The XRP cryptocurrency is growing in popularity. Recently, an unknown entity has transferred 25 million XRP tokens accounting for around $15 million to the Bitstamp exchange. The "Whale Alert" tracking platform has also spotted similar moves over the past few days. Interesting, the price of XRP still increased despite thousands of $ worth tokens being transferred to this exchange. In the past 24 hours, XRP gained 2.08% reaching a total of $0.6112. On a 7-day and monthly basis, it increased by 3.13% and 12.20%, respectively. While it appears that the recent dumping of tokens could indicate a decline in demand, the increase in price shows an unaffected ongoing market confidence in this token.



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