- Ben Armstrong believes XRP will be among the top performers in the next bull cycle.
- Armstrong’s belief is influenced by XRP’s properties, the power of its community, and its tendency to attract developers and investors.
- According to Armstrong, XRPL is permissionless and as decentralized as most other layer-1 networks.
Ben Armstrong, a renowned cryptocurrency influencer, believes XRP would be among the top performers in the next bull cycle, considering the token’s properties, the power of its community, and its tendency to attract developers and investors.
The blockchain analyst started by debunking rumors that XRP is centralized. Citing the XRPL, the community-based blockchain protocol behind XRP, Armstrong noted that it is a blockchain that is permissionless and as decentralized as most other layer-1 networks that it is competing against.
In a recently uploaded video, the crypto influencer explained that the most crucial part of the XRPL is the native token, XRP. According to Armstrong, the XRP token separates XRPL from other layer-1 protocols and smart contracts.
In line with the blockchain’s properties that would promote adoption, Armstrong …
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