Banks and Deflationary Feature to Trigger XRP Price Rally. Here’s how

Key Points

1. XRP does not aim to replace existing banking payment channels like SWIFT but integrates with them, enhancing interoperability.

2. XRP has a fixed supply of 100 billion, with a portion (0.00001 XRP) permanently destroyed in each transaction, making it deflationary.

3. The gradual decrease in XRP's total supply due to transaction burns could increase its price as demand grows with adoption.

4. SMQKE emphasizes that XRP's design is tailored for institutional use, aligning with the banking sector's need for efficiency and sustainability.

5. Ripple's integration strategy and XRP's deflationary nature are seen as factors that could drive a sustained increase in XRP's value over time.