The price of Ripple has increased by 120%. XRP ahead of Ethereum in terms of market capitalization

The price of Ripple has increased by 120%. XRP ahead of Ethereum in terms of market capitalization

A sharp jump in the price of XRP over the last four days has radically changed the picture on the cryptocurrency market. Today, Friday, the so-called banking cryptocurrency was overtaken by capitalization, the number two cryptocurrency – Ethereum, which moved down to third place.

According to CoinMarketCap, with a market capitalization of XRP has more than doubled this week and now stands at 26.6 billion dollars. Starting Tuesday, the price of XRP has increased by almost 120%.

Also read – causes of the increase in the price of Ripple

Ethereum, which has long held second position in the ranking of cryptocurrencies, dropped to third place, and the capitalization of cryptocurrency stands at 23.4 billion dollars. Price Ethereum has grown by about 7% on Friday and is far behind the increase in the price of XRP, which just today has already shown 90% growth and continues to grow.

Daily turnover of XRP now is about 2.6 billion dollars, compared to Tuesday it rose by 800%.

At the time of this writing, the total market capitalization of crypto-currencies is around 227 billion dollars. Just 24 hours ago total capitalization was only $ 200 billion.

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