RATE Group | Ethereum (ETH) Reclaims the Number 2 Spot After XRP’s Recent Surge in The Markets
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Ethereum (ETH) Reclaims the Number 2 Spot After XRP’s Recent Surge in The Markets

23 Sep Ethereum (ETH) Reclaims the Number 2 Spot After XRP’s Recent Surge in The Markets

Posted at 16:11h in Ethereum News by

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There is doubt that XRP has experienced one of the most impressive last few days in the crypto markets. It all started on the 17th of September when one of Ripple’s Executives hinted that xRapid would be going live in the next month or so. Sagar Sarbhai, head of regulatory relations for Asia-Pacific and the Middle East at Ripple, was the executive who made the following comments with regards to xRapid :

I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production

What then followed is that XRP surged from levels of around $0.27 on the 18th of September, to its most recent peak of $0.80 on the 21st of September. This was a 196% increment in three days and only considering the new peak value. In the process, XRP managed to edge out Ethereum (ETH) from the number 2 spot as reported on coinmarketcap.com.

XRP edges out ETH from the number 2 spot. Source, coinmarketcap.com

Ethereum Regains the Number 2 Spot

Soon…

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