NewsletterXRP Decouple From Top Crypto; Trading Vol Spikes By 120%
XRP News: The global crypto market has been stuck in a stagnant phase as investors look disinterested in putting their money in the market. The biggest crypto like Bitcoin (BTC) price and Ethereum (ETH) price has registered marginal price drops over the past 7 days. Meanwhile, XRP, Ripple’s native token has managed to register a gain in the same period.
XRP more profitable than BTC?
XRP has turned out to be the top choice among the rest of the crypto. WhaleStats reported that XRP has landed on the top 10 list of tokens used by the top 100 and 2000 BSC whales by trading volume in the last 24 hours.
XRP 24 hour trading volume has surged by a whopping 120% to stand at $1.01 billion. XRP price is up by almost 6% in the last 24 hours. This surge has come amid the recent crypto downturn. The crypto market cap has dropped massively to stand at $813 billion. Read More XRP News Here..
Ripple’s native token is trading at an average price of $0.37, at the press time. Coingape reported that the XRP took over BUSD in terms of market cap to take the 6th spot in the tally of biggest cryptos. It is still holding a market cap of over $18.6 billion despite facing legal troubles from the SEC.
Earlier, Ripple announced that it has now officially launched the cross border payments in Malaysia. This move has come amid facing a legal battle against the US SEC. However, Ripple has become a 40% stakeholder in Tranglo. The firm also settles transactions using ODL.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Breaking: Canary Funds Files for First-Ever MOG ETF
- Hawkish Fed President Bostic To Retire In February Amid Push For More Rate Cuts
- Hyperliquid Halts Deposits and Withdrawals Amid POPCAT Liquidation Saga
- Arthur Hayes Issues Advice To ZEC Holders Amid Push For Crypto Privacy
- Market Structure Bill: Senate Ag Committee Targets Early December Markup
- Sui Price Set for a $5 After Launch of USDsui Native Stablecoin
- Ethereum Price Holds Above $3,400: Can Bulls Defend This Key Support?
- After a 108,000% Burn Spike, Will Shiba Inu Price Hit $0.000016 Next?
- Bitcoin Price Eyes Fresh Rally as U.S Government Reopening Sparks Risk-On Mood
- Pi Network Price Eyes Rally to $0.5 as Top Whale Holdings Nears 375M Tokens
- When Will Solana Price Reach $300: Prediction and Analysis
