Ripple remains to be the third-largest crypto asset by market capitalization. Not only that, the cryptocurrency is expected to have an increased usage this year via cross border payments in Latin America, Africa, and Southeast Asia.

Over the past few days, major cryptos successfully have surged higher. But the interesting thing is that XRP outperformed Bitcoin (BTC). According to crypto analysts, XRP has a big chance to rally following DASH and Bitcoin SV.

XRP Soon to Explode Higher

Back in 2019, XRP has seen with rough trading performance. However, top analysts see a big picture for XRP’s uptrend. There are a few reasons behind the possible surging of XRP’s price.

First is the banking institutions’ increased adoption of XRP. Over the decades, Ripple delivers a remarkable blockchain solution in the financial industry. In fact, problems like unreliability, high transaction costs, and slow transaction processing were solved.

So far, more than 100 financial firms have already partnered with Ripple. Besides, more partnerships from banks in Germany are coming.

African-focused firm Flutterwave will also have a partnership with Ripple. The said partnership will allow Flutterwave to use the blockchain technology in building a solid, innovative payment infrastructure. As soon as the partnership goes deeper, the use of XRP will naturally arise. As a result, the price will be positively impacted.

If you’ll remember, since the 25^th of February, 2019, XRP has been trading live on Coinbase Pro with XRP/BTC, XRP/EUR, and XRP/USD pairs. However, the downside is that only users from Australia, Singapore, Canada, European Union member nations, and the US (non-New York residents) can trade the crypto on the platform.

On the bright side, more countries on the list will be announced at a later date. That said move successfully increased the XRP’s price by near 3 cents in just a matter of an hour.

Furthermore, the Ripple platform is now considered the fastest financial transaction platform in the world after outperforming Visa.

Ripple tried to expand its reach to some companies that transfer and process payments by means of XRP.

Money Remittance company Mercury FX utilizes XRP in sending payments across Mexico. For now, the company already created a payment channel with the Philippines, allowing various customers and institutions to send payments as fast and easily as possible.

As more companies test XRP, there’s a huge chance that the cryptocurrency will continue to expand.

When Is the Next XRP’s Major Rally?

Twitter-based crypto analyst CJ said that the mid-range equilibrium of XRP could serve as a possible catalyst for a massive movement at $0.40 high.

Meanwhile, based on the chart provided by popular analyst CryptoGainz, the next major rally of XRP will happen in the next two weeks. Besides, many crypto analysts speculate that XRP can possibly break the close correlation to Bitcoin soon as well as incur some significant independent momentum.

At this moment, everyone is looking forward to whether or not the upcoming two weeks can be favorable for XRP.