XRP, the second largest cryptocurrency in the market has had its ups and downs over the last few months. With the value of the cryptocurrency falling below the 30 cent market, XRP has witnessed its user base go through a lot.
On a positive note for the cryptocurrency, a recent survey shows that since 2012, XRP has garnered some astounding records. The survey says that over the past 6 years, a total of $1 trillion has been transferred in the form of XRP. To its credit, 900 million XRP transactions have taken place over the XRP ledger.
The information from ‘data.ripple.com’ also indicates that 43 million ledgers were closed on the XRP ledger. Post this reveal, Gwier was quite abuzz with XRP chatter as shown by Aaron, a user, who commented:
“Impressive! And to think things haven’t really started yet.”
The reveal also sparked a virtual tussle between members in the crypto sphere, mainly Eb Falls, a Twitter user and Tiffany Hayden, a popular XRP proponent. Eb Falls had stated:
“ I am having trouble figuring out what XRP does.”
To which, Tiffany Hayden replied:
“$XRP can do whatever any other crypto can do, but it can do it faster and cheaper.Are you wondering what @Ripple, specifically, is positioning XRP for?”
XRP was given a boost when Binance, the world’s largest cryptocurrency exchange, announced plans to list trading pairs XRP/USDC, Bitcoin [BTC]/USDC, Binance coin [BNB]/USDC, Ethereum [ETH]/USDC, EOS/USDC on December 15, 2018, at 03:00 AM UTC.
The blog also stated:
“The existing USDC/BNB and USDC/BTC trading pairs will be removed and delisted at 2018/12/16 03:00 AM (UTC). All existing orders in each order book will also be canceled at this time.”
XRP’s popularity surge was also evidenced by CoinField’s latest plans to launch an XRP based Stellar Lumens trading pair called XLM/XRP. Post the news, Lapinette, a Twitter user had stated:
“Really good Job ! I’m not Canadian but I’m an XRP holder so I’m so proud of you ! I really hope than other as @binance @BittrexExchange @Bitstamp @eToro … will follow your exemple !
Nick, another Twitter user asked:
“Why do we keep on trading all this stuff on exchanges instead of spending it..”
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