Ripple or XRP continues giving the crypto community more and more reasons to believe in its solutions and technology. The relentless and continuous advancement towards global adoption is just gaining more pace with every passing moment. Well, this totally gives a clear signal to have a serious look at the superlative progress of XRP.

To render a better picture of Ripple (XRP), I am going to discuss 3 vital reasons to confirm why it deserves more investors’ attention. Furthermore, these aspects come in the form of SBI’s platform launch, confirmation by Santander about OnePayFX growing larger, and Rippled v1.0.0 update release. Irrespective of what Ripple is gathering, it all signifies that XRP will get even more attention and gain stupendous momentum as a cryptocurrency.

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The Updated Version Of Ripple v1.0.0 Is Out

The official release of this update is the pinnacle of the overall development that has taken around six years. As per the post on ripple.com, the latest released version was built on the several improvements and updates that were made to its software over all these years.

Moreover, the development team also mentioned that v1.0.0 symbolizes the increasing & growing maturity of the software and an enhanced stability of the decentralized network of nodes that are running all around the globe.

Ripple has also recommended the server operators to upgrade their software to the latest version. Ripple v1.0.0 is crucial as it glorifies the XRP Ledger as the root ledger of the digital asset devised to curb the gap between global currencies for payments.

Santander’s OnePay FX Expected To Grow

Before the bank went ahead and developed OnePay FX, Ripple had already partnered with Santander. The mobile app emerged to be the first such application that was fueled by the remarkable blockchain technology. With that, the bank is now able to offer a cheaper and faster mode for millions of users for making international payments.

The partnership is not essentially termed as a new development, however, the adoption rates clearly point towards the progress that has been made.

The Santander Group has also revealed that they would be rolling out the app to at least 24 more countries around the world.

SBI Virtual Currencies Platform Has Been Launched

One of the premier partners of Ripple is the SBI Group. The prime banking services provider based in Japan are having solid plans for launching a virtual currency trading platform mainly since 2017. Nevertheless, it feels like those plans are all set to roll out and the essential beneficiary is expected to be Ripple i.e. XRP.

A few months back, SBI also announced that SBI Holdings will indubitably use Ripple as the only digital asset because of its monumental growth. Other cryptocurrencies such as Ethereum (ETH), Bitcoin (BTC), and Bitcoin Cash (BCH) might possibly be added at the later stages.

Stated in their reasons, XRP was considered to be cheaper, faster, and way more scalable as compared to the other digital assets.

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Market Performance And Price Of Ripple

At the current phase, the XRP/USD is doing slightly better than the other coins ahead of it. Trading at $0.62 against the US dollar, it has seen a value gain by approximately 2.01% lately.

Looking at the highly elaborative and remarkable market performance, Ripple is all set to grow in the coming days and, therefore, it is advisable for the investors to check more on what this currency deserves.

Lastly, if this article has succeeded in imparting even a little information on the potential of Ripple (XRP) in the crypto world, start preparing to dig deeper. And if you are looking for any such help related to Blockchain Technology Services, just let us know. We will be glad to serve.