Ripple XRP at an all-time high: Transactions of 1.6 million and transfer of 1.5 billion to bank vaults

Ripple XRP at an all-time high: Transactions of 1.6 million and transfer of 1.5 billion to bank vaults

dmm bitcoin ripple cash

The Ripple XRP is currently at an all-time high, showing excellent results. The digital asset of Ripple XRP impresses with its market advancement. This is proven by the relevant data. Thus, the transaction Ripple XRP amounted to 1.6 million, as well as a transfer of XRP 1.5 billion in bank vaults.

Ripple XRP at an all-time high: Transactions of 1.6 million

Ripple XRP in the number of transactions reached 1.6 million. According to the BitInfoCharts crypto data tracker, this is almost a record. A certain part of Ripple XRP transactions, in this case, is debt receipts sent through XRP. Ripple XRP Ledger has a built-in decentralized system with IOU, which is designed to give people the opportunity to trade assets of any type in electronic form.

It is worth noting that the number of transactions of Ripple XRP exceeded more than half the transaction of all other digital assets. At the same time, Ethereum was in second place, and Bitcoin only achieved third place. Thus, the growth of Ripple XRP transactions was really quite significant, becoming a kind of breakthrough. The expert @klyax from the largest Ripple XRP community in Telegram “RippleXRPClub” gave a rather substantial reason why such a breakthrough in a digital asset could take place. According to the expert, the growth of XRP transactions could take place due to https://dex.xrplapps.com/

Ripple XRP at an all-time high: Transactions of 1.6 million

This is Ripple’s DEX platform, where various cryptocurrencies and even gold are directly transferred using the Ripple protocol. This project, obviously, has also been promoted as part of the Ripple strategy to increase interest in XRP. Thanks to this, the growth of Ripple XRP transactions could indeed take place on such a huge scale.

Transfer 1.5 billion to bank vaults

1.5 billion Ripple XRPs were transferred from private Bitstamp wallets to Class 3 bank vaults, which are protected by a 100 million insurance. Based on these and other data on the digital asset, experts from the Ripple XRP Daily News note that cryptocurrency can expect a huge breakthrough that will exceed all expectations in two years. There are certain concerns about security issues. However, such concerns are not predominant, and the fact that the Ripple XRP continues to gain momentum is quite obvious.

About Viktor Sokolov 163 Articles
Nerd, entrepreneur & coffee aficionado. Believes that blockchain infrastructure and bitcoin will be the money system of the coming decades. Trying to make visible what this means for technology, economy, companies and societies.

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