Ripple cryptocurrency is a medium for converting any currency instantly into any other one, without relying on a central exchange.Therefore it has the potential to have more trade from all the existing currencies.
Ripple is a decentralized solution for banks and financial institutions and the transaction cost of this currency is also very less.Since 505 of it is controlled by the compony and has decided not to realease them very soon therfore there will be less number of coin available for trading which will boost up the price. It is being traded in 30 exchanges . And banks like standard chatered bank,UBS etc are its partner and also Indian bank like |YES BANK.