If you’ve been considering adding Ripple to your cryptocurrency portfolio, you’re likely wondering whether or not the asset is worth investing in. The short answer is – yes! However, to make sure that your Ripple investment is a smart choice for your individual goals, you’ll need to understand the specifics behind this particular cryptocurrency.

Ripple (XRP) was created as an open-source digital payments system, meaning it can be used to securely and instantly move funds without relying on a bank or traditional financial service. In terms of what it’s actually worth, Ripple’s token currently trades at $0.22 apiece – much lower than the most widely known digital asset, Bitcoin, which is trading around $44,000 at the time of this writing.

The benefit of this lower value is that it allows even novice investors the chance to add Ripple to their portfolios. Even a modest investment could prove highly profitable as the asset grows. However, to truly decide if Ripple is worth buying, it’s essential to understand its unique features.

Unlike many of the world’s top currencies, Ripple was designed to speed up the international payments process, making it ideal for large-scale cross-border transactions. The RippleNet platform allows companies and financial institutions to instantly settle cross-border payments with its cryptocurrency XRP, which is the primary asset that supports Ripple’s overall value.

That’s why Ripple is proving attractive to financial firms around the world, from companies in Europe and Japan, to some of the world’s largest banks. And while there’s no guarantee that Ripple’s value will increase, there are signs that it’s becoming increasingly popular with financial institutions – making it an interesting investment choice.