XRP Ledger New Account Activations Hit 1 Year Highs of 4,224 per Day
November 22nd 2020
The crypto market exploded these days with Bitcoin being able to surpass $18k for the first time in three years.
Forbes wrote that Ethereum, XRP, Litecoin and chainlink have a combined market value of around $100 billion, and they have each added between 20% and 50% this week – in other words; they outpaced even BTC’s rally.
He continued and said “Ethereum’s up, and coming transition to proof-of-stake is being closely watched. [Its] strong price performance underlines a mood of optimism that seems to be lifting the crypto space. While bitcoin is the undisputed king of crypto, the flourishing ethereum community is alive with many possibilities.”
Ripple hits the highest price since July
Regarding Ripple’s XRP, the other day we were reporting that the coin was up by more than 33%.
This is the coin’s highest price since the past July. Now, at the moment of writing this article, XRP is trading in the green and the coin is priced at $0.446890. In the past 24 hours, XRP is up by more than 20%.
We were also revealing that a popular XRP analyst and trader said that XRP might finally be entering a long-awaited bull cycle.
The analyst goes by the name Magic.
— MAGIC (@MagicPoopCannon) November 17, 2020
Ripple has been working hard to push the XRP mass adoption and to boost the whole XRP ecosystem as well. The community is excited to see the coin’s price mirroring the success of the firm.