens issued in it, like CSC, SOLO, xrdoge and xmeta.
Each of them can be used similarly to XRP, except for making payments for fees or collateral. Each can transact in four seconds, be used for payments, and be used for cross-border transactions, he continued. To increase the value of XRP, he urges people to create and support projects that make use of the native XRP token. He continues by saying that users should ignore the narratives surrounding buybacks, riddles and fancy numbers being thrown around.
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