XRP outstrips Bitcoin and Ethereum in the number of transactions

Apr 21, 2020 1
XRP outstrips Bitcoin and Ethereum in the number of transactions

The share of altcoin from Ripple in the total number of transactions with cryptocurrencies exceeded 50%.

The XRP occupied over 50% of all cryptocurrency transactions, the Ripple asset went around Ethereum and Bitcoin in this indicator. The number of operations with XRP approached a historic high of 1.7 million.

The last time a startup coin from San-Francisco showed similar results when the digital money market was at its peak - in late 2017 - early 2018. Over the past eight days, the number of transactions with XRP has increased by 128% - from 730 thousand to 1.6 million. At the moment, it is not known what these dynamics may be associated with.

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Earlier, venture capitalist Tim Draper said that XRP is greatly underestimated, so in the near future there will be a sharp increase in its value in a short period of time. According to Draper, the altcoin should already exceed $ 0.6 or $ 0.9, but so far it remains below $ 0.3 and is in a state of "calm before the storm."

 

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