I have been invest in (xrp) myself since $0.24. After much study, I saw it as having a solid foundation or as "solid as can be hoped for" in this Volatile new Technology.
Now some time has passed and as expected the volitility proved correct but the Solid Foundation still remains. Here is why in my humble opinion.
XRP's previous CEO Chris Larsen settled on a portentous choice: he marked an arrangement with a bank consortium R3, that incorporated a possibility for its accomplice to purchase 5 billion units of its money for less than a penny. That was in 2016.
Insiders might want a Ripple IPO
Ripple Labs CEO Brad Garlinghouse stated , "I want to make sure we have the right managerial maturity, infrastructure, and ability to forecast properly. ... At some point it will make sense. Just not today."
...........What's the hold up???......
The company is currently embroiled in litigation with R3. A bunch of banks who hope to cash in to the tune of what could be in excess of $10 billion.. Ripple has recently countersued.
The point is Ripple's Value is there. They are just smart enough to (NOT BLAST OFF) as it were, until this is settled. So I plan on seeing this through to it's outcome myself as many others are.
What are your thoughts?