On Tuesday, 18th September, XRP showed the remaining top 100 cryptocurrencies that are done by recording the largest gain (up 16% above USD) in last 24 hours, and in this process to raise the whole mood of market (most of the top 100 cryptocurrencies currently in the green, with BTC price at $6.336, up by 0.54%, and ETH price at $209.38, up by 2.29%).
The XRP price reached an intraday high of $0.3338, which is the highest price since September 2. At the time of writing (approximately 18:30 UTC + 01:00), the price has gone back at a valuation of $0.3156, up 15.77% in the past 24-hour period.
So, what’s going on behind the third most valuable cryptocurrency today doing so well today?
Ripple’s Head of Government & Regulatory Relations, Mr. Sagar Sarbhai had this to say about Ripple’s xRapid during the CNBC interview:
“I am confident that in the next one month or so you will see the good news where we launch the product live in production.”
According to the XRP charts ( a device provided by Ripple), over the last 24 hours, the total XRP trading volume (in all crypto exchange) was approximately $440 million, with the largest amount (about 20%) on the Binance.