XRP News: Ripple’s native crypto, XRP is on a whooping surge for the second consecutive day. XRP price managed to register maximum gain among the biggest 10 cryptos as the digital asset market records broad recovery. However, Bitcoin (BTC), the biggest cryptocurrency regain the $28K price level.
As per the data, XRP price surged by a massive 18% over the past 24 hour. This makes it the biggest gainer among the top 50 cryptos. The recent inflow has resulted in a whopping price surge of 25% over the past 7 days.
XRP is trading at an average price of $0.571, at the press time. This is for the first time since September 2022 that the XRP price has managed to breach the $0.56 price level. Ripple’s native token price is up by more than 67% on the year to date (YTD) basis.
Data depicts that XRP market cap registered an inflow of around $4.7 billion in the last 24 hours. It market cap stands over $29.5 billion amid facing legal challenges from the U.S. Securities and Exchange Commission (SEC).
The post XRP Price Spikes By 18%, Breaches $0.56 level; What’s Happening? appeared first on CoinGape.
