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Ripple (XRP) has had a good run in terms of adoption, with hundreds of banks across the world adopting it, and things seem to be getting better by the day. The Santander group, one of the biggest financial institutions in Europe has announced that they will be using XCurrent, to cut cross-border transactions to less than a day.  The company is launching a service called one pay FX. Through this service, people can make payments across Europe, the U.K and even in the United States within a day. They intend to scale this service all across the world, and make it the go-to platform for international payments.

So how does this all connect to ripple (XRP)? Well, part of Ripple’s plan is to first hook financial institutions to XCurrent, then push them towards Xrapid (XRP). That’s because while XCurrent is fast and can make cross-border payments in a day, Xrapid is faster and allows banks to do these transactions instantly, while saving 30% more.  Ripple does this upgrade for free, which means that no institution would ever turn down the chance to upgrade from XCurrent to XRP for cross-border payments. As such, anytime an institution chooses to use XCurrent for cross-border payments, you can be sure that they will be upgrading to Xrapid in the future. In essence, Santander is part of a growing list of mega-financial institutions that will be using ripple (XRP), taking it closer to becoming the dominant crypto in international payments.

With all these adoptions, shouldn’t ripple (XRP) be surging? Well, at the moment, all cryptocurrencies are down, irrespective of levels of adoption. That’s because the altcoins market is still tied to bitcoin, since it’s the largest cryptocurrency by market capitalization. As such, anytime it goes down, it pulls the rest of the market with it. Luckily, this will change in the near future. That’s because more exchanges are pairing altcoins with fiat. Once this happens at scale and more people have the opportunity to buy altcoins without having to go through BTC, strong coins like XRP will surge.  If at current levels of adoption XRP were decoupled from bitcoin, it would be trading at more than $10. That’s because it has a use case and an adoption rate that is way higher than many other coins in the market, and that would reflect in its valuation.

On top of that, there is a large number of ripple coins in the market, but this will slowly change in the near future. That’s because as ripple coins get used for transactions, they will decline in supply. As such, with large institutions like Santander coming in, the amount of XRP taken out of the market will rise faster, and this will reflect in the price.

When you put these factors together, it is clear that ripple is highly undervalued at current prices. In the next 5 years, people will be looking back at Ripple and wondering how they missed out, when it was so cheap. This is the best time to stock up on Ripple (XRP) before it’s too late.

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