Bearable Guy

Jun 6

Not Trading Advice!

The XRPL’s theoretical TPS is much higher than 1500. It’s closer to Solana’s but it also really hasn’t been tested at that speed.

Solana transactions per second are claimed to be 65,000 TPS in benchmark testing, although they are closer to 3,000 TPS in the real world — and its “real TPS” metric is much lower.

XRP/Ripple tested up to 70k txs a second with an average settlement of 3.7s using the Payment Channel feature. Payment Channels provide high volume transactions asynchronously off-ledger with a single settlement when the channel is closed.

It is important to be diversified. Prior to 2 years ago, BTC, XRP, SOL & HBAR were part of the OaksAcorn mix. I no longer have that luxury of being diversified and currently forced by experience and faith to be a one horse pony - XRP.

XRPL is extremely powerful and will become even more so with the advent of Hooks.

"Hooks add smart contract functionality to the XRP Ledger: 'layer one' custom code to influence the behaviour and flow of transactions. Hooks are small, efficient pieces of code being defined on an XRPL account, allowing logic to be executed before and/or after XRPL transactions.

The XRP ledger is known and is being appreciated for its transaction throughput, speed and the low fees. Combined with available advanced transaction types like multi sign, escrows, payment channels and even a decentralized exchange (all on ledger, out of the box, without requiring smart contracts) the XRPL has a lot to offer businesses and (creative) developers."

The XRP Ledger Consensus Protocol is egalitarian - no bullies allowed.

Be clear, Wall Street is salivating at the thought of a Ripple IPO and others to cum. Regulatory capture has played itself out. They are happy to move forward and make hay with Ripple.

In March of 2017, the 9, 3, 3 Stoch RSI bottomed at 5.99. We are currently at 10.50. Note, for those who have watched markets over the years, that XRP is a different animal trading wise. Look at history here. Look at what history gave us in the face of upcoming utility. The monthly parallel channel is real and the channel will continue to play out. XRP was the last to go in 2017 when BTC stretched for a new ATH and pulled back. Most Alts had already took off. XRP was last and the most powerful. We are getting to such a moment with BTC & BTC continues to march to BTC S2F. The Alts will follow this time (the powers that be have showed their hand in the last 4 weeks) and XRP's channel will continue to be fulfilled.

Hold tight. Stay strong. Squeeze your pooch. Keep an eye on the Bear.