Bearish market conditions aside, 2018 was undoubtedly a monumental year for the cryptocurrency industry as a whole. Investors continued to flock to this space. Hashrates drastically increased across notable Proof of Work-secured networks. Notable institutional players and high net-worth individuals made bullish forays. Bitcoin markets recently registered their highest BTC trading volumes in history. Blockchain development became LinkedIn’s fastest-growing job category. “What is Bitcoin?” established itself as the most common search term on Google. Yet, some would argue that some crypto-related projects, like Ripple and XRP, stood out more than others, and as such, should be commended.
While many bash Ripple, a San Francisco-based fintech startup, for being in bed with banks, the firm has arguably done well in serving its role in the centralized financial ecosystem.