Having lost a litigation against software company R3 Holdco the price of Ripple had plunged by 1 percent. The crypto company had accused software company of misleading representation and R3 is accusing Ripple for breach of a partnership agreement where it was supposed to make a payment of 5 billion in XRP coins. The price before hearing was trending $0.83, soon after this the price dived down to $0.7760 but now it has climbed up to $0.79.

Trends are definitely plummeting but experts from cryptomap are predicting that Currency still has potential to disrupt the industry. As it can handle multiple transactions at once it is different from others. Its faster Transaction speed and low cost of transactions are the reasons behind its rise in price this much immediate.

The transaction timing is 10 second and the charge is 0. 00001 Ripple currency. The transaction charges are likely to stay same even if the value of currency rises. Ripple is helping financial institutions to save money.

XRP is going to be a more popular cryptocurrency as it has lowest transaction cost among other currencies and it is not limited to 21 billion. It is 4700 times of bitcoin’s numbers in supply. Doubtlessly Ripple has the extreme potential but cryptocurencies are highly volatile in nature.