XRP Surges 10% to Become a Top Performing Crypto as Trading Volume Doubles
-
XRP spiked 10% to become a top performing crypto, while BTC and ETH held steady. Prices rose over 11% before retreating.
-
Trading volumes spiked to $2 billion from $1 billion. XRP replaced BNB as the 4th largest token by market cap.
-
Gains were largely spot-driven as XRP futures liquidations were just over $4.4 million.
-
Bulls may have reacted to Ripple getting approvals to operate in Georgia and Dubai last week.
-
Ripple will work with Georgia's central bank on a Digital Lari pilot using Ripple's CBDC platform.