Despite Ripple's continuing success in signing up banks and large scale financial institutions across the globe, the XRP coin has has maintained a steady market value. While market cap has Ripple as a top contender, what is the "break out" point that makes the value of the XRP coin go up? Is it signing up more banks or proof of success over time?
Ripple just succeed in signing up Siam Commercial bank in Japan to use the blockchain technology.(http://www.pymnts.com/news/payment-methods/2017/siam-commercial-bank-to-use-ripples-blockchain-for-remittance/). The incorporation of Ripple will take transaction times from two business days to just a few seconds. This type of technology is a game changer in the financial industry.