What’s the Secret Behind Ripple (XRP) Price Surge?

The downward market trend hit Bitcoin (BTC), leaving the preeminent coin down in the USD 5,000 region for the second time in 2018. Similarly, altcoins also experienced the downtrend, which saw Ethereum (ETH) and Ripple (XRP) trade places.

The exchange’s trading pairs of XRP/JYP resulted in a trading volume of $124.67M USD, bringing its MCAP to $829.02M USD. XRP continues to rise by market capitalization. Consequently, the coin garnered a total of $20.56B USD while ETH is staggering with a market cap of $18.27B USD.