Pushing Mass Adoption For XRP: CoinField Teased A Project For Ripple’s Digital Asset
Ripple has been making enhanced efforts to boost the adoption of XRP.
Pushing mass adoption for XRP
CoinField is a Canada-based crypto exchange and it’s now saying that it is one step closer to the launch of a secret project that’s designed to push mass adoption for XRP.
According to the exchange, it launched an XRP validator and it’s now preparing to roll out the project.
The validator had been added to Ripple’s Unique Node List (UNL) of trusted servers.
CEO Bob Ras is calling the upcoming project a game-changer for both the digital asset and the blockchain industry as a whole:
“This new ecosystem is the most sophisticated project ever built on top of XRPL, and it is the best use case for that. We believe this will be a big step forward for the whole industry and the mass adoption of XRP blockchain.”
CoinField began to mention this project back in September and back then the exchange posted a backwards “S” on Twitter, and asked its followers for their take on the best use case for XRP.
“What do you think the best use case for #XRPL will be? Ƨ + XRPL = ?”
XRP to hit a bottom against Bitcoin
The crypto market looks better today, with the most important digital assets trading in the green.
It’s been reported not too long ago that XRP has the potential to hit a bottom against BTC, according to Peter Brandt.
He is popular in the crypto circles for predicting Bitcoin’s massive crash from back in 2018, and he’s now seeing some hints of a potential turnaround for XRP.
This forecast comes as a pretty surprising move from the man because he’s always been bearish on XRP, and he also said that Ripple manipulates the price of XRP.
Ripple’s Brad Garlinghouse explained more than once that Ripple cannot change the price of XRP.
Garlinghouse is both the CEO and Chairman of Ripple Labs. This year, Ripple surpassed 300 partners, including over 115 banks worldwide. Having launched On-Demand Liquidity (ODL) for cross-border payments, Ripple now has more than 20 partners using XRP for ODL, including Moneygram, Western Union, and American Express.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.