Summary
- Charles Hoskinson said XRP has significant growth potential in the DeFi sector.
- He said that despite XRP's high market capitalization, it lacks its own revenue-generating infrastructure.
- Hoskinson predicted that if proper infrastructure is built, the XRP DeFi ecosystem could grow to the scale of billions of dollars.
Charles Hoskinson, founder of Cardano (ADA), drew attention to the growth potential of XRP in the DeFi (decentralized finance, DeFi) sector.
On the 7th (local time), according to crypto asset (cryptocurrency) specialized media CryptoBasic, Hoskinson said, "XRP's market capitalization exceeds $100 billion, but it has little to no revenue-generating infrastructure of its own," adding, "If XRP is combined with real-world assets (RWA) and yield-generating financial products, massive capital could flow into the DeFi ecosystem."
He went on to predict, "If the proper infrastructure is built, the XRP DeFi ecosystem could grow to the scale of billions of dollars."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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