RATE Group | Ripple’s XRP is in the verge of mass adoption – Eric Dadoun
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Ripple’s XRP is in the verge of mass adoption – Eric Dadoun

30 Jan Ripple’s XRP is in the verge of mass adoption – Eric Dadoun

Posted at 23:34h in Cryptocurrency News by

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  • XRP liquidity index is growing, which can be interpreted as a positive signal for the coin.
  • On the intraday charts, XRP/USD attempts recovery from critical support area.

Ripple’s XRP is the third-largest digital asset with the current market value of $10.2 billion. The coin has lost over 2% of its value in recent 24 hours to trade at $0.2340. XRP/USD has been gaining ground since the beginning of the year in sync with the market.

XRP Liquidity Index at an all-time high

The XRP liquidity index in Mexico and the Philippines has been growing recently. Bitso, the largest Mexican exchange, registered a new all-time high at $13 million, leaving the previous record of 12,230,900 far behind.

According to a startup investor and XRP supporter Eric Dadoun, this trend illustrates Ripple’s growing mass adoption and proves that XRP is used on a daily basis outside speculations. He wrote on Twitter: 

The single largest daily use case for a digital asset outside of…

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