Growth on Ripple is continuing and the capitalization of cryptocurrencies currently reaches almost USD 100 billion, thus giving it the second place in the cryptocurrency ranking in terms of capitalization. It is true that Bitcoin (from the market cap $ 229 billion) is still far away, but Ripple has something that Bitcoin lacks and that can give him a big advantage - the Ripple system is used in practice by global financial institutions.
The Ripple project has been appreciated by banks thanks to the fact that it provides almost instant and free of charge international payments. Unlike Bitcoin, whose fees have recently exceeded the value of the prize for the block.
Most of the Ripple (XRP) is still in the hands of Ripple Labs, thanks to which the company can influence the price of cryptocurrencies and stabilize its fluctuations, which is an invaluable advantage for the banking sector.
