Should You Buy Cryptocurrency XRP While It's Under $3?

Core Viewpoint - The momentum behind XRP is strong following Ripple's settlement with the SEC and pending national bank charter application, but the relationship between Ripple's technology and XRP's demand is complex [1][6]. Group 1: Ripple's Technology and XRP Demand - Ripple's payment technology, RippleNet, can be utilized by banks without requiring them to hold or use XRP, which may limit XRP's demand despite the technology's advantages [2][4]. - Ripple's on-demand liquidity (ODL) product does utilize XRP as a bridge asset for cross-border transactions, but its adoption is limited to institutions facing liquidity issues, making it a niche solution compared to RippleNet [3][4]. Group 2: Future Challenges for XRP - Ripple's ambitions to develop a stablecoin could pose a significant challenge to XRP's growth, as stablecoins may offer similar benefits and are expected to see substantial adoption in the banking sector [6][7]. - The potential market for stablecoins could reach several trillion dollars by 2030, indicating a shift in preference among large banks towards products that do not require interaction with XRP [6][7].