Ivy Price

While it might take a while to see the types of enormous gains that Ripple achieved, there's no doubt that IVY has massive upside potential. Some might think this is simply because it has a similar type of use case to Ripple but that isn't the whole picture.

The reason that Ripple has done extremely well despite many in the cryptocurrency community not being wholly supportive of it, is that it has filled a niche of being a bridge between cryptocurrency technologies and traditional financial systems. It is a cryptocurrency that existing banks and systems can more easily understand and use. And in the early stages of wider cryptocurrency acceptance and adoption, these types of use cases are very important.

Ripple and IVY are not attempting to replace existing financial systems, which are supported by huge amounts of money and influence, and instead are trying to create a cryptocurrency-based tool that banks can use to improve their efficiency and performance. And by including a far larger number of data points for each financial transaction than Ripple, IVY places itself in a very good position for widescale adoption by the existing banking sector.

Does anyone else have any thoughts on the importance of cryptocurrencies, in the initial stages at least, integrating with existing systems rather than trying to replace them outright?

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