XRP Surges 30% in Volume As $30B Market Cap Nears

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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

The trading volume of popular crypto XRP increased by 30% over the past day, reaching $794M, representing the spot market. The volume of XRP derivatives trading, namely perpetual futures, grew by 11.29% over the last 24 hours. The total trading volume of XRP during the period was at an estimated $1.4B. The rise in trading volumes coincides with XRP approaching the significant $30B market cap. The current figure stands at $29.32B, just 2.26% short of the key mark. As XRP’s market cap surpasses $30B, the token may potentially rank among the top 600 largest entities.

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