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Unlike bitcoin, Ripple(XRP) is a technology by Ripple company released in 2012 that acts as both a cryptocurrency and a digital payment network for financial transaction. Ripple markets itself as a cross-border payments settlement for large financial authorities based on blockchain technology . Ripple has been increasingly adopted by banks and large payment networks as settlement infrastructure technology. Ripple is now a centralized currency,unlike bitcoin. It means that the Ripple company owns the system and more than 70% of Ripple. In near future,Ripple is expected to act as a liquidity solution for the cross-border transactions. Banks and Payment Providers can use Ripple to settle multi-currency transactions to minimize the overheads. It’s hard to say how soon or whether Ripple will be able to take SWIFT down or not. However, it can indeed break the monopoly of SWIFT over the international fund transfer.
Ripple is currently valued at $0.499649, Market Cap$19,635,301,172 USD,Volume (24h)$441,364,000USD, Circulating Supply39,094,520,623 XRP,Total Supply99,992,405,149 XRPaccording to coinmarketcap.com, at 15. 27 GMT on April 04, 2018.
Ripple (XRP ) seems to be a promising investment as a long-term investment.
Ripple price chart: https://www.worldcoinindex.com/coin/ripple
If you want to buy Ripple(XRP), Open Binance account, No need extra wallet.