Ripple XRP again swung back into positive territory on Monday. It jumps from $0.9789 to $1.07 today as South Korea’s Woori Bank became the latest financial institution to test drive the payment platform. Everyone is talking negative about Ripple and for all the doubt surrounding XRP’s viability as a usable token, institutes are now focusing on lining up by the dozens to integrate the platform with their value chain.
Today Ripple XRP token climbed 17.94% to $1.07 on Monday, after hitting a session high of $1.09. All of the cryptocurrencies are trying to stabilize the coins from the past two weeks. Have a look at current today’s Ripple XRP price below in the chart:
Today XRP is the world’s third top cryptocurrency with the market cap of $41.1 billion. It peaked at n0. 2 at the start of the year with a total capitalization of $142 billion, according to CoinMarketCap.
The bulk of the trades were placed on South Korea’s Bithumb, which processed more than 26% of the daily turnover. Binance also saw 12% of the daily transaction amount.
Meanwhile, the broader cryptocurrency market touched 12-day highs of $469 billion.