According to Ripple Lab’s site this company contributes less than 1% to XRP exchange volume with its algorithmic trading. At the same time, there are multiple unconfirmed rumors as well as indirect indications of that XRP prices are very laboriously and skillfully managed. With largest holders of XRP being Ripple itself there’s a little doubt which party can only exercise that type of influence.
It poses some questions about “Sustainability” (“b-”) of XRP economy and its “Value” (“b-”), which is based on very large holders / speculators base but, on the other hand, is expertly orchestrated by a highly centralized authority (almost like a micro state). At the same time, XRP real “Engagement” (“b-”) with users (or “usability”) is still restricted to daily trading and, potentially, rising funds for SME.
As soon as speculative interest for XRP starts to drop it really comes to Ripple company itself, which highly depends on XRP for self-financing, to properly defuse the situation. With time, specially if crypto-currencies market continues its slow-motion downfall, it might become more and more difficult to the point, when Ripple won’t be able to periodically dig into peoples pockets without significantly dropping the prices.
That might create a spiral-down effect from which XRP might not be able to recuperate without significant loss in value.
Still, speed, costs and ease of dealing with XRP, its support by all main multi-wallets, as well its availability on practically all exchanges puts XRP “Transactions” sub-rating to “a”.
‘Tokenomics’ sub-rating (Sustainability- Value- Engagement- Transactions): b-b-b-a
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