Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs

2020-9-26 18:04

Coinspeaker
Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs

XRP, XRPL native coin and also a part of Ripple’s bigger picture has been gaining traction, from retail traders, institutional investors and also as a means for an affordable payment system globally. Although the company is hardly focused on its market price on the shorter time frames, retail and institutional investors are keen on its performance as an asset investment. Recently Ripple has also stated that it’ is going to connect global CBDCs through its XRP.

According to metrics provided by CoinGecko, XRP had dropped 14.1% in the past 30 days through Thursday, it also had dropped 5.3% in the past seven days through Thursday and had added 5.5% in the past five days. At the time of writing, the asset was trading around $0.238.

On the other hand, Bitcoin has dropped 6.5% in the past 30 days through Thursday, dropped 2.9% in the past seven days and has added 2.3% in the past 24 hours. Notably, it was trading around $10,617 at the time of writing.

Also worth noting is that XRP had a market capitalization of around $10,751,923,612, and a daily traded volume of approximately $1,473,174,391. Hereby ranked the fourth position according to its market cap and dominance. There are around 45,097,364,449 XRP circulating in the global market. Technically, it recently broke its multi week and year falling trend and is possibly gathering new momentum to fuel a new bull rally.

XRP and Global CBDCs

In the 2017/2018 rally, almost all digital assets were affected by the crazy speculation that saw them hit their ATH. However, onwards, every digital asset will derive its value from the scale of challenge its solving for the greater humanity. As a result, Ripple has been laying strong foundations for XRP to succeed in years to come.

As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs. The company indicates in its recent insights:

“Using a neutral and efficient digital asset like XRP also reduces the hegemonic influences of the most powerful nations and helps level the playing field in the international trade’s payment system”.

As an XRP investor, it’s worth noting that Ripple’s Navin Gupta has officially confirmed that the Indian HDFC Bank has joined RippleNet. In addition, Data from Whale Alert revealed that Chris Larsen, Ripple’s co-founder and Chairman transferred 499,999,979XRP to an unknown wallet.

In his defense, he tweeted:

“As some of you may have noticed, I moved an $XRP wallet to NYDIG. I’ve known the founders for a while, and am impressed by their security and top-notch institutional standards — this is truly custody 2.0.”

Notably, NYDIG provides digital asset services to investors around the world.

Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 2.5043 (-2.38%)
Объем 24H $17.866b
Изменеия 24h: 0.96 %, 7d: 8.27 %
Cегодня L: $2.5043 - H: $2.6237
Капитализация $143.217b Rank 3
Цена в час новости $ 0.2448 (923%)

xrp ripple cbdcs global neutral asset between

xrp ripple → Результатов: 126


Фото:

Ripple предупредила о росте числа криптомошенничеств на фоне бычьего ралли XRP

Компания Ripple предупредила подписчиков в соцсети Х о массовых случаях фишинга и мошенничества на фоне роста крипторынка, в частности, криптоактива XRP.

2024-12-3 12:57


Фото:

XRP выросла на 20% после встречи гендиректора Ripple с Трампом

Американское издание FOX Business сообщило, что генеральный директор Ripple Брэд Гарлингхаус встретился с избранным президентом США Дональдом Трампом. На фоне этой новости криптовалюта XRP выросла на 20% — до $0,9842.

2024-11-18 11:49


Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

2024-11-3 12:03


Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

2024-8-10 01:38