XRP (XRP) Price Awakens as xRapid Launch Indicated for Year-End
Cryptovest
Published Sep 18, 2018 11:01AM ET
Updated Sep 18, 2018 12:20PM ET
XRP (XRP) Price Awakens as xRapid Launch Indicated for Year-End
The XRP (XRP) market price grew against the sliding market on Tuesday, as news of successful tests of Ripple’s cryptocurrency-focused solution xRapid suggested an official launch by the end of the year. XRP prices jumped significantly, moving in one hour from $0.27 to around $0.30 as of 12:00 UTC on Tuesday and continuing up to $0.33 as at 14:50 UTC.
XRP volumes grew as commentary on the upcoming xRapid payment system suggested a long-awaited official launch could materialize by the end of the year. The news of the potential launch came from Sagar Sabhai, head of regulatory relations at Ripple for the regions of Asia-Pacific and the Middle East.
"I am very confident that in the next one month or so you will see some good news coming in where we launch the product...
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.