Is XRP a top long-term play in the crypto space?

XRP ( XRP -0.33% ) has rocketed to the upper valuation echelons of the cryptocurrency world. With a market capitalization of roughly $178 billion, it ranks as the third-largest cryptocurrency by valuation -- trailing behind only Bitcoin and Ethereum .

The cryptocurrency has seen big gains in conjunction with the apparent evaporation of legal and regulatory risk factors, other favorable political developments, and adoption of the token as part of exchange-traded funds ( ETFs ) and cryptocurrency treasury strategies. If you're wondering what's next for XRP, you're in good company.

A half-decade later...

XRP's network offers infrastructure and services for cross-border payments that could help the token continue to gain adopt

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