Altcoin Ripple (XRP), which saw explosive growth last week, outperformed Ethereum (ETH) to be ranked in second place by total market capitalization on CoinMarketCap.
At the time of the press, Ripple has a market capitalization of about $ 26 billion, while Ethereum – now in third place on CoinMarketCap – has a market capitalization of about $ 23 billion. Bitcoin (BTC) is still in first place, with a market capitalization of around $ 115 billion.
Ripple saw an unprecedented 140% growth in the week, almost 80% in just one day, to trade at around $ 0.65 per press hour.
Weekly Ripple Price Chart Source: Cointelegraph Ripple Price Index
Earlier this week, Ripple executives suggested that early its xRapid payment platform was launched. one of the top ten US banks announced that it will use RippleNet to process international payments for its customers.
In a 24-hour period, the total market capitalization of cryptographic markets gained about $ 26 billion, with a total market capitalization of about $ 228 billion per print time.
Total daily market capitalization. Source: CoinMarketCap