Ripple Is Among The Giants Of The World! Analyst: A… – Kriptokoin.com

Ripple is now among the 250 most promising fintech companies worldwide. In addition, a cryptocurrency trader made a bullish forecast for the Ripple-linked cryptocurrency XRP. Here are the details…

Ripple is in the top 250!

Ripple, a Silicon Valley-based technology company, has achieved great success today. The blockchain company was featured in the fifth edition of CB Insights’ Fintech 250, an annual list that includes the 250 most promising private fintech companies worldwide. “CB Insights has announced the winners of the fifth annual Fintech 250, which showcases the 250 most promising private fintech companies worldwide,” the awards organizers said in an announcement. Commenting on the development, Ripple said:

We are honored to be on the CB Insights Fintech 250 list again this year, along with companies that have a similar goal of shaping the future of fintech.

According to the announcement, some of this year’s Fintech 250 winners are focused on creating efficient ways to make cross-border settlements more efficient. Ripple falls into this category. It is common knowledge that Ripple’s payment solution has been widely adopted by various firms for cross-border settlements. cryptocoin.com As we reported, Ripple’s RippleNet is used by both traditional financial institutions and modern payment companies. For example, the National Bank of Australia (NAB) and the Commercial Bank of Canada (CIBC) signed a partnership agreement with Ripple earlier this year to facilitate cheap and fast cross-border transactions.

Analyst says ‘we’re going to the moon’ for XRP

Meanwhile, the XRP cryptocurrency may be in the process of “going to the moon,” according to anonymous trader and investor Crypto Rand. According to the popular chartist, the potential rally of the token will “make everyone cry”. The price chart shared by Crypto Rand shows the XRP token forming a symmetrical triangle. Such patterns typically occur during periods of consolidation. The direction of the ongoing trend is upwards which is good news for the bulls.

Meanwhile, according to the data, the XRP price has increased by 4.1 percent in the last 24 hours. The coin is changing hands at $0.479 on major spot exchanges. The XRP token experienced a significant rally last month amid new speculation surrounding Ripple’s ongoing battle with the US Securities Commission (SEC). In September, both parties filed for summary judgment. The thought that this was an important signal of the end of the case quickly spread.

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