Ripple’s XRP is one of the most popular cryptocurrencies, and the legal battle with the United States Securities and Exchange Commission has put it under the spotlight even more, if that’s possible.
The case in point was brought up a few years ago, when the SEC alleged that Ripple conducted an unregistered sale of securities, essentially classifying XRP as such.
That said, its future seems reliant upon the outcome of that lawsuit, but we decided to take it a step further and ask ChatGPT about what other considerations could impact it. Here’s what the world’s most popular AI-based chatbot had to say when asked:
What are the factors that are important for Ripple’s Future?
Adoption by Financial Institutions
ChatGPT says that “Ripple’s success depends on its ability to establish partnerships and gain adoption by financial institutions, such as banks and payment providers.” The AI argues that the more institutions integrate the firm’s technology into their operations, the
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