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XRP / USD is staging a bigger recovery than its peers

  • Ripple surpasses Ethereum as the second largest cryptocurrency by market capitalization.
  • CIMB Group at the beginning of this week, the last partner to exploit Ripple technology.

Ripple's XRP recently passed Ethereum, as a second cryptocurrency for market cap, according to Coinmarketcap.com. The XRP at the time of writing has a market capitalization of over $ 19 billion compared to Ethereum behind $ 18 billion.

In the midst of the strong sales pressure that has spread to the market, Ripple's XRP has held up a stronger ground than most of its peers. This is not too surprising given the flow of positive news that continues to surround the Ripple.

At the beginning of the week, Ripple added another strong banking partnership, seeing CIMB Group as the ultimate financial organization to use their technology. There is not too much obstacle for the bulls to claim the $ 0.5000 mark. Further north, the eyes would return to $ 0.5500.

Daily XRP / USD chart

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