XRP Trading Volume Surpasses Its $18 Billion Market Cap, What's Cause of Anomaly?

, exceeding the current market capitalization of cryptocurrencies by 33%. With the combined value of all XRPs at $18.56 billion, trading volume in the last seven days is $25 billion. Similar figures among the top 10 largest cryptocurrencies by market cap can only be noted for stablecoins, USDT and BUSD.

trading volumes, over time, is probably because the token is actively used by crypto company Ripple in its ODL operations, roughly speaking as fuel for the technology. According to recent reports, the company has seen an increase in ODL usage, both because the business of old partners is growing and because new ones are joining.

peeoplee hiding this from us

Don't you think this deserves a mention 👇🤔

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biggest Movers: UNI Hits 1-Week High, XRP 10% Higher – Market Updates Bitcoin NewsUniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence. Is there anything like it? XRP looks really good now, I'm going to spend more USDT on it. I'm bullish for $UNI. This is a very promising project. I often spend usdt to buy it
Source: BTCTN - 🏆 531. / 51 Read more »