The rate of Ripple XRP increased by 22% and now its price is 0.55$
Almost a week ago we reported about the huge growth rate of the XRP, which at the time took the place of Ethereum by market capitalization. After its massive growth Ripple by 70 percent within 24 hours the pair XRP/USD slowed his pace as people started to sell the token to make a profit.
Ripple XRP right now
After strong sales, which occurred in early September on the market, XRP took the first steps up against the U.S. dollar on a recovery path.
Now, returning to the present, the Ripple is trading at 0.55 USD. In this day course, the Ripple has grown by 22.87% for the day.
A recent post on Twitter, Juste San gave his assessment of the surge of the cryptocurrency markets, stating that PNC Bank began to consider the Ripple Protocol. He also added that this is a sign that financial institutions will use the blockchain.