[ChiefRocka]

Originally Posted by Taco John

The price run up will eventually stop, of course, because the whole point of XRP is to be a stable, transactable currency with a steady value. I suspect they will ensure a stable coin once their own stake is worth $1 Trillion dollars. That happens at a market cap of $700 billion dollars - quite a ways away. (This is just a guess on my part, though, but I think they're going to try to stabilize at a $20 coin in the long run).

No, banks don't hold XRP coins. The XRP coin is a proof of concept coin that they use to prove the viability of a closed system for the banks replacing SWIFT. The long term goal for Ripple is for XRP to replace Ethereum. The way things are looking, it's likely that they will be able to do that. Ethereum has scaling problems that Ripple appears to have figured out (not to mention Cardano, and any number of other coins that are better than Ethereum at what Ethereum is trying to do).

The only factual statement in that entire uneducated rant.