RAI Blocks: What Made this Project Peak in December?

RAI Blocks (XRB) was a little-known digital asset until recently. But it turns out the coin managed a climb that left even the peaking of Cardano (ADA) in the dust. The thinly traded coin saw sudden interest pick up in December, and it rose to above $10 within a month, starting at around $0.20.

This climb is exceptional even for crypto assets:

In the case of RAI, it remains to be seen whether the pump survives, as other assets have peaked and fallen. But right now, XRB is in the middle of a social media flurry, and may expect at least a few more volatile days.

RAI Blocks offers faster, free transactions on its network- however, even at those prices, the project has not launched an official wallet yet. Besides, most of the trading happens on smaller exchanges Mercatox and BitGrail, with unknown volatility profiles. At this price, XRB looks risky- and yet it is one of the coins that underlined the search for "the next Bitcoin".

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When it comes to price growth this year, XRB outperforms even Bitcoin, with a rise from $0.007 to the current double-digit price.

The Future of RAI Blocks

In the short term, it is unknown how RAI would perform, given the very fast rise of the asset. Addition to larger exchanges is expected. January 1 is the date set for a wallet launch, and XRB will aim to become a coin for micropayments, promising a fast network. But it is worth remembering that all networks are fast under test conditions, or when there is little actual load.

In the future, it may turn out all blockchains face limits to their capacity. Some believe RAI may be a good replacement for IOTA when it comes to micro-transactions. But XRB is more thinly traded, and may see easier bidding upward. Still, the RAI Blocks project promises even more growth in the next two months, but at $10, a correction is not unwarranted.