Ripple’s XRP on a roll: Weiss Ratings and Wirex listing give the coin a boost
It seems Coinbase ignoring Ripple’s XRP hasn’t hurt the coin in any way. The American exchange had announced their plans to explore several coins, but snubbed the third largest cryptocurrency, yet again. But XRP which has proved itself several times with more and more firms adopting the cryptocurrency and Ripple’s technology. The Blockchain start-up’s sole objective is to empower everyone across the globe to conduct instant transactions. They aim to reduce the transaction time for cross-border payments to 3-5 seconds.
It was recently reported that Wirex is looking to add XRP to the line-up of crypto coins that they offer. Wirex Wallet’s CEO, Pavel Matveev tweeted that it might be coming sooner than you think. The wallet service provider had collaborated with Ripple partner SBI Holdings last year to provide Bitcoin and increase adoption. With XRP getting added to the Wirex wallet, the digital coin’s adoption is bound to increase.
Ripple’s XRP winner in Weiss Ratings poll
This news notwithstanding, XRP enthusiasts have more reason to rejoice now. A poll conducted by popular cryptocurrency rating agency, Weiss Ratings, has declared Ripple’s crypto coin is ahead of other coins. The Weiss Ratings poll was conducted on Twitter to determine the cryptocurrency which coin is the best to move funds between exchanges. The poll, which was conducted on Twitter was categorized into four with Ethereum, Bitcoin, XRP and “other” coins. XRP won the poll with 78% votes while Bitcoin had 6%, and Ethereum and ‘Other’ coins got 8% votes.
Over 7,598 crypto enthusiasts voted in the poll conducted by Weiss Ratings. Weiss Ratings describes itself as America’s only 100% independent rating agency. The agency provides ratings on cryptocurrencies, stocks, ETFs, mutual funds, insurance companies, banks, and credit unions.
Not the only poll Ripple’s cryptocurrency won!
Ripple’s XRP also came out the winner in a recent poll organized by CNBC’s Fast Money. The poll was conducted to determine whether users of Coinbase actually need Ripple’s digital currency. Coinbase’s decision to not include XRP in the list of coins they’re exploring before listing them raised an uproar. The exchange’s list included Stellar, Cardano, Zcash and two relatively unknown coins: 0x (ZRX) and Basic Attention Token (BAT).
Ripple’s digital token won CNBC’s poll with 34% votes. Other than Ripple’s native token, the poll also included Stellar (XLM), Cardano (ADA), and ZCash (ZEC). ZCash got 30%, and Cardano and Stellar got 25% and 11% respectively.
Ripple’s cryptocurrency winning in these polls signals that crypto enthusiasts are still rooting for the coin. Moreover, it shows that they’d like to see the third largest coin in the market listed on more exchanges. With increased popularity, the coin’s adoption will increase and so will the demand, which in turn will affect the price. Ripple’s native token could be looking at a good bull run in the future with such positive news.
Other Related Articles
- Ripple can ‘cope’ if XRP turns out to be security post SEC verdict: Expert
- Ripple’s XRP might soon be a payment option for Samsung in some Baltic states
Image via Bitcoin Exchange Guide
Join our Telegram group