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

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

XRP Soon to Explode Higher

Back in 2019, XRP hasseen with rough trading performance. However, top analysts see a big picturefor XRP’s uptrend. There are a few reasons behind the possible surging of XRP’sprice.

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 100financial firms have already partnered with Ripple. Besides, more partnershipsfrom banks in Germany are coming.

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

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

On the bright side, morecountries on the list will be announced at a later date. That said movesuccessfully increased the XRP’s price by near 3 cents in just a matter of anhour.

Furthermore, the Rippleplatform is now considered the fastest financial transaction platform in theworld after outperforming Visa.

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

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

As more companies testXRP, 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 thechart provided by popular analyst CryptoGainz, the next major rally of XRP willhappen in the next two weeks. Besides, many crypto analysts speculate that XRPcan possibly break the close correlation to Bitcoin soon as well as incur somesignificant independent momentum.

At this moment, everyoneis looking forward to whether or not the upcoming two weeks can be favorablefor XRP.