CandleFocus XRP Rally Unstoppable: So What's the Reason for the Rise? – Solana (SOL) Founder Makes Critical XRP Call!
2024-12-02
Author: Content Editor
Ripple's cryptocurrency, XRP, has experienced a significant spike in value following Donald Trump's election victory. The reasons for this sudden rise are unknown, but blockchain analytics firm Scopescan suggests that Korean investors may be responsible. On the Upbit exchange, XRP's trading volume surpassed Bitcoin and other altcoins, reaching 11 times the transaction volume of Bitcoin. XRP also dominated trading on Bithumb, accounting for 32% of the platform's total volume. The co-founder of Solana, Anatoly Yakovenko, has called for a national reserve of XRP. XRP is currently the third-largest cryptocurrency in terms of market value, trading at $2.40 with a 28.7% increase in the last 24 hours.
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