Posts

Showing posts with the label NFT

A New Trend That Could Drive XRP and Bitcoin Higher

Image
  POINT Bitcoin (BTC) and XRP (XRP) are becoming increasingly adopted by financial institutions. Both blockchains can be used for tracking real-world assets (RWA). As of early 2025, approximately $7.6 billion worth of real-world assets are recorded on the blockchain. This market is projected to grow to $30 trillion by 2030. XRP may be more suitable than Bitcoin for asset tracking due to its integration with financial institutions. DETAILS source : pixabay Initially, Bitcoin and XRP were used primarily for transactions and remittances. However, recent NFT and metadata functionalities allow these blockchains to directly track and manage real-world assets. Bitcoin (BTC) Previously, all Bitcoin tokens were identical, but now metadata inscription capabilities allow specific coins to hold unique asset information. This enables NFTs and real-world asset ownership to be recorded on the blockchain. However, Bitcoin’s limited upgradability makes it challenging for financial institution...