XRP has emerged as the top-performing cryptocurrency in the last 24 hours, leaving Bitcoin (BTC) and Ethereum (ETH) in its wake.
Notably, the price of XRP experienced an impressive 8.5% spike on Sunday to tap $0.67, with trading volumes skyrocketing from $1 billion to $2.7 billion over the last 24 hours. More remarkably, XRP has claimed the fourth-largest market capitalization, outpacing Binance Coin (BNB).
On-chain analytics firm Santiment highlighted this growth today by tweeting;
“XRP-Ledger is at it again, reaching a market value north of $0.68 for the first time since August 2nd. The 3-month high happened as XRP moved up +23% against BTC in just the past week. Wallets with 100K-1B XRP now hold 45.8% of the total supply, their highest level in 2023.”
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