The crypto market has turned upside down. Yesterday the token of Ripple Labs, XRP, skyrocketed, raising by over 40% of its price. It even managed to outrun the coin Ethereum and became the world’s #2 cryptocurrency for a short period of time. The trading volumes of Ripple at some crypto exchanges also raised tremendously.
Experts believe that the price jump of Ripple is connected to the launch of the platform XRapid.
Even though, Ethereum managed to regain its place in the rating this time, it is definitely in quite a shaky position. Hopefully, the recently launched Ethereum 2.0 will have positive influence on the exchange rate of ETH.
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