XRP Price Surges 10% Amid Market Cap Growth and Institutional Interest
- XRP price increased by 10% in the last 24 hours, reaching $2.59.
- Ripple’s market capitalization rose to $151 billion, up from less than $30 billion seven months ago.
- Daily XRP transaction volumes hit $7 billion, a 66% increase over the previous day.
- Since July, XRP has added nearly $100 billion to its market cap following Ripple’s legal victory against the SEC.
- Ripple whales moved $175 million XRP before the rally, boosting short-term interest.
XRP’s recent price surge is supported by a significant increase in market capitalization and transaction volumes, alongside institutional interest and macroeconomic factors. The token’s value has risen sharply since Ripple’s legal success against the SEC.
Source (2.6)https://coingape.com/xrp-price-soars-by-10-as-ripple-adds-100b-in-market-cap-since-sec-lawsuit-victory/?rand=24432
