Greg Kidd, a prominent figure in the cryptocurrency space and an early executive at Ripple, has shared his thoughts on the key elements that will determine the long-term relevance of XRP. Based on the data provided in the document, his insights focus on the importance of liquidity and supply dynamics over short-term price fluctuations.
Роль XRP в экосистеме Ripple
Kidd, who has held a significant position in XRP for more than five years, argues that these factors are crucial for XRP's functionality within the Ripple ecosystem. He describes XRP as a bridge asset that plays a vital role in facilitating cross-border payments, which is essential for the token's adoption in global financial transactions.
Необходимость высокой ликвидности
According to Kidd, high liquidity is necessary for large-scale adoption, as it allows market participants to enter and exit positions swiftly and with minimal costs. He emphasizes that the long-term success of XRP hinges on maintaining deep and efficient markets, along with strategic supply management, rather than relying solely on immediate price increases. This perspective highlights the importance of a stable and robust market environment for the future of XRP.
In a significant development, long-term Bitcoin holders recently engaged in a historic distribution phase, distributing approximately $300 billion worth of BTC. This event contrasts with Greg Kidd's insights on XRP's long-term relevance, emphasizing market dynamics. For more details, see further information.
