XRP Trading Volume Surpasses Its $18 Billion Market Cap, What's Cause of Anomaly?

XRP's $25 billion trading volume prevails over its market cap, what's behind it? xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple $xrp

, exceeding the current market capitalization of cryptocurrencies by 33%. With the combined value of all XRPs at $18.56 billion, trading volume in the last seven days is $25 billion. Similar figures among the top 10 largest cryptocurrencies by market cap can only be noted for stablecoins, USDT and BUSD.

trading volumes, over time, is probably because the token is actively used by crypto company Ripple in its ODL operations, roughly speaking as fuel for the technology. According to recent reports, the company has seen an increase in ODL usage, both because the business of old partners is growing and because new ones are joining.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

XRP and Ripple Receive Six Times More Briefs in Support Than SEC$XRP gains enormous support as new developments take place xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple sec garygensler
Read more »

XRP Suddenly Spikes 10% on Fresh Speculation on Ripple-SEC SettlementXRP: Recent speculation on Ripple-SEC settlement raises price by 10% XRPArmy XRPCommunity XRPthestandard XRPHolders $XRP
Read more »

Biggest Movers: UNI Hits 1-Week High, XRP 10% Higher – Market Updates Bitcoin NewsUniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence.
Read more »

BTC, ETH and XRP Price Analysis for November 15Can BTC or ETH show a similar price blast to XRP? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x
Read more »

Global population surpasses eight billion for first timeFor the first time ever, the living human population blew past eight billion people Tuesday, according to projections from the United Nations.
Read more »

AleXa's 'Back In Vogue' MV surpasses 10 million views on YouTube | allkpopAleXa's 'Back In Vogue' music video has surpassed 10 million views on YouTube.Previously on November 11 KST, singer AleXa rele…
Read more »