Ripple Pushes xRapid Rollout As XRP Exchange Liquidity Increases 300%
The availability of XRP has increased exponentially in recent months.
According to a new breakdown from avid Ripple and XRP prognosticator Hodor, the number of digital outlets where XRP can be purchased has jumped more than 300% in less than a year.
“Less than one year ago, I inventoried all of the known worldwide exchanges that carried XRP, and arrived at approximately 29 exchanges. And recently, I again took inventory of the number of XRP exchanges and entry points, and the number was 105 and growing quickly. This represents more than a 300% increase in the number of liquidity endpoints in less than a year, with some of the new entrants representing milestones in Ripple’s overall xRapid roll-out strategy.”
The analysis uses numbers from CoinMarketCap, CoinGecko and Live Coin Watch.
The rapid rise is also a positive sign for all cryptocurrencies at large. The dramatic increase in the number of options means crypto investors should no longer have to wait in line for months at an exchange that may or may not be open for new sign ups.
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Comments 3
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paul warker
Sep 5, 2018Binance serves its best but sometimes it gets compromised. So, to get rid of all the transaction errors, you can dial Binance phone number 1855-206-2326 and convey your issue to professionals who are skilled in this domain and can easily eliminate all your errors in minimal time.
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Anonymous
Sep 5, 2018If xRapid gets activated by October/November, the 3 exchanges (that we know of) start using XRP as their base pair and if SBI fully launches their program, i.e announces use for their remittance network through xRapid/XRP, I think $10 will be a drop in the bucket for how high the XRP price will be. Everything is set up and ready to go, we just need xRapid turned on…of course not forgetting the dozens of banks that will be using XRP by the end of 2019. $10 per XRP will seem like a bargain.?
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vinylwasp
Sep 5, 2018Dooh! The number of exchanges has no direct bearing on the liquidity available to those exchanges.
Leave A Comment
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Comments 3
paul warker
Sep 5, 2018Binance serves its best but sometimes it gets compromised. So, to get rid of all the transaction errors, you can dial Binance phone number 1855-206-2326 and convey your issue to professionals who are skilled in this domain and can easily eliminate all your errors in minimal time.
Anonymous
Sep 5, 2018If xRapid gets activated by October/November, the 3 exchanges (that we know of) start using XRP as their base pair and if SBI fully launches their program, i.e announces use for their remittance network through xRapid/XRP, I think $10 will be a drop in the bucket for how high the XRP price will be. Everything is set up and ready to go, we just need xRapid turned on…of course not forgetting the dozens of banks that will be using XRP by the end of 2019. $10 per XRP will seem like a bargain.?
vinylwasp
Sep 5, 2018Dooh! The number of exchanges has no direct bearing on the liquidity available to those exchanges.