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There is an unusually bullish push within the XRP ecosystem. While the source of this positive sentiment remains unknown, it has triggered a massive buying spree among traders.Data from CoinMarketCap shows that the XRP trading volume has jumped by 202% in the past 24 hours to $2,569,261,126. This heightened trading sentiment shows that a total of 5,141,607,216.33 XRP has been traded in 24 hours.
XRP is known as the digital currency with a relatively conservative growth pace. Recording a triple digital boost in volume might imply renewed interest is making its way into the community. As it stands, the only major update from Ripple Labs is in line with its forthcoming While this poses a milder threat to XRP’s status as a cross-border payment token, analysts believe the coin has a lot to gain from this product.Though it remains unknown whether XRP can sustain its ongoing bullish push, the coin is positioning for a massive rally ahead. With the nearing its end, analysts believe the major growth inhibitor associated with XRP is set to come to an end soon. is also a major factor to watch out for.