The post Top Reason Why XRP Price is Up Today? appeared first on Coinpedia Fintech News
In the past day, while Ether and Bitcoin remained stable, XRP has witnessed a remarkable surge, making it the best-performing major cryptocurrency. XRP traders are closely monitoring this trend, despite Ripple’s separation from the coin.
What’s Behind the Spike in XRP Price?
The surge in XRP’s performance can be attributed to enthusiasm and speculation around potential improvements in the Ripple ecosystem. Even though Ripple distanced itself from XRP, traders remain vigilant about events that could impact the token’s value.
On Monday, XRP prices rose by nearly 11%, and trading volumes increased from $1 billion to $2 billion on Sunday. XRP’s market capitalization surpassed Binance Coin (BNB), making it the fourth-largest cryptocurrency, trading at 69 cents.
This recent price surge and increased trading volumes reflect growing investor confidence in XRP’s future potential. Notably, the gai
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