At the present time, the fourth largest in terms of the market value of XRP has reached a new historical high of 1.09 USD.
The XRP rally follows the months of the lateral trend of the crypto currency, which went up just a week ago after the positive news flow for Ripple. Also, the price reflected a general increase in prices among the altcoyins, as investors want to transfer money from the over-strained and falling in price bitcoins.
Most recently, in late November, the company announced that Standard Chartered and Axis Bank are launching a new platform for international payments, built on the basis of Ripple technology. Just a week before, American Express said it was using the Ripple network to connect Santander customers in Europe and the US.
Today's rise in prices, apparently, is largely due to demand in Asian markets.
According to CoinMarketCap, XRP increased trading volumes in the last 24 hours by almost 25% on the large South Korean Bithumb stock exchange, while the volume at Bitfinex in Hong Kong increased by more than 10%.
At the time of printing, XRP is trading at $ 1.09. Over the past 24 hours, the Crypto currency has grown by more than 40%. P ynochnaya Ripple capitalization now exceeds $ 42 billion, which is also a new record high.