There is no doubt that XRP has experienced one of the most impressive last days in the encrypted markets. It all started on September 17, when one of Ripple's executives suggested that xRapid would go live in the coming months. Sagar Sarbhai, head of Ripple's regulatory relations for the Asia-Pacific and Middle East, was the executive who made the following comments regarding xRapid:
I am very confident that in the next month about you will see some good news coming where we launch the product live in production
What followed then is that the XRP rose from levels of about $ 0.27 on September 18, to its most recent peak of $ 0 , 80 on September 21st. This was a 196% increase in three days and only considering the new peak value. During the process, XRP managed to free Ethereum (ETH) from step 2 as reported on coinmarketcap.com.
Ethereum recovers spot number 2
Shortly after XRP peaked at $ 0.80, l & # 39; digital activity has undergone a correction that currently has a value of digital assets of $ 0.583. Ethereum on the other hand, is now valued at $ 245 and up to $ 17 from the XRP surge in the markets. This allowed ETH to claim position number 2 with an advantage of $ 1,224 billion on XRP in terms of market capitalization.
However Ethereum's position number 2 could be threatened again as we approach the new week. Using the current market capitalization of ETH, the XRP should only be valued at $ 0.629 to raise Ethereum again.
What do you think awaits us for ETH and XRP with the new week? Let us know in the comments section below.
Disclaimer: this article is not intended to give financial advice. Any opinion here is purely that of the author and does not represent the opinion of Ethereum World News or its other writers. Perform your research before investing in one of the many cryptocurrencies available. Thanks .