XRP Surges Over 11% Overnight to Become Top Performing Cryptocurrency as Ripple Sees Regulatory Wins
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XRP price has surged over 11% overnight to $0.71, making it the top performing cryptocurrency in the top 10.
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XRP is up 24% over the past week after Ripple received regulatory approval for use in Dubai.
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XRP saw gains in July after a judge ruled some Ripple sales of XRP to retail investors did not constitute unregistered securities.
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XRP is up over 45% year-to-date, outpacing gains in Bitcoin and Ethereum.
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The broader crypto market has also seen small gains, with Bitcoin up 0.5% to $35,095 and Ethereum up 1.5% to $1,904.