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.

Get Profits with HODLing on Binance Earn

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."


What will be the XRP price at the end of this year? Share in comments and follow us on Twitter!
Stay tuned with Cryptogeek and follow the cryptocurrency blog together and you won't miss the breaking next news!

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.

Here are no comments yet. Be the first!