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.
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Source: https://coingape.com/xrp-news-xrp-decouple-from-top-crypto-trading-vol-spikes/